The Canadian Economics Olympiad (CEO)

Canadian Economics Olympiad (CEO)

Canadian Economics Olympiad (CEO) is Canada's premier high-school economics competition and official qualifier for the International Economics Olympiad (IEO). CEO is authorized to select Team Canada for participating in the IEO.

Each country is represented by only one team which consists of no more than five contestants and one or two team leaders.
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The Prof. of the University of Ottawa, Yuri Khoroshilov, is the chair of CEO and leader of Team Canada. The CEO is an "inclusive" competition. Participation in the competition is free of charge.

Lorvale Academy is the exclusive educational partner of the CEO in Canada and a sponsor of Team Canada at the International Economics Olympiad. As the Team Canada sponsor, Lorvale Academy is committed to cover Team Canada transportation costs for IEO.

From 2020-2022, the members of "Team Canada" were selected solely based on their performance in Economics Competition of CEO. However, starting in 2023, the selection process for the IEO Team Canada will be based on both the results of the Economics Competition organized by CEO and the Canadian Economics and Business Case Competition organized by Lorvale.

Goals of Canadian Economics Olympiad (CEO)

Develop

To further the problem-solving skills of high school students through practice in logical thinking and creative application of general knowledge

Discover

To discover, challenge, unite, and reward young people who are exceptionally talented in Economics, Finance, and Business.

Elevate

To elevate general awareness of the importance of Economics, Finance, and Business.

Encourage

To encourage friendly relations and understanding among young people interested in Economics, Finance and Business around the Canada.

Exchange

To create an opportunity to exchange information about school programs and practices.

Past Team Canada Achievement

2025 Team Canada Trophies
the 2^nd Place

GOLD

Marius Gjnali

Detroit Country Day School, MI

Eric Jin

Southridge School, BC

Andy QiHang Sun

Marc Garneau Collegiate Institute, ON

Linus Li

Theresa of Lisieux CHS, ON

BRONZE

Shirley Yang

Abby Park HS, ON

2024 Team Canada Trophies
the 5^th Place

GOLD

Pranav Pathak

Westmount Charter School, AB

Yuheng Liu

Southridge School, BC

Andy QiHang Sun

Marc Garneau Collegiate Institute, ON

BRONZE

Amaan Arif

Westmount Charter School, AB

Angelina Liu

Havergal College, ON

2023 Team Canada Trophies
the 3^rd Place

GOLD

Daniel Zhang

St. Robert CHS, ON

John Demianczuk

St. George's School, BC

SILVER

Daniel Chen

University Hill SS, BC

Jujian Zou

Markville SS, ON

BRONZE

Olivia Kay

Ashbury College, ON

2022 Team Canada Trophies
the 3^rd Place

GOLD

Martin Thaw

Toronto French School. ON

Leo Zhu

Burnaby North SS, BC

Daniel Zihan Chen

University Hill SS. BC

Olivia Kay

Ashbury College, ON

SILVER

Vikas Nibhanupudi

John McCrae SS, ON

2021 Team Canada Trophies
the 2^nd Place

GOLD

Andy Wei

Markville SS, ON

Andrew Cheng

University of Toronto Schools, ON

Angelina Zheng

St. Theresa of Lisieux CHS, ON

Eric Myzelev

William Lyon Mackenzie CI, ON

BRONZE

Olivia Koroshilov

2020 Team Canada Trophies
the 6^th Place

GOLD

Andy Wei

Markville SS, ON

Richard Yang

Victoria Park CI, ON

SILVER

Zhening Li

Sir John A. Macdonald SS, ON

Kevin Wang

Bayview SS, ON

BRONZE

Theodore Liu

Richmond Hill HS, ON

Canadian Economics Olympiad

Dates

The 2026 Canadian Economics Olympiad will be conducted in two rounds. Round 1 will be conducted on-line and Round 2 will be ocnducted in-person.
The tentative overall timeline of 2026 Canadian Economic Olympiad is as follows.

Mid Jan

Registration open

Late Jan

Registration closed

Late Feb - Early Mar

1st round contest

Late Mar

Invitation and confirmation for the 2nd round

Early Apr

2nd round contest (by invitation only)

Apr - May

Decision made for all awards of Canadian Economics Olympiad

Jun & Jul

Award ceremony, preparation for IEO

Late Jul

2026 IEO at Suzhou, China

Student Eligibility

The Business Case Competition is free to participate in and open to anyone who meets all of the following criteria:

Student is less than 20 years old;
Student must be either (1) Canadian citizen or permanent resident (can live anywhere in the world) or (2) legally live in Canada and attend in-person Canadian school (student visa or similar is accepted);
Student must have strong English proficiency (the CEO is currently only offered in English).

Prior economics, finance and business coursework is recommended but not required.

Content & Preparation

Useful literature for

Case Solving

The Pyramid Principle, Barbara Minto;
Crack the Case, David Ohrvall;
The Trusted Advisor, D. Maister, C. Green, R. Galford.

Useful literature for

Data Analysis

The McKinsey Way, Ethan Rasiel;
Strategic Management, Thompson Strickland;
The Fifth Discipline, Peter Senge;
Thinking Fast and Slow, Daniel Kahneman;
Case in Point, Marc Cosentino;
BCG on Strategy, C. Stern, M. Deimler.

Useful literature for

Presentations

Say It With Charts, Gene Zelazny;
Unfolding the Napkin, Dan Roam;
Visualize This, Nathan Yau;
The Pyramid Principle, Barbara Minto;
Slide:ology, Nancy Duarte

Results & Awards

Please refer to the following table for the Results & Awards

2^ndRound (by invitation only)

- Top 1: Absolute Winner
- Top 7.5%: Gold Medal
- Top 7.5% - 20%: Silver medal
- Top 20% - 40%: Bronze Medal
- All Remaining Contestants: National Finalist

Canadian Economics Olympiad (CEO)

CEO Preparation Programs