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Canada Business Environment
Trade, commerce, and economic integration indicators
Overview
Business environment indicators for Canada, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.
Key Indicators
Firms visited or required meetings with tax officials (% of firms)
19.5
2024 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
Time to obtain an electrical connection (days)
37.0
2024 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Average time to clear exports through customs (days)
3.5
2024 · Average number of days to clear direct exports through customs.
New business density (new registrations per 1,000 people ages 15-64)
9.8
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Domestic credit to private sector by banks (% of GDP)
124.1
2008 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Corruption Perceptions Index
75.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)
Data Explorer
Trade in services (% of GDP)
14.2392132131371
2024 · World Bank
Insurance and financial services (% of service imports, BoP)
8.83552608576172
2024 · World Bank
Insurance and financial services (% of service exports, BoP)
10.0598473127512
2024 · World Bank
Domestic credit to private sector by banks (% of GDP)
124.097771689277
2008 · World Bank
Domestic credit to private sector (% of GDP)
124.097771689277
2008 · World Bank
New business density (new registrations per 1,000 people ages 15-64)
9.83355736193315
2022 · World Bank
New businesses registered (number)
60852
2022 · World Bank
Average time to clear exports through customs (days)
3.466163874
2024 · World Bank
Average time to clear imports through customs (days)
5.539007187
2024 · World Bank
Time to obtain an electrical connection (days)
37.00794983
2024 · World Bank
Firms experiencing electrical outages (% of firms)
31.43341064
2024 · World Bank
Firms using banks to finance working capital (% of firms)
29.04406548
2024 · World Bank
Firms using banks to finance investment (% of firms)
29.90517044
2024 · World Bank
Bribery incidence (% of firms experiencing at least one bribe payment request)
5.823771477
2024 · World Bank
Firms competing against unregistered firms (% of firms)
17.39953613
2024 · World Bank
Informal payments to public officials (% of firms)
5.354949951
2024 · World Bank
Time required to obtain an operating license (days)
9.657325745
2024 · World Bank
Firms with female top manager (% of firms)
21.89378548
2024 · World Bank
Firms with female participation in ownership (% of firms)
37.06303406
2024 · World Bank
Firms formally registered when operations started (% of firms)
89.90524292
2024 · World Bank
Sources: World Bank
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