Canada Passes U.S. in Bloomberg Ease of Business Ranking

Canada, struggling to emerge from a two-year slump brought on by weak exports, has swept past the U.S., Germany and Japan in a Bloomberg ranking of the best countries for doing business.

Canada rose four places to reach second place, behind only Hong Kong, which led for a third straight year. The U.S. fell one spot to third place in the index that’s based on six criteria, followed by Singapore and Australia.

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