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    Canada

    Extended
    Americas · #18 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    69.8▲ +0.4 YoY
    ●●○0.79IEPA COMPOSITE

    Canada scores 69.8 out of 100 on the IEPA (2024 edition), ranking #18 of 117 economies. That is up 0.4 points on the year before. Its strongest zone is Entrepreneurship Capacity at 86.2. Its binding constraint, the lowest-scoring of its six zones, is FDI Accelerator at 48.6. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    201120132015201720192021202320264856647280
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    201020112012201320142015201620172018201920212023202501234
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #35of 145 ranked economies▼ 8 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202426293236
    CAPABILITY RANK · HIGHER IS BETTER
    1.38% / yr
    Implied growth
    Annual growth the current capability base points to.
    272
    Diversity
    Distinct products made at competitive scale.
    +0.78
    Capability score
    Standardized: 0 is the world average.
    +1.31
    Outlook
    Value of the new products within reach of what it already does.
    READ ALONGSIDE THE INDEX
    This market sits in the top 11% on the IEPA composite but the top 29% on productive capability. The wider system is converting more than the productive base alone would predict, which puts the question on how durable that is. Both figures rank the same 115 markets that carry each measure.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Minerals23 of 48 made · 84% of the rest within reach
    Agriculture58 of 200 made · 54% of the rest within reach
    Construction, Building, and Home Supplies25 of 104 made · 72% of the rest within reach
    Metalworking and Electrical Machinery and Parts35 of 155 made · 55% of the rest within reach
    Industrial Chemicals and Metals32 of 157 made · 62% of the rest within reach
    Electronic and Electrical Goods3 of 73 made · 14% of the rest within reach
    Textile and Home Goods2 of 78 made · 17% of the rest within reach
    Textile Apparel and Accessories0 of 50 made · 6% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Construction, Building, and Home Supplies. This market makes 24% of that cluster today, and 72% of what it does not make sits one step from something it already does.
    Textile Apparel and Accessories is the furthest: 0% made, and only 6% of the rest is within one step. A move there means building capability rather than extending it.
    READ ON THE 178 OF 272 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Glaziers' putty$10B world market
    Chemicals & PlasticsOPENS 0.13 · COMPLEXITY +0.27
    Hair products$17B world market
    Chemicals & PlasticsOPENS 0.13 · COMPLEXITY +0.16
    Sausages$7B world market
    Agrifood & FisheriesOPENS 0.13 · COMPLEXITY +0.35
    Food preparations n.e.c.$56B world market
    Agrifood & FisheriesOPENS 0.11 · COMPLEXITY -0.11
    Starch residues$6B world market
    Agrifood & FisheriesOPENS 0.10 · COMPLEXITY 0.00
    Aluminum containers, <300 liters$7B world market
    Mining, Metals & MaterialsOPENS 0.10 · COMPLEXITY -0.13
    THE NEAREST OPTIONS AMONG 373 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    LIVE SIGNALS
    No recent scored signals for this market.
    PEERS · EXTENDED
    🇸🇮Slovenia67.5→🇵🇹Portugal67.3→🇪🇪Estonia67.0→🇱🇹Lithuania66.8→
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-10-11
    4,300organizations indexed across 11 types · 4,231 mapped
    Research organizations
    1,368
    Corporate R&D
    1,339
    Universities & research bodies
    707
    Health research
    377
    Government bodies
    265
    Science & tech parks
    148
    Incubators
    48
    Fab labs & makerspaces
    42
    investor
    3
    Accelerators
    2
    company
    1
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 4,300 indexed
    AI@Centech
    Accelerators · 2019
    The DMZ
    Incubators · Toronto
    Innovate Calgary
    Incubators · Calgary
    McMaster Innovation Park
    Science & tech parks · Hamilton
    David Johnston Research + Technology Park
    Science & tech parks · Waterloo
    Thrombosis and Atherosclerosis Research Institute
    Universities & research bodies · Hamilton · 1988
    Canadian Mennonite University
    Universities & research bodies · Winnipeg · 1999
    Graymont (Canada)
    Corporate R&D · Richmond · 1948
    Toyota Motor Corporation (Canada)
    Corporate R&D · Toronto · 1937
    Jesse & Julie Rasch Foundation
    Research organizations · Toronto · 2000
    Wildlife Habitat Canada (Canada)
    Research organizations · Ottawa · 1984
    Members get the full directory, filters, and exports.See all 4,300 organizations →

    Canada: common questions

    What is Canada's IEPA score?
    Canada scores 69.8 out of 100 on the IEPA, 2024 edition, which ranks it #18 of 117 economies.
    What is Canada's strongest zone?
    Entrepreneurship Capacity, at 86.2. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Canada back?
    Its binding constraint is FDI Accelerator, at 48.6, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Canada compare with its peers?
    The closest scored peers are Slovenia (67.5), Portugal (67.3), Estonia (67.0), Lithuania (66.8).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Canada →