Tuesday, December 28, 2010

Best of Country for Business 3

Canada

Overall rank: 3
GDP per capita: $40,200
GDP, real growth rate: 0.7%
Population (millions): 33.2
Trade balance as % of GDP: 1.9%
Federal budget balance as % of GDP: 0.2%

Trade and budget surpluses, tax relief from the current administration and conservative lending practices of its banks have left the U.S.' northern neighbor in an enviable position amid global tumult. Reignited demand for commodities in the face of U.S. inflation could help reverse export declines in this gold- and oil-sands-rich nation. (in Forbes)

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