Canada is #5

BMironov

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Hello REIN!

Canada is #5 in the annual report "Economic Freedom of the World"!

QUOTE As Globe and Mail says: "On a scale of 1 to 10, Canada earns a grade of 8.1 in this year`s Economic Freedom of the World (EFW) report card, putting us into a three-way tie for fifth place out of 140 contender countries - one of our best performances since 1970.

It grades countries on a number of economic and political attributes - on people`s freedom to make personal economic choices and to engage in cross-border trade, on property rights, on integrity of a country`s currency, on relative size of government. Using 42 separate sets of "data points," assembled from the statistical resources of the World Bank and the International Monetary Fund, the EFW concludes that the Top 10 most-free economies are: Hong Kong (8.9); Singapore (8.8); New Zealand (8.5); Switzerland (8.3); Canada, the U.S. and the U.K. (all 8.1); Estonia (8.0); Australia (7.9); and Ireland (7.8)."

Canada has rating 9.7 out of 10 in "Access to Sound Money" category: [list type=decimal][*]money growth 9.7[*]standard deviation of inflation 9.5inflation: most recent year 9.6freedom to own foreign currency 10.0[/list type=decimal]It all means that Canada is a place for money to grow with inflation well under control.

It is a country of "Money tree" forests.
(International money tree seeds are welcome here)

Report is available at: http://www.fraserinstitute.ca/shared/readm...v=pb&id=934



Happy investing everyone!
 
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