Canada Ranks Above USA in Economic Freedom
April 11th, 2010 Posted in Canada and Beyond
Canada Ranks Above US in Economic Freedom
The Heritage Foundation just put out its annual report, and Canada scores 7th best in the world. In Heritage Foundations’ latest index of economic freedom, the top 10 countries with the most economic freedom are:
1. Hong Kong
2. Singapore
3. Australia
4. New Zealand
5. Ireland
6. Switzerland
7. Canada
8. United States
9. Denmark
10. Chile
Do you see anything remarkable on this list? Chile, still a 3rd world country, has managed to climb on the top ten list through dynamic economic growth because of free global trade agreements, strong public sector growth, and diversified financial sector.
One thing I did not like on Wikipedia’s Canada page is this line:“Canada is a mixed market, ranking lower than the U.S. on the Heritage Foundation’s index of economic freedom but higher than most western European nations.” Now that Canada beats USA in economic freedom, This line would not make me unhappy anymore and hopefully Wikipedia will update this shortly.
More Canada Articles:
Canada/Toronto Archive
Canada 2010 Federal Budget Highlights
New Mortgage Rules Come To Canada
Canada Exceeds Economic Expectations
2 Responses to “Canada Ranks Above USA in Economic Freedom”
By Zach on Apr 11, 2010
You know… that’s the magic of Wikipedia. *they* don’t update anything. WE do
By A.D. on Apr 11, 2010
“They” means in this case “Wiki readers/fans who update Wiki.” Cheers.