Canada Ranks High

Canada Ranks High in Doing Business

First Published: Sep 10, 2008 ADawnJournal.com

The World Bank just published their Doing Business 2009 report and Canada is in the top ten of the easiest country to do business list - unchanged from the previous year. The World Bank ranked 181 countries. Heavy reforms have been found in 113 of those countries.

This report looks at ten indicators of business regulation that considers the time and cost to meet government requirements in starting and operating a business, paying taxes, trading across borders, and closing a business. This report does not look at currency volatility, macroeconomic policy, infrastructure, crime rates, or investor perceptions.

Let's look at some of the interesting highlights of this report:

Top Eight Countries (Unchanged from last year)

Singapore

New Zealand

The U.S.

Hong Kong

Denmark

United Kingdom

Ireland

Canada

Top Ten Reformers

Azerbaijan

Albania

Kyrgyz Republic

Belarus

Senegal

Burkina Faso

Botswana

Colombia

Dominican Republic

Egypt

Lowest-Ranked Ten Countries

Niger

Eritrea

Venezuela

Chad

São Tomé and Príncipe

Burundi

Congo, Rep.

Guinea-Bissau

Central African Republic

Congo, Dem. Rep.

Best Reformer - Azerbaijan

Venezuela - The only non-African country in the in Lowest-Ranked Ten Countries

Egypt and Colombia – Appeared on the list of the top ten reformers for the third time in four years

Twelve countries where found where you need government approval for land transfers.

Article Source: The World Bank,, Doing Business, and Doing Business Database. Links are provided below.

If you are interested in finding out more, visit the following websites –

The World bank - http://www.worldbank.org/

Doing Business - http://www.doingbusiness.org/