National Economy

Economics

The experts agree – Canada is financially stable, fiscally strong, and offers opportunities for growth. Here’s what they’re saying about Canada:


Forbes says Canada is the second best country in the G20 to do business.


According to the Organization for Economic Co-operation and Development (OECD), from 2006-2015, Canada led all G7 countries in economic growth.

KPMG’s “Competitive Alternatives 2016: Focus on Tax” report found that Canada is the most tax competitive country for business.  Low corporate tax rates, moderate statutory labour costs, and low goods and services tax/harmonized sales tax were all factors in Canada’s top international ranking.

KPMG also found that Canada offers the lowest business costs in the G7 for R&D-intensive sectors, with a 27.7 percent cost advantage over the United States.

According to World Economic Forum, Canada has the world’s soundest banking system. No Canadian bank or insurer failed or required bailouts during a time when financial institutions around the world were collapsing.

Canada ranks as the best in the G7 for overall living conditions and quality of life, according to the OECD’s “Better Life Index”.

A great place to invest, work and live.

Canada is one of the most multicultural countries in the world, with world-class universities, a universal health care system and clean and friendly cities.