Canada receives the top spot for quality of life for the fourth year in a row, according to the 2020 Best Countries report. Canada was also chosen as second place for overall ranking across all metrics.
Quality of Life: 1st place
Citizenship: 2nd place
Open for Business: 3rd place
This subranking evaluates a country on how bureaucratic it is, how cheap manufacturing costs are, the level of corruption, if favourable tax environments exist, and how transparent the government is.
Entrepreneur: 6th place
Canada ranking highly under the Entrepreneur subranking should come as no surprise. Canada is a country of immigrants. Newcomers to Canada are notoriously entrepreneurial and fuel much of Canada’s economic prosperity.
About the 2020 Best Countries Report
The 2020 Best Countries Report is a partnership with the BAV Group and the Wharton School of The University of Pennsylvania.
The report surveys, 20,000 people, to evaluate their opinions on 73 countries on 75 different metrics to create nine subrankings:
- Adventure
- Citizenship
- Cultural Influence
- Entrepreneurship
- Heritage
- Movers
- Open for Business
- Power
- Quality of Life
Lauren Boorman
Rebecca Major
Adam Pinsky