CEO Innovation Summit | December 6, 2018 Learn More

Canada

Outcompeting Its Southern Neighbor

As a percentage of its population, Canada admits twice as many immigrants annually as the United States, and its new Express Entry system shows the country wants to continue to attract immigrants, particularly those with job offers from an employer. Retaining international students postgraduation remains important to the country, and giving a role to provinces is innovative. However, taking into account recent government restrictions on temporary visas for high-skilled and lower-skilled workers makes Canada’s immigration policies “moderately favorable” to economic growth.

Score Breakdown: Canada vs. United States

About the Report

Business Roundtable selected the evaluated countries based on five criteria:

  1. Worldwide university rankings;
  2. Per-capita income;
  3. Gross domestic product growth rate;
  4. Net migration rate; and
  5. Research and development investment.

After comparing each advanced economy relative to the five criteria, the top 10 countries (including the United States) were selected for the study: Australia, Canada, France, Germany, Hong Kong, Japan, Singapore, Switzerland and the United Kingdom (U.K.). Not coincidentally, these are the countries with which the United States competes most for foreign talent, particularly in science and technology fields.