Nearest broker: Searching for a broker nearby…
Nearest broker: Sudbury Phone: (705) 523-2030 Penetanguishene Phone: (705) 549-7437 Ottawa Phone: (613) 733-3312 Parry Sound Phone: (705) 746-2441 Orillia Phone: (705) 325-4234 Kemptville Phone: (613) 258-5991 Eganville Phone: (800) 884-1045 Petawawa Phone: (613) 687-4805 Belleville Phone: (800) 361-0941 Winchester Phone: (800) 487-3706 Wellington Phone: (613) 399-3620 Trenton Phone: (877) 455-0299 Prescott Phone: (877) 504-3569 Picton Phone: (888) 475-2776 Peterborough Phone: (800) 958 2270 Perth Phone: (877) 248-1222 Pembroke Phone: (877) 399-3299 Oshawa Phone: (800) 887-7309 North Bay Phone: (705) 475-0001 Napanee Phone: (613) 354-2152 Morrisburg Phone: (800) 806-0746 Midland Phone: (888) 737-6465 Madoc Phone: (613) 473-5266 Kingston Phone: (800) 590-5422 Gananoque Phone: (800) 932-2131 Embrun Phone: (866) 853-4740 Crysler Phone: (888) 292-7098 Courtice Phone: (888) 761-0443 Cornwall Phone: (844) 463-3616 Cobourg Phone: (800) 895-5902 Carleton Place Phone: (888) 237-9517 Brockville Phone: (888) 345-8663 Brighton Phone: (613) 475-1430 Barry’s Bay Phone: (866) 845-2123 Barrie Phone: (705) 726-3350 Bancroft Phone: (800) 994-0036 Arnprior Phone: (800) 668-7337
Get a Quote
Open Menu

Canada Ranks 6th in the World!!

Every year countries around the world announce their Gross Domestic Product (GDP), the traditional measure used by economists to determine progress. Increase in GDP is a good thing – but it isn’t the whole story. Economic prosperity and strength does not necessarily make for a healthy society. That is, good GDP numbers do not necessarily translate into a good society with opportunities for the population as a whole.

A new index, the Social Progress Index, created by Harvard economics professor Michael Porter, provides more information along with the GDP numbers to complete the story. It tracks 52 indicators including everything from gender equality, availability of education, crime rates, and literacy rates and so on.

These index results provide the big picture – are people’s lives improving from year to year? There is more interest around “inclusive growth and shared prosperity” than simple GDP numbers. Countries with similar GDP numbers can have very different levels of social progress.

The good news here – Canada shines! Ranking as the sixth most socially advanced country in the world, we excel in areas such as ‘political rights, freedom of assembly and tolerance for immigrants and religious minorities.’ Canada’s women spend on average more years in school than those in other countries, we have good universities and low rates of violent crimes.

Canada ‘has a particular strength in opportunity.’ And it is opportunity that plays a key role in your satisfaction with your life on the whole. Opportunity really reflects what matters and can be the defining difference which makes for a good society.

2015 Social progress index

SPI rank SPI score Country
1 88.36 Norway
2 88.06 Sweden
3 87.97 Switzerland
4 87.62 Iceland
5 87.08 New Zealand
6 86.89 Canada
7 86.75 Finland
8 86.63 Denmark
9 86.5 Netherlands
10 86.42 Australia

 

Source: The Globe and Mail

No comments found.
Anonymous User

Leave a Reply

Your email address will not be published. Required fields are marked *

You Might Want to Read

Meet the Dougallers: Rebecca Slaughter
Meet the Dougallers is back with Rebecca Slaughter who is part of our new office in Petawawa! We sat her down to find out a...
Welcome Burr Insurance to the Team!
Burr, is it cold in here? Not anymore, we are heating things up with the addition of Burr Insurance to the McDougall Insurance team! Burr...
McDougall Family Fund 2021!
Our McDougall Family Fund is back! Go to our Facebook Page for full details. What is the McDougall Family Fund Contest? This is our 8th...
Request a Free Quote

It’s simple and won’t take long.

Get a Quote800-361-0941

Person standing, looking down at laptop