Investment Climate Better in the Western Canada
January 25, 2007 · By Greg Farries
The Fraser Institute has recently released a report that attempts to measure the overall investment climate for each of the provinces in Canada,
VANCOUVER, Jan. 25 /CNW/ – Ontario and Quebec, Canada’s most populous provinces, have fallen behind western Canada when it comes to creating and maintaining a positive investment climate,
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Alberta earned the highest score, 8.9 out of 10, and was clearly Canada’s top province for policies that encourage and sustain a positive investment climate. BC followed in second position but some distance behind with a score of 6.0 out of 10. Saskatchewan is third with a score of 5.3 out of 10. The three western provinces were the only ones with an overall score above 5.0.
Ontario was fourth overall with a score of 5.0 while Quebec, with a score of 3.0, was ninth.
Perhaps this evidence will counter some of the false statements that Alberta’s economy is driven solely on the price of oil.
“Perhaps this evidence will counter some of the false statements that Alberta’s economy is driven solely on the price of oil.”
Hear, hear!
It’s funny how the top 4 ‘friendlies’ are also the only ‘have’ provinces, isn’t it?
[...] up on yesterday’s post about the Fraser Institutes investment climate report, I stumbled upon some scary statistics on Saskatchewan’s at the Prairie Centre Policy [...]