Posthaste: Why Canada’s no longer among world’s 10 most competitive economies, BMO’s miss and what the MLSE did next

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Good morning!Canada is now the world’s 13th most competitive economy, Switzerland-based IMD Business School said in its annual rankings of 63 economies. It’s better than what Germany, Australia and the United Kingdom could muster, but it’s still a three-point drop from last year’s survey, and we can no longer boast of being among the world’s 10 most competitive economy, i.e. assuming we should boast about a survey.

No less than 25 economists believe Bank of Canada will maintain interest rates at its latest meeting at 10 a.m. ET in Ottawa. But if you are looking for heated debate and controversy, stay in the capital where Amazon and Microsoft executives will be grilled by the International Grand Committee on Big Data, Privacy and Democracy.

Combining crops with livestock receipts, total farm cash revenues in the first quarter reached $15.9 billion, up 3.1 per cent from the same quarter in 2018.

 

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