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Survey ranks Canada first as a place
to invest, Low dollar helps, again! January 29, 2002: National Post.
Canada has finished first for the second
time in a row in an international ranking of investment destinations,
beating the other major industrialized countries.
The study looked at the cost of investing in G7 countries,
Austria and the Netherlands. It was conducted by consultants
KPMG and sponsored by 45 international agencies and governments.
The last KPMG report, issued in 1999, credited the low dollar
and cheaper labour costs for Canada's advantage over the United
States and other countries.
According to a recent PISA study by
the OECD Jan. 07, 2002 : Montreal Gazette
Study: In reading skills, Canada was ranked
second in the world, the United States 15th and Germany 21st.
In mathematics, Canada was ranked 6th, the U.S. 19th and Germany
20th. In science, Canada came in 5th, the US.14th and Germany20th.
Over-all, Canada, along with Japan, South Korea, and Finland,
was ranked among the top four countries in the world.
Increase in investment in Canada:
DFAIT Press Release, January 30, 2002.
International Trade Minister Pierre Pettigrew
and Industry Minister Allan Rock today welcomed the results
of a new business study, Competitive Alternatives: Comparing
Business Costs in North America, Europe and Japan, which ranks
Canada as the leading cost-competitive industrial country.
The 2002 study marks the third consecutive time that Canada
has come out ahead of the other industrialized nations.
The 1998 Gourman Report, an independent
US report, scored 18 Canadian Electrical Engineering Programmes
in the top 40 of the world!
The 1997 Global Competitiveness Report
ranked Canada first in the G7 nations on developing 'knowledge
workers'.