7 August 2014

Canada is one of the top five countries in the world to launch a start-up according to a study conducted by Washington State University’s College of Business.

Canada stands out for its low cost of living and highly educated work force. The 1.2% inflation rate suggests that costs will likely remain low in the foreseeable future.

The ranking was established based on the following five criteria:

• Funding
• Educated work force
• Low cost of living
• Economic health
• Low corporate taxes

The other countries in the top five are Hong Kong, the United States, Singapore, and Australia.

Source: Fast Company
Infographic: College of Business, Washington State University