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In this study released on March 27/08, Canada statistically ranks 2nd overall and first among G7 countries for affordable business costs, with a nominal 0.6 percent cost advantage over the United States.

"What stands out in the 2008 survey is how strong Canada ranks globally in terms of the non-cost factors that were considered." said Glen Mair, one of the study's authors.

• Globally, Canada achieves top ranking in terms of educational outcomes and ranks second for educational attainment and expenditures.
• Canada is one of the top rated countries in terms of ethical business practices, ranking second for perceived low levels of corruption(2), while the US ranks eighth and Mexico last.

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