According to a recent KPMG study, Canada is one of the most business-friendly countries in the world. At least, when you look at the total tax cost for companies operating in some of the world's biggest economies. 

KPMG examined the tax costs of doing business in 10 major economies: Australia, Canada, France, Germany, Italy, Japan, Mexico, the Netherlands, the United Kingdom, and the United States.

Using the U.S. tax rate as a benchmark of 100, the report found that Canada has the lowest total tax costs, with costs coming in 46.4% lower than those in the U.S.