IS CANADA THE BEST COUNTRY IN THE WORLD TO DO BUSINESS?

According to Forbes magazine it is.  Mainly because of our tax policies.

On New Year’s day, Canada’s corporate tax rate – federal and provincial rates combined – 25 percent making Canada the lowest rate in the group of seven countries, and a more competitive economy on a global basis.  Compare this to the rate in the United States, 39 per cent the second highest in the world after Japan with 39 per cent.

Canadians in general do not seem to be aware of this accomplishment.  It took an American magazine to blow the bugle.

Is Canada the best country in the world to do business?

What do you think?

Advertisements

6 Comments »

  1. 1

    I was not aware of that.
    We also have skilled and dedicated workers who earn fair wages here.
    Now, I would like to see the government mount a campaign to shout it to the world.

  2. 2
    Neil McKenty Says:

    Considering our banking system is the soundest in the world and our unemployment rate is relatively low, our government and Canadians in general have plenty to boast about.

  3. 3

    We do a good job for business,no matter what the right wing may say. The laws are fair,the tax system is more straightforward that what they have in the US,and business owners can go to jail for far less offences that there. Plus,our education system is first rate.

  4. 4

    Canada exists to serve as a source of natural resources for the
    United States. As long as Canadians behave and don’t make waves, they can do what they want.

    But get out of line? Then there will be hell to pay.

  5. 5

    For once I don’t really agree with Tony.
    While it’s true that we provide resources to the USA, they are our biggest trading partner, and it is to our benefit to “serve” our client/customer. As In most business arrangements, there is a lion and a mouse. (Just ask any WalMart supplier.) We have 1/10th the population of that trading partner, so we can hardly expect them to be more than cordial when they are negotiating in their own interest.
    I think we are very fortunate to have them as neighbours (They have Mexico), and they are equally fortunate.
    We could do a better job pointing that out to the general population down there-they think we are foreign & live in Igloos. 🙂 EH?

  6. 6

    Countries supplying natural resources to others have historically had the problem that they ship most of those resources in their raw state, while the country that purchases them then uses its workers to refine and make use of the raw material. We do better these days (I think) than we used to, but it is still a problem for us.
    As to the idea that we have 1/10 the population, from a production and consumption point of view that is a bit of a red herring, in that our 1/10 lies like a ribbon along the border, with lots of large cities, producers, and buyers. It used to be the case – and I imagine still is – that 90% of Canadians lived within 200 KM of the American border.


RSS Feed for this entry

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: