Studies Show Canada Is Among The World's Best Countries For Start-ups

January 26^th 2022 – A number of new studies and surveys in the recent months have come to the conclusion that Canada is among the best places in the world for new start-ups, illustrating the growing attraction of cities like Toronto, Vancouver and Montreal for global entrepreneurs.

For the second year in a row, Canada has ranked 4th best country in the world for start-ups in the 2021 Start-Up Ecosystem Report. Three Canadian cities (Toronto, Vancouver and Montreal) also made it to the top 50 best cities for start-ups - more than any country other than the United States and China. Canadian start-ups fared especially well in the fields of Education Technology and Energy and Environment Technology, where they reached the 3rd rank. The report is particularly positive on Canada's "massive potential" for growth, noting the efficiency of its public sector and its abundance of resources.