As of 2020, Canada's ease of doing business ranked 23rd worldwide, with a general score of 79.6. The highest scores were obtained in the fields of starting a business, trading across borders, and paying taxes. On the other hand, Canada did not perform particularly well in getting electricity, dealing with construction permits, and registering properties. In North America, Canada's overall performance ranked second, after the United States.

In the ease of doing business, Canada ranked 23 out of 190 countries in 2019. Economies ranking from one to 20 have simpler and more friendly regulations for businesses. In North America, Canada ranks second, after the United States, which ranked sixth in that same year.

As of 2020, doing business in North America was the easiest in the United States. The United States scored 84 points, the highest among 23 North American countries and the sixth highest in the world. Canada and Mexico followed, with 79.6 and 72.4 points. Worldwide, Canada and Mexico ranked 23rd and 60th, respectively. By contrast, Haiti and Grenada received the lowest scores in North America and some of the lowest scores among the 190 countries taken into consideration for the study.

As of 2020, Canada's ease of doing business ranked 23rd worldwide, with a general score of 79.6. One of the highest scores was obtained in relation to the ease of paying taxes. In particular, Canada received the highest score (100) in the total tax and contribution rate. On the other hand, the post-filing index was the lowest among the different fields, with 73.2 points.

Since 2003, the World Bank publishes the Ease of Doing Business (EDB) Index aimed at measuring the regulatory efficiency and institutional quality of key processes that affect the business environment in a given economy. While highly influential, particularly in the developing world, the EDB has also been faced with criticism and at times controversies. In 2020, the World Bank decided to interrupt temporarily the publication of the EDB report as a result of an audit that revealed politically motivated manipulation of EDB rankings. Over time, Canada’s relative rankings fell from 4th in 2007 to 23rd in 2020 with no significant changes in its business environments or policies. Canada’s rank fall can only be partially explained as other economies such as Georgia and Mauritius surpassed Canada with higher overall rankings. To understand the underlying causes of Canada’s rank declining, the Office of the Chief Economist (OCE) commissioned a study to look at Canada’s performance in all 10 areas of the EDB Index. The study also looked at other competitiveness and economic freedom indices (e.g. IMD World Competitiveness Index, World Economic Forum Global Competitiveness report and the Fraser Institute Index of Economic Freedom) and found no such decline in Canada`s performance.

As of 2020, the profit tax in Canada amounted to eight percent of the total profit. The highest taxation rate was for labor and contributions, which added up to 12.7 percent of the profit. Canada's ease of doing business ranked 23rd worldwide, with a general score of 79.6. One of the highest scores was obtained in the ease of paying taxes.

As of 2020, Canada's ease of doing business ranked 23rd worldwide, with a general score of 79.6. Some of the highest score was obtained in the ease of paying taxes. Annually, businesses require some 45 hours to pay federal income taxes, while pension plan contributions needed some 36 hours. The largest number of hours was spent on harmonized sales tax (VAT), with 50 hours.