| By: James Gwartney, Robert A. Lawson, Ryan Murphy, Matthew D. Mitchell, Kevin Grier, Robin Grier and Daniel J. Mitchell
This year’s Economic Freedom of the World finds that most countries curtailed economic freedom in the wake of the COVID-19 pandemic—and Canada is no exception.
Economic Freedom: What Is It? How Is It Measured? And How Does It Affect Our Lives? finds that higher levels of economic freedom lead to much higher incomes and much better health.
| By: Ian Vásquez, Fred McMahon, Ryan Murphy and Guillermina Sutter Schneider
According to this year’s Human Freedom Index, Hong Kong—which in 2010 was the third-freest jurisdiction on earth—now ranks 46th as a result of mainland China’s increasing restrictions on liberties in the territory. China is among the least-free, ranking 149th out of 165 jurisdictions this year.
| By: Dean Stansel, José Torra, Fred McMahon and Ángel Carrión-Tavárez
Economic Freedom of North America is an annual report which measures government spending, taxation and labour market restrictions across 50 U.S. states, 32 Mexican states, 10 Canadian provinces, and the US territory of Puerto Rico, and found that this year, for the first time, every Canadian province ranks in the bottom half of jurisdictions, with Alberta (the highest-ranking province) only being tied for 31st place out of 93 in the all-government index.
