WHY IS CANADA NUMBER ONE FOR BUSINESS?

Canada is the top global destination for business, according to a new Forbes ranking that touts Canada’s economic resilience as much of the rest of the world battles major financial woes.

Canada was among the top tier of countries when it came to protecting investors and dealing with red tape, with the report saying it is relatively easy to start a new business in Canada.

The forbes ranking described Canada as an  “affluent, high tech industrial society in the trillion dollar class.”

Unlike the United States, Canada has stayed cool in terms of its economy with a jump of 3.1 per cent in 2010 and more growth expected in the current year.

One hundred and thirty countries were surveyed using such criteria a technology, corruption, personal and financial freedom , stock performance, property rights and taxes.

Following Canada at the top were New Zealand, Hong Kong, Ireland, Denmark, Singapore, Sweden, Norway, Britain and the U.S.

Behind Canada’s glittering economic performance are Canada’s solid fundamentals. Our rich resource industries, a rock-solid federal government, peace and security with the added sizzle of the French fact which gives Canada a special flavour.

Why is Canada number one for business?

What do you think?

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6 Comments »

  1. 1
    Tony Kondaks Says:

    I wonder where the Glorious Nation of Quebec would be on that list.

  2. 2
    jim Says:

    It would be up your craw.

  3. 3
    Neil McKenty Says:

    The glorious nation of Quebec, a founding nation of Canada, is, ipso facto, also number one in the world

  4. 4
    Tony Kondaks Says:

    So. We’ve moved from “founding people” to “founding nation”.

    Now, that’s precious!

  5. 5

    Quebec is not a nation, and it didn’t “found” anything because this place wasn’t lost.

  6. 6
    Barbara Says:

    Lady Janus, now you are picking at words. My understanding is that “Nation” is not always a political unit as much as an ethnic-based society — like the Cree nation, or the Iroquois nation, or perhaps the Welsh or Catalans or the Han. And “found” is not related to discovery, but to “foundation” or establishing something that endures. Granted, the British and the French were not the first to establish a society in what we now call Canada, but they did establish themselves, for better or worse.


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