Canada ranks sixth in Prosperity Index
Posted Nov 2, 2015 7:25 am.
Last Updated Nov 2, 2015 7:26 am.
This article is more than 5 years old.
Canada is the sixth most prosperous country in the world, according to a newly released index by a London think tank.
The Legatum Prosperity Index looks at 142 countries, across eight categories like economy, and safety and security.
Research Analyst Harriet Maltby says Canada ranked at the top of the list in the category of personal freedom.
“I mean, it has the highest tolerance of immigrants in the world, the fifth highest tolerance of ethnic minorities, and also, I mean, 94 per cent of Canadians are satisfied with their freedom of choice, which is fifth highest in the world,” she said.
The lowest score for our country is in entrepreneurship, where we rank 15th globally, but Maltby says that’s still two places up from last year, so the trend is in the right direction.
“If you look at Australia and New Zealand, countries that are quite primarily industry-heavy, they do very well in the index overall, but in the entrepreneurship measure, they come up 14th in Australia’s case, and in New Zealand’s case, 17th,” Maltby said.
Norway has nabbed the title as the most prosperous country on earth.
The United States is 11th.
