Canada Losing Pace in Key Business Ranking


EspañolForbes has released its 2013 “Best Countries for Business” ranking, and Canada has fallen noticeably. Its 8th place ranking, while not embarrassing, comes after 5th place last year and the number one spot in 2011.

The magazine grades countries according to several indicators, and Canada’s breakdown is: ninth for property rights, 21st for innovation and technology, eighth for tax burden, ninth for corruption, sixth for trade freedom, 77th for monetary freedom, second for red tape, fourth for investor protection, 58th for investor returns, and first for personal freedom.

Canada was outranked by Ireland, New Zealand, Hong Kong, Denmark, Sweden, Finland, and Singapore; and followed by Norway and the Netherlands.

Subscribe to our daily newsletter

Source: The Globe and Mail.

Subscribe to our daily newsletter
Sign up here to get the latest news, updates and special reports delivered directly to your inbox.
You can unsubscribe at any time

Get free promotions for your business!


Get free promotions for your business!

For a limited time we are giving away a week of unlimited free promotions for your organization. Our new LiveMarket Special Offers, Dining Deals, & Events reach over 30,000 local readers. Click below to get started.

Get Free Promo