The nation's strong educational system makes human capital development easier for businesses that locate in Canada

According to the World Economic Forum (WEF) Human Capital Report, Canada's youth benefit from a globally competitive educational system while its adults lead the world in levels of post-secondary attainment. The annual human capital index rates Canada ninth out of 130 countries and second in the G20, ahead of Germany (11th), France (17th), United Kingdom (19th) and U.S.A. (24th). With a score of 81.95, Canada's talent scored more than eight points higher than the G20 average and more than a point higher than the G7 average.

Taking a life-course approach, the WEF ranks 130 countries on how well they develop and utilize talent. The report rates each country's human capital by assessing education, skills, and employment among five distinct age groups from birth to 65 years and older. Canada ranks among the top 10 countries for three out of five age groups in addition to claiming the top score for many important indicators.

Related: Ontario universities home to two of the best computer sciences schools in the world

Canada's youth benefit from top global educational system

According to the Organization for Economic Co-operation and Development (OECD)'s Programme for International Student Assessment (PISA), by the time students from the U.S. reach the age of 15, their math skills are a full year behind their Canadian counterparts'. The WEF report also rates Canada first in the world for both primary education attainment and youth literacy rates. And once Canadian youth graduate secondary school, they have the opportunity to take advantage of Canada's global top five higher educational system.

Canadian adults lead the world in post-secondary attainment

Canadian adults rank second for post-secondary education among 25-55 year olds and first among 55-64 and 65+ age groups. Praised by the WEF for having one of the world's most highly skilled and productive "silver workforces," Canada has a 14% labour force participation rate among those 65 years and older. In part, this is due to the fact that the World Health Organization (WHO) rates older Canadian adults as having the best chance to live long, healthy lives.

Find out where innovative global firms are coming to take advantage of Canada's top talent

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October 17, 2016

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