Canada

Economic Freedom Rating - Canada Compared to Continent

Footnote

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Canada	80.18
USA	80.56

Canada: Economic freedom rating

Scores are from 0 to 100, higher scores are more desirable i.e. more conducive to economic growth. The lower the score, the greater the level of government interference in the economy and the less economic freedom a country enjoys.

• Free— 80 - 100;
• Mostly Free— 70 - 79.9;
• Moderately Free— 60 - 69.9;
• Mostly Unfree— 50 to 59.9; and
• Repressed— 0 - 49.9.

Source: The Heritage Foundation and the Wall Street Journal

Canada has some of the best housing data in the world. Statistics Canada releases a monthly house price index. The Canadian Mortgage and Housing Corporation (CMHC) has statistics on median house prices (MLS), housing construction activities and rent. CMHC’s Housing Market Outlook and Rental Reports summarize this data. The Canadian Real Estate Association (CREA) produces forecasts of house sales activities. Scotia Bank reviews current developments in the real estate market.

General economics statistics are available from the Reserve Bank of Canada. There are also weekly updates of economic trends from the Bank of Scotia.