Global Property Guide

Financial Information for the Residential Property Buyer


Competitiveness Rating - Canada Compared to North America

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

Click name of country for detailed information
USA 5.90
Canada 5.30
 

Canada: Economic growth competiveness index

The Growth Competitiveness Index (GCI), aims to quantify the quality of the macroeconomic environment, the state of a countrys 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. National Bank releases a monthly house price index composite of 11 cities. The Canadian Mortgage and Housing Corporation (CMHC) has statistics on house prices, 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 and has statistics on median house prices (MLS). 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.