Global competitiveness issues for Canada

Introduction The central issue in becoming globally competitive is how to create the conditions for rapid and sustained productivity growth in a particular industry. The reason why we are discussing competitiveness of Canada is because it directly relates to our ability to live in a country with a decent economy in the future, which can support a lifestyle which we presently enjoy. There are many factors that influence productivity growth, to name a few: education, …

…capital and physical capital, which is hindering the country's higher productivity growth. Canada needs wide-ranging, long-term and sustained strategy and investments for future, to remove these barriers and to achieve higher productivity growths and standards of living, thus helping the nation to grow and prosper in the long run. http://www.chamber.ca/cmslib/general/Productivity092005.pdf http://www.fin.gc.ca/budget04/bp/bpa7e.htm 3,4 http://www.chamber.ca/cmslib/general/PreBudget1005.pdf