PEM News >> Canada dropped two spots to 12th overall in the 32nd edition of Global Competitiveness Report 2011-12, released today by the World Economic Forum. Canada has fallen three places in the global rankings since 2009, despite achieving almost identical overall competitiveness scores over the past three years. To the Conference Board of Canada — the Canadian partner institute in preparing the report — this year’s ranking reinforces how global competitors continue to gain ground. Canada must emphasize improvements to its productivity and competitiveness to maintain its high standard of living and quality of life. “Canada should not be satisfied with its…