Accessibility/Mobile Features
Skip Navigation
Skip to Content
Editorial News
Business
Classified Sites

The Canadian Press - ONLINE EDITION

Canada stays at No. 7 in competitiveness survey; U.S. retains top spot

LAUSANNE, Switzerland - Canada is the seventh most competitive country in a survey of 60 nations by a Swiss business school Thursday.

That is unchanged from last year in the IMD World Competitiveness Yearbook.

The school, IMD International based in Lausanne, Switzerland, says the United States retained the No. 1 spot in 2014, reflecting the resilience of its economy.

Switzerland, Singapore, Hong Kong, Sweden and Germany are also ahead of Canada. The UAE, Denmark and Norway are also in the top 10.

While Europe fares better than last year because of its gradual economic recovery, the survey shows most big emerging markets have dropped in the rankings as economic growth and foreign investment slow.

The report says Japan is three notches up because a weaker currency has helped improve its competitiveness abroad.

"The overall competitiveness story for 2014 is one of continued success in the U.S., partial recovery in Europe, and struggles for some large emerging markets," said Prof. Arturo Bris, director of the IMD World Competitiveness Center.

The report says seven of the top 10 countries in the overall ranking for 2014 are also in the top 10 for having an image abroad that encourages business development.

"In general, there is a strong correlation between a country's overall competitiveness ranking and its international image as a place to do business."

  • Rate this Rate This Star Icon
  • This article has not yet been rated.
  • We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high. If you thought it was well written, do the same. If it doesn’t meet your standards, mark it accordingly.

    You can also register and/or login to the site and join the conversation by leaving a comment.

    Rate it yourself by rolling over the stars and clicking when you reach your desired rating. We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high.

Sort by: Newest to Oldest | Oldest to Newest | Most Popular 0 Commentscomment icon

You can comment on most stories on brandonsun.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.

There are no comments at the moment. Be the first to post a comment below.

Post Your Commentcomment icon

Comment
  • You have characters left

The Brandon Sun does not necessarily endorse any of the views posted. Comments are moderated before publication. By submitting your comment, you agree to our Terms and Conditions. New to commenting? Check out our Frequently Asked Questions.

letters

Make text: Larger | Smaller

Brandon Sun Business Directory
Sudden Surge: Flood of 2014
Opportunity Magazine — The Bakken
Why Not Minot?
Welcome to Winnipeg

Social Media

Canadian Mortgage Rates