The phrase "competitiveness challenges" refers to difficulties or obstacles encountered in trying to remain or become more competitive in a particular field or industry. Full definition
Still, «exports continue to face the ongoing competitiveness challenges described in the January MPR,» the central bank said, referring to the Monetary Policy Report, its quarterly assessment on the state of the economy. (canadianbusiness.com)
They include the economic impacts of stricter mortgage rules, the ongoing uncertainty about U.S. trade policy, the renegotiation of the North American Free Trade Agreement and a number of competitiveness challenges faced by Canadian exporters. (obj.ca)
However, exports continue to face the ongoing competitiveness challenges described in the January MPR. (bankofcanada.ca)