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The article presents the results of comparative assessment of the competitive potential of the Republic of Tatarstan and the regions of Canada. There is a significant lag in productivity. in the Republic of Tatarstan. However, by a number of indicators the Republic of Tatarstan is ahead of some provinces of Canada. In the region there is some scope for productivity growth, which, in our opinion, is a basic indicator of the competitive potential of the territories. It is obvious that the task of achieving advanced growth of operational performance should be the key priority of regional economic policy not only in Tatarstan, but also in every Federal entity. DOI: 10.5901/mjss.2014.v5n28p32