Global Property Guide

Financial Information for the Residential Property Buyer


Economic Freedom Rating - Canada Compared to North America

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

Click name of country for detailed information
Canada 78.51
USA 75.14
 

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. National Bank releases a monthly house price index composite of 11 cities. The Canadian Mortgage and Housing Corporation (CMHC) has statistics on house prices, 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 and has statistics on median house prices (MLS). 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.