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The Big Impact of Small Business

Industry Canada's "Key Small Business Statistics," provides current data highlighting the significant impact of this sector on the Canadian economy. Key metrics about business startup levels, job creation and contribution to GDP are given. For example...

  • There are just over 1.08 million small businesses in Canada that have employees (excludes self-employed entrepreneurs). Ninety-eight percent of businesses in Canada have fewer than 100 employees.
  • As of 2012, small businesses employed over 7.7 million individuals in Canada, or 69.7 percent of the total private labour force.
  • Small businesses created a little over 100,000 jobs, on average, between 2002 and 2012, accounting for almost 78 percent of all private jobs created on average.

This and other infromative Industry Canada reports are listed below.

Key Small Business Statistics - Key statistics on small business topics, responding to some of the most commonly asked questions.

Key Small Business Financing Statistics - A reference document on the state of financing for Canadian small and medium-sized enterprises (SMEs).

VC Monitor -This is a quarterly publication on the venture capital (VC) industry in Canada, focusing on trends in investment activity, reports on topical VC-related research and insight on key technology clusters where VC investment is taking place.

SME Profiles - Short reference documents on specific segments of the small business marketplace. Provides detailed profiles of the financial/ownership structure and types of financing used by a segment targeted.

Small Business Quarterly - A publication that provides an overview of key small business statistics, trends and recent developments.