世界发展银行-Economy-Profile-of-Canada_66页_1mb

Canada Economy Profile - Doing Business Report Summary

Core Content Overview

This document provides an overview of Canada's business environment as measured by the World Bank's Doing Business report, which evaluates various aspects of business regulations and their implementation across 190 economies. The focus is on key indicators that reflect the ease of doing business in Canada, including Starting a Business, Dealing with Construction Permits, Getting Electricity, Registering Property, Getting Credit, Protecting Minority Investors, Paying Taxes, Trading across Borders, Enforcing Contracts, and Resolving Insolvency.

Key Indicators and Their Performance

1. Starting a Business

• Rank: 3
• Score: 98.2
• Procedures: 2
• Time: 1.5 days
• Cost: 0.3% of income per capita
• Paid-in Minimum Capital: 0.0% of income per capita

The process is highly efficient and requires minimal paperwork and cost. The procedures are mostly completed online, and the time is significantly reduced due to the digital infrastructure. There is no minimum paid-in capital required, and the process is gender-neutral.

2. Dealing with Construction Permits

• Rank: 64
• Score: 73.0
• Procedures: 12
• Time: 249 days
• Cost: 1.8% of warehouse value
• Building Quality Control Index: 14.0 (out of 15)

The process involves a number of administrative steps, including project reviews, obtaining a zoning certificate, site plan approval, and a building permit. While the time and cost are relatively high compared to some other economies, the quality control mechanisms are robust.

3. Getting Electricity

• Rank: 124
• Score: 63.8
• Procedures: 7
• Time: 137 days
• Cost: 116.9% of income per capita
• Reliability of Supply and Transparency of Tariff Index: 6 (out of 8)

The process for connecting to the electrical grid is moderately efficient, but the cost is high. The reliability of electricity supply and tariff transparency are average, indicating potential areas for improvement.

4. Registering Property

• Rank: 36
• Score: 77.8
• Procedures: 5
• Time: 4 days
• Cost: 3.8% of property value
• Quality of Land Administration Index: 21.5 (out of 30)

Property registration is relatively efficient, with a short time and moderate cost. The land administration system is considered of good quality, which supports a stable and predictable environment for property transactions.

5. Getting Credit

• Rank: 15
• Score: 85.0
• Strength of Legal Rights Index: 9 (out of 12)
• Credit Registry Coverage: 0.0%
• Credit Bureau Coverage: 100.0%

Canada has a strong legal framework for credit, with high coverage of credit bureaus. However, the credit registry is not widely used, which may affect the availability of credit information for lenders.

6. Protecting Minority Investors

• Rank: 7
• Score: 84.0
• Extent of Disclosure Index: 8.0 (out of 10)
• Extent of Director Liability Index: 9.0 (out of 10)
• Ease of Shareholder Suits Index: 9.0 (out of 10)
• Extent of Shareholder Rights Index: 4.0 (out of 6)
• Extent of Ownership and Control Index: 6.0 (out of 7)
• Extent of Corporate Transparency Index: 6.0 (out of 7)

Canada scores highly in protecting minority investors, particularly in terms of disclosure and director liability. However, there is room for improvement in shareholder rights and corporate transparency.

7. Paying Taxes

• Rank: 19
• Score: 88.1
• Number of Payments per Year: 8
• Time (hours per year): 131
• Total Tax and Contribution Rate: 24.5% of profit
• Postfiling Index: 73.2 (out of 100)

Tax compliance is relatively straightforward, with a moderate number of payments and a reasonable amount of time required. The total tax burden is not excessively high, and postfiling processes are generally efficient.

8. Trading across Borders

• Rank: 51
• Score: 88.4
• Time to Export: 3 days
• Time to Import: 2 days
• Cost to Export: USD 156 (documentary compliance) + USD 167 (border compliance)
• Cost to Import: USD 163 (documentary compliance) + USD 172 (border compliance)

Canada has a favorable environment for cross-border trade, with a short time and moderate cost for both exporting and importing. The process is efficient and transparent.

9. Enforcing Contracts

• Rank: 100
• Score: 57.1
• Time: 910 days
• Cost: 22.3% of claim value
• Quality of Judicial Processes Index: 11.0 (out of 18)

Contract enforcement in Canada is considered one of the most challenging processes, with a long time and high cost. The judicial system is functional but could be more efficient.

10. Resolving Insolvency

• Rank: 13
• Score: 81.0
• Recovery Rate: 86.7 cents on the dollar
• Time: 0.8 years
• Cost: 7.0% of estate
• Outcome Index: 1 (out of 1)
• Strength of Insolvency Framework Index: 11.0 (out of 16)

Canada has a strong and efficient insolvency framework, with a high recovery rate and low cost. The process is relatively quick and effective.

Main Points and Key Information

• Doing Business is a global initiative that provides objective measures of business regulations across 190 economies and selected cities.
• The report includes 11 indicators, with each measuring the procedures, time, and cost for different business-related activities.
• Canada performs well in several areas, such as Starting a Business, Registering Property, and Getting Credit, but faces challenges in Enforcing Contracts and Trading across Borders.
• The data is based on standardized assumptions and scenarios to ensure comparability across economies.
• The report encourages regulatory reforms and serves as a benchmark for improving the business environment.
• It also includes subnational studies, allowing cities and regions to compare their regulatory performance and identify areas for improvement.