Canada’s global prosperity ranking slips to lowest level in 11 years: survey
MONTREAL — Canada’s prosperity ranking has slipped in 2017 to the lowest level in 11 years, according an annual index that measures several factors including wealth and well-being.
Canada now ranks No. 8 in Legatum Institute Prosperity Index, three spots below last year and the lowest level since 2007.
That’s in part due to Canadians viewing banking services as being increasingly unaffordable and people feeling less convinced that working hard will get them ahead.
Norway leads the survey while the United States fell one spot to 18th. Yemen was last in 149th spot.