Canada fell to 18th from 9th in global ranking of economic freedom

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VANCOUVER, BC, Oct. 6, 2026 /CNW/ — Canada fell from 9th in the world (in 2023) to 18th (in 2024), according to this year’s Economic Freedom of the World report, published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. The 2026 report relies on 2024 data, which is the latest available year for which data can be compiled across 165 countries. Economic freedom—the degree to which individuals are allowed to make their own decisions about what to buy, where to work and whether to start a business—is fundamental to prosperity. Economic freedom is measured by assessing…

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