Canada Ranked Among The Easiest Countries To Start A Business In 2021 & The US Fell Behind

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Canada Ranked Among The Easiest Countries To Start A Business In 2021 & The US Fell Behind
Surface | Unsplash Isabel Piñeiro | Unsplash
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Ever dreamed of starting a business? Well, Canada might just be the best place to do it.

Canada was recently named one of the easiest countries to start a business, according to a list created by Victoria University Online.

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The list used 2020 data from the World Bank, including information on the average number of days it takes to start a business, how hard getting a licence is, and the cost of a startup.

Canada ranked number five on the list.

New Zealand took the number one spot as the easiest country for starting a business, while the U.S. came in at number 58. 

  • Osobe Waberi was a Toronto-based Ethiopian-Somali Francophone writer at Narcity Canada. She graduated from the University of Toronto with a specialist degree in journalism and a news media diploma from Centennial College. Before Osobe’s gig as a national trending writer at Narcity, she worked at Toronto Star, The Canadian Press, VICE, and CBC.

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