Recently we saw that Canada's real estate industry was rated the most transparent in the world. Now our banking industry has earned similar praise. A World Economic Forum Survey now ranks Canada the top country for 'Soundness of Banks' out of 134 countries. Canadian banks were considered 'generally healthy with sound balance sheets'. Canada also ranked number 6 for 'Financial market sophistication' and number 5 for 'Strength of investor protection'
- I found out about this story on 'Deal Junkie'
- Read more about it at 'Reuters'
- See the full report here (on the left select 2.3 Data tables and pick VIII: Financial market sophistication)
In these interesting times, you should invest your money in Canada. We may be a bit less interesting, but we'll take good care of you!
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