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Dear John,
Each year, the Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 countries and territories.
It is the world’s premier measurement of economic freedom!
Between 1970 and 2017, Canada ranked in the top 10 most economically free countries in the world every year except for one.
Unfortunately, we've remained outside of the top 10 since then.
In this year’s report, Canada ranks 14th based on 2020 data (the most recent available).
This is a troubling trend, since we know that people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives.
Learn more and see where other countries ranked by checking out this year's report here.
Sincerely,
Niels Veldhuis
President
The Fraser Institute
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