Canada improves competitiveness ranking

Canada has dramatically improved its global competitiveness ranking from #13 in 2007 to #9 in 2009, according to the World Economic Forum, a Swiss-based not-for-profit foundation aimed at improving corporate governance. The Forum now ranks Canada ahead of the UK, Korea and Hong Kong, based primarily on performance in sub-indexes such as flexibility of labour market, quality of higher education and training, availability of new technologies and financial market sophistication. Topp-ing the ranking this year are Switzerland, US, Singapore, Sweden and Denmark. The Forum's Canadian partner is the Institute for Competitiveness and Prosperity….