Canada ranks number 1, according to Forbes annual look at the Best Countries for Business. As the U.S is in fear of another recession, and Europe struggles with dept issues; Canada’s economy was held better than most. We have a $1.6 trillion economy, that grew by 3.1% within the last year, it is further expected to expand by 2.4% by the end of 2011. Last year we eased our way out of the recession that plagued the U.S and Europe. Our banks were actually profitable during the financial crisis that started in 2007, why? because our banks were able to avoid the bailouts.