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)
Top Ten Reformers
Lowest-Ranked Ten Countries
São Tomé and Príncipe
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/