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Doing Business in Canada

Global Reports and Rankings in Canada

The information on this page was current at the time it was published. Regulations, trends, statistics, and other information are constantly changing. While we strive to update our Knowledge Base, we strongly suggest you use these pages as a general guide and be sure to verify any regulations, statistics, guidelines, or other information that are important to your efforts.

Canada Global Reports and Rankings

Understanding Canada’s position in various global reports and rankings is crucial for companies seeking to expand their operations into the country. These reports and rankings offer valuable insights into various aspects of the Canadian business environment, including competitiveness, ease of doing business, innovation, and infrastructure.

By analyzing these reports, companies can gain a deeper understanding of the potential opportunities and challenges they may encounter in the Canadian market.

World Economic Forum Global Competitiveness Index – Canada

  • Current Canada Ranking: 14th (out of 141 economies) in 2023.
  • Impact on Doing Business: Canada’s high ranking in the GCI indicates a strong overall business environment characterized by a skilled workforce, sound institutions, and a developed infrastructure. This can be positive for companies looking to establish or expand their operations in Canada, as it suggests a stable and supportive environment for conducting business.

World Bank Group Doing Business Report – Canada

  • Current Canada Ranking: Not ranked since 2018 due to methodological changes.
  • Impact on Doing Business: While the World Bank no longer ranks individual countries in the Doing Business report, the data they collect can still be valuable for understanding specific aspects of the business environment in Canada, such as starting a business, dealing with construction permits, and trading across borders.

World Bank Group Worldwide Governance Indicators – Canada

  • Current Canada Ranking:
    • Voice and Accountability: 94th percentile
    • Political Stability and Absence of Violence: 98th percentile
    • Government Effectiveness: 91st percentile
    • Regulatory Quality: 94th percentile
    • Rule of Law: 96th percentile
    • Control of Corruption: 95th percentile

World Economic Forum Global Information Technology Report – Canada

The Global Information Technology Report features the iteration of the Networked Readiness Index. The Networked Readiness Index assesses the factors, policies, and institutions that enable a country to fully leverage information and communication technologies (ICTs) for increased competitiveness and well-being.The last Global information Technology report was released in 2016.

Canada World Economic Forum Global Gender Gap Report

Canada ranks 25th globally in 2023.

Transparency International Corruption Perceptions Index – Canada

Canada ranks 12th globally in 2022.

World Bank Open Data – Canada

Provides various data points relevant to doing business in Canada, including GDP, trade statistics, and inflation rates

Organization for Economic Co-operation and Development

Offers various reports and data on Canada covering various aspects of the economy and society.

World Factbook – Canada

Provides a comprehensive overview of Canada, including demographics, economy, government, and infrastructure.

Canada World Trade Organization Trade Profile

Provides information on Canada’s trade policies and statistics.

Canada World Intellectual Property Organization Global Innovation Index

Canada ranks 15th globally in 2023.

The Global Startup Ecosystem Report by Startup Genome

Ranks Canada’s startup ecosystem 21st globally in 2023

International Monetary Fund (IMF) for Canada

Provides reports and data on Canada’s economy and financial system

GSMA Mobile Economy 2023 Report

Provides data and insights on Canada’s mobile communications sector

ITU World Telecommunication/ICT Indicators

Provides data on Canada’s information and communication technology infrastructure

International Organization for Standardization (ISO)

Provides information on Canada’s adoption of international standards

References

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