Canada Ranked Top County for Business
America is not the best country to do business in, according to Forbes’ list of the The Best Countries for Business. Forbes rates our neighbor to the north, Canada, as the best Country for Business in this year’s list.
What makes Canada so great for business? First of all Canadian banks are much healthier than those in the United States and in other countries. Also the Canadian economy is currently the 9th largest in the world and is continuing to grow. While most economies are struggling, Canada’s grew 3.1% last year and experts predict it will grow by over 2% in 2011.
The United States is ranked Number 10 in Forbes’ list. Other countries in the top ten include New Zealand, Hong Kong, Ireland, Denmark, Singapore, Sweden, Norway and the United Kingdom.
Hopefully 2011 will be a more encouraging year for the U.S. economy, which is the largest in the world, and the United States will return to being one of the top countries to do business in.