According to a recent index released by Forbes, many policy changes have made Canada the best country for business. The index evaluates countries on property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Canada jumped three spots from the 2010 survey, getting high marks for Personal Freedom (#1), Red Tape (#3), Investor Protection (#5) and Trade Freedom (#7). It also had a noticeable improvement in its tax ranking—thanks largely to a “Harmonized Sales Tax” and reduced corporate and employee tax rates. Is this resulting in a better climate for Startups?
Another study, "The Power of Many: Realizing the socioeconomic potential of entrepreneurs in the 21st century" named Canada the “most entrepreneurial ecosystem of all the G20 countries.” Just check out the Startup Canada campaign partners for a glimpse at the many components of this ecosystem.
To read the full, original article click on this link: Canada on the Rise - Entrepreneurship.org
