TORONTO—Canadians are less economically free than Americans for the second straight year, according to the Fraser Institute’s annual Economic Freedom of the World report released today.
The United States ranks 6th in this year’s report compared to Canada, which ranks 9th.
“Due partly to higher taxes and increased regulation in Ottawa and among provinces, Canadians are less economically free than their American cousins, which means slower economic growth and less investment in Canada,” said Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute.
