Canada

Economic Competitiveness Rating - Canada Compared to Continent

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USA	5.67
Canada	5.34

 

 

Canada: Economic growth competiveness index

The Growth Competitiveness Index (GCI), aims to quantify the quality of the macroeconomic environment, the state of a country’s public institutions, and its level of technological readiness.

Higher competitiveness scores are more desirable:

• Very High – 5.51 to 7
• High – 4.51 to 5.50
• Moderate – 3.51 to 4.50
• Low - 3.01 to 3.50
• Very Low – 0 to 3.00

Source: World Economic Forum

 

Canada has some of the best housing data in the world. Statistics Canada releases a monthly house price index. The Canadian Mortgage and Housing Corporation (CMHC) has statistics on median house prices (MLS), housing construction activities and rent. CMHC’s Housing Market Outlook and Rental Reports summarize this data. The Canadian Real Estate Association (CREA) produces forecasts of house sales activities. Scotia Bank reviews current developments in the real estate market.

General economics statistics are available from the Reserve Bank of Canada. There are also weekly updates of economic trends from the Bank of Scotia.