Why is Canada a good place for venture capital?

Canadians are a humble lot (unless, of course, we’ve just won any sort of hockey event — eat it, Team USA!) so it always feels good when we can get a pat on the back.

In this case, we’re patting ourselves on the back; Canada's Venture Capital and Private Equity Association (CVCA) has released a report entitled Think canada (Again), highlighting the opportunities that abound in our country for investing in innovative companies.

Here are some highlights from the report:

• Canada is ranked as the #1 place to do business in the G7 by the Economist Intelligence Unit

• Canada leads the G7 in low business costs, especially taxes

• Canada is ranked #1 in the OECD for college completion rates and #3 for quality of management schools, giving us a highly educated work force

• Canada is #2 in the G7 in terms of incentives for R&D, plus governments at all levels have generous commercialization assistance programs

• Canada’s buyout sector has produced “stellar returns that have outperformed the US and Europe by any measure”

What nice things the CVCA has to say about us. You can read the full report here.