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Thu, 03 May 2012 12:38:09 GMT | By By Jason Buckland, MSN Money
The world's best countries for entrepreneurs

6. Canada (tie)



Canada is home to many major consumer brands from Tim Hortons to Flickr. (© Boris Minkevich / Winnipeg Free Press / The Canadian Press)
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  • The failing of small businesses contribute to the erosion of the middle class.
  • Ryanair CEO Michael O'Leary grew his company without leaving Dublin. (© London News Pictures / Rex Features)
  • News Corp. boss Rupert Murdoch started his business in Adelaide, Australia. (© Matt Dunham / The Associated Press)
  • JYSK is a Danish retai chain that sells mattresses, furniture and decor. (© Andrew Tolson / Macean's Magazine / The Canadian Press)
  • Many biig name companies, like Hyundai, got their start in South Korea. (© Frank Augstein / The Associated Press)
  • Canada is home to many major consumer brands from Tim Hortons to Flickr. (© Boris Minkevich / Winnipeg Free Press / The Canadian Press)
  • Slovenia.
  • Armani is just one of many luxury companies started in Italy.
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Barrier to entrepreneurship index: 1.14

In Canada, there is much hand-wringing over corporate tax rates, which -- if you believe some pundits -- scare off business here before it can begin. Still, outside of perhaps our neighbours to the south, you'd be hard-pressed to compile a list of more prominent companies born to a nation than in Canada, which is home to leaders in every sector of business. Major consumer brands like Tim Hortons and BlackBerry, of course, came from Canada, but so too do lesser-known powerhouses like Barrick Gold, the world's largest miner of gold, and Flickr, the web's most prominent photo sharing site.

* Video: Meet one of Canada's hottest young entrepreneurs

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