According to the results of the Martin Prosperity Institute's Global Creativity Index (GCI), companies located in Canada are the best at leveraging talent from a diverse population. Canada ranks first among 139 countries for 'tolerance,' one of the three dimensions the index uses to measure creativity. Authors of the report claim that Canada's openness to different kinds of people offers an advantage in both attracting talent across the spectrum and mobilizing new ideas, a concept shared by global executives.

Diversity and inclusion lead to more innovation, more opportunities for all, better access to talent, and better business performance.

– Dennis Nally, Global Chairman of PricewaterhouseCoopers International

The Martin Prosperity Institute of the University of Toronto's Rotman School of Management explores 'the requisite underpinnings of democratic capitalist economies that generate prosperity.' Through the Global Creativity Index, the institute presents a broad-based measure for the ability to fuel economic growth and sustainable prosperity based on three dimensions: talent, technology and tolerance.

Canada earned its top five position by ranking within the top twenty in every component of each of the three dimensions. Among the highlights, Canada ranked eighth for 'patents per capita' under the technology dimension, with more than 1,000 patents per 1 million people, and ninth for 'percentage of the nation's population working in creative class jobs,' under the index's talent dimension. 'The creative class' includes workers in science and technology and engineering; arts, culture, entertainment, and the media; business and management; and education, healthcare, and law. Canada's fourth place overall ranking places it ahead of such countries as Finland (fifth), Sweden (seventh), Singapore (ninth), U.K. (12th), Germany (14th) and France (16th).

Read the full report: The Global Creativity Index 2015

Learn more about the OECD's most highly educated workforce

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