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Each year, the World Economic Forum puts out a global competitiveness ranking. This year, Canada holds its place at No. 14, prompting many to ask why and what this means for our ability to compete on the global stage.

How are we doing on innovation? Are government programs working to spur research and commercialization? What sectors should we focus on? How can we spur growth? Are we hollowing out our head offices or encouraging investment?

Globe and Mail editor Christina Varga joined R. Douglas Williamson, CEO of The Beacon Group, and Michael Bloom, vice-president of organizational effectiveness and learning at the Conference Board of Canada, in a live video chat. You can replay the chat in the box below.