Canada Leading the Way: The Best Country to Do Business
October 17, 2011



Forbes, the influential business magazine, has ranked Canada as the best country in the world to do business.
(http://www.forbes.com/sites/kurtbadenhausen/2011/10/03/the-best-countries-for-business/)

Our Conservative Government is focused on what matters to Canadians – creating jobs and promoting economic growth.

Forbes magazine’s ranking of Canada as the best place in the world for business to grow and create jobs is yet another example of our global economic leadership, which includes:

  • the strongest job growth record in the G–7, with nearly 600,000 net new jobs created since July 2009;
  • the International Monetary Fund (IMF) forecasting Canada will have the strongest overall economic growth in the G-7 over the next two years;
  • the lowest total government net debt-to-GDP ratio in the entire G-7, by far;
  • he World Economic Forum ranking Canada’s financial system as the soundest in the world for the fourth consecutive year; and
  • Moody’s renewing Canada’s AAA credit rating due to our “economic resiliency, very high government financial strength, and a low susceptibility to event risk”

Forbes magazine also declared that “Canada’s economy has held up better than most”, praising our low-tax plan for Canadian businesses.

But Canada is not immune from the economic turbulence facing the global economy – especially from Europe and the United States.

That’s why our Conservative Government is working hard to implement the Next Phase of Canada’s Economic Action Plan – and its job-creating measures like the Hiring Credit for Small Business.