According to the latest Organization for Economic Cooperation and Development (OECD) report, Canada is ranked the most attractive and sought state for entrepreneurs.
Canada is considered one of the most attractive states for immigrant startup founders and entrepreneurs compared to all other OECD countries.
There are 24 OECD countries, including the United States, France, the United Kingdom, Sweden, and Australia.
The OECD report suggests that there has been a great interest seen from these countries in attracting immigrant entrepreneurs to promote innovation, job creation, driving economies, and foreign investment.
A study from OECD tells that Canada achieved scores within the upper quartile across all dimensions defined in the framework, excluding the "skills environment." Canada boasts an encouraging regulatory environment for founding or starting new businesses.
Canada extends a wide range of immigration routes and work permits custom-made for entrepreneurs, investors, and self-employed individuals.
The ranking given to Canada highlights the state's capacity, which has cultivated a great culture of innovation and entrepreneurship and also invites start up founders in the country successfully.