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Canada Ranked 4th Best Country in the World

Author : Adeeba Naeem 01-Oct-2024

According to the updated U.S. News country rankings for 2024, Canada has secured its place in the top 5 in the worldwide ranking of countries.

Canada has ranked as the 4th best country and achieved an overall indexed score of 94.1 through notable scoring factors that contribute to the country’s ranking, such as quality of life, entrepreneurship, social purpose, and agility. 

Canada has consistently ranked in the top 5 in the U.S. News country rankings for the past four years. 

Let’s understand how the U.S. News ranks countries.

The U.S. News assesses some of the attributes of each country to rank them. The following are the attributes grouped in the factors:

Movers: It is considered how a country is viewed by the survey respondents as different, dynamic, and unique.  

Quality of Life: This determines the country's affordability, job market, economic stability, family friendliness, income equality, political stability, safety, education system performance, and health system performance scores. 

Entrepreneurship: This determines the country’s connectedness to the rest of the world, educated and skilled labour force population score, access to capital, entrepreneurial and innovation opportunities, technological expertise, implementation of transparent business practices, development of digital, traditional infrastructure and legal frameworks. 

Agility: It is considered how a country is viewed by the survey respondents as different, modern, adaptable, and progressive.

Social Purpose: This determines how the country cares about human and animal rights, environmental issues, gender equality, religious freedoms, property rights, and social justice, along with the presence of trustworthy institutions, well-distributed political power, and racial equality. 

Open for Business: This determines whether a country is bureaucratic and corrupt, features cheap manufacturing costs, a favorable tax environment, and has transparent government practices regarding establishing a business, opening a branch, or opening an office in the country. 

Cultural Influence: This determines the global cultural significance of a country’s entertainment and culture, fashionable, modern, trendy, prestigious, and robust consumer brands. 
 
Adventure: This determines how the country is viewed: as friendly, fun, suitable for tourism, scenic, and with a pleasant climate.

Power: This determines how the country is viewed: as a leader on the world stage, economically and politically influential, and with strong military and international partnerships. 

Heritage: This determines how the country is viewed: as culturally accessible, with rich history, great food, and cultural & geographical attractions.   

In addition, Canada secures its ranking in other ranking factors conducted by the U.S. News.

Canada ranks as the:

  • 2nd the best country to headquarter a corporation. 
  • 4th country with the best education system.
  • 5th best country with racial equality.
  • 5th best country with the most perceived transparency.
  • 6th best country with comfortable retirement benefits. 
  • 6th best country to raise a child. 

In conclusion, Canada has become the most reliable and the best country for immigrants to live and work in.
 

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By: Oliver Garfield 13-Dec-2024















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