Which statement best describes the current state of productivity and innovation in Canada?

A) Canada rates very high in productivity metrics globally
B) Canada lags its major global competitors in productivity and innovation
C) Canada tends to rank high in productivity but low in innovation across most business sectors
D) Canada has seen a recent sharp increase both in productivity and innovation across all business sectors

Productivity Metrics

Productivity Metrics are quantitative measurements used to gauge the efficiency and effectiveness of production within a business or organization.

Global Competitors

Businesses that operate and compete in multiple countries, confronting and adapting to different cultural, legal, and economic environments.

Innovation

The process of turning ideas into new or improved products, processes, or services, driven by a desire to solve problems or enhance existing solutions.