Business climate in Canada

Canada ranks 3 #3 of 54 on the overall business climate (score 71). Its strongest suit is cost of capital, followed by rule of law; the weakest is momentum.

Cost of capital86 / 100Rule of law83 / 100Red tape67 / 100Business taxes67 / 100Momentum53 / 100
DriverScoreRankMeasures
Red tape and ease of doing business67 #25 of 54Regulatory framework (World Bank B-READY 2025): 72 (2025); Business entry (B-READY): 79 (2025); Public services for business (B-READY): 75 (2025); Days to start a business (Doing Business): 1.50 (2017); Procedures to start a business (Doing Business): 2.00 (2017); Ease of doing business rank (Doing Business, 1 = easiest of 190): 18 (2017)
Rule of law and legal certainty83 #9 of 54Liberal democracy (V-Dem): 0.74 (2025); Corruption perceptions score (higher = cleaner): 75 (2025); Strength of legal rights for borrowers and lenders: 9.00 (2017); Dispute resolution (B-READY): 68 (2025)
Taxes on business67 #15 of 53Corporate income tax rate (headline): 26 (2026); Total tax and contribution rate on commercial profits: 21 (2017); Taxation administration (B-READY): 65 (2025)
Cost of capital863 #3 of 27Real interest rate: 0.13 (2017); Bank lending interest rate: 2.70 (2017); Access to finance (B-READY): 81 (2025)
Energy prices for business––no comparable figure yet
Growth momentum and investment trend53 #21 of 53Real GDP growth, average of the last five years: 3.28 (2025); Growth trend: last three years against 2015-2019: 0.04 (2025); Foreign direct investment, net inflows: 2.00 (2023)
2010: 3.1%102011: 3.1%112012: 1.8%122013: 2.3%132014: 2.9%142015: 0.7%152016: 1.0%162017: 3.0%172018: 2.7%182019: 1.9%192020: -5.0%202021: 6.0%212022: 4.7%222023: 2.0%232024: 2.1%242025: 1.7%25
Real GDP growth by year (World Bank). Green bars: growth; red: contraction.

Countries with a similar profile

Switzerland · Ireland · Liechtenstein · Sweden

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Sources as on the business-climate table. Nestlyzer scores each measure 0–100 between the 5th and 95th percentile of the countries it covers. How the method works.