Good Reasons to Invest in Canada

Good Reasons to Invest in Canada

A good reason to invest in Canada is that it remains one of the most stable big-market profit plays in the world. Some investors refer to it as the "world's safest economy", because any worries about political stability are basically groundless. With an upcoming election in May, opinion polls show a result almost identical to that of the previous election in 2008.

Also, even a left-center coalition government would only make modest changes to Canada's stable economy. Canadian GDP is forecast to grow 2.6 – 2.8% in 2012, which is slightly below the growth rate forecast for the US. But it is conceivable that Canadian GDP could continue to run well north of 3%, as it has been over the last year. Canada has a moderate inflation rate, similar to the US, yet it's budget deficit is only 2.1% of DGP, which is much better than its neighbor to the south at 9.8%.

Photo source epSos.de

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