Only one-third of managers in Canada have a university degree, compared with almost half of American managers.10 And only about a third of adult workers receive jobrelated education and professional development training in Canada, compared with half in the United States.11 Canadian firms need to put more emphasis on skills when hiring and invest more in training to enhance the skills of existing workers.
Falling trade barriers, stable interest rates, and greater currency stability are encouraging interregional trade. Large Kenyan banks like Equity Bank which used to have 100% of its revenues from within Kenya in 2007, now gets 12.5% of its revenues from the rest of the region as expansion plans bear fruit.