Canada more business-friendly than the United States now

The Daily Caller ^ | 01/22/2014 | Breanna Deutsch

[MarkBsnr]

Canada, best known for its maple syrup and hockey teams, has now become a serious player on the international business stage.

According to a study conducted by Bloomberg, our neighbors up north have now surpassed the United States and claimed the number two spot for the most business-friendly country. Not bad, eh?

Canada’s rise to economic-stardom comes after a two year slump brought on by weak exports. The jump to the number two spot is mainly a consequence of reforms that cut the corporate income tax and the decreasing value of the dollar.

“Those are two big factors,” John Manley, a former Canadian finance minister who is now head of the Ottawa-based Canadian Council of Chief Executives, told Bloomberg. “Compared with a lot of the world, we have a pretty good story to tell.”

Behind many of the country’s economic reforms stands Prime Minister Stephen Harper of Canada’s Conservative Party. Since Harper came to power in 2006, he has steadily lowered the corporate income tax from 22 to 15 percent. This economic adjustment has given entrepreneurs new opportunities and has saved existing businesses from extra monetary burdens that made it difficult for them to expand operations.

[MarkBsnr]

We're HEEERE. Maybe we need to take over decisions like the Keystone Pipeline and general government. Good government decisions are good government decisions. Lousy ones are lousy ones. If enough American patriots came up with enough cash, perhaps the Canadians might repeat the events of 1814. A little redecorating might just do it in DC.

[Paladin2]

A little resource extraction goes a long way.

[Tzimisce]

Oh yeah?

Well Canada is racist!

[ExCTCitizen]

Canada is nice, but it is to cold. I’m waiting for palm trees in Quebec before I move.