Canadian's Internet Business

Canadian Statistics for Small Business Week 2013

Canada is exceptionally entrepreneurial! It’s impossible to deny that small and medium businesses (SMB) are the lifeblood of the Canadian economy. With a little push to take their business online, small businesses could easily double their impact. We’re kicking off Canada’s Small Business Week with a statistical snapshot based on data from the Business Development Bank of Canada, along with data from other sources for comparison.

Canada’s Entrepreneurs

The top five most entrepreneurial provinces in Canada are:

  1. Ontario (35%)
  2. The Prairies (21%)
  3. Quebec (21%)
  4. British Columbia (16%)
  5. Atlantic Canada (7%)

Canada’s top entrepreneurial major centres in 2013 (according to the Canadian Federation of Independent Business):

  1. Greater Calgary
  2. Saskatoon
  3. Greater Toronto
  4. Greater Edmonton
  5. Sherbrooke
  6. City of Edmonton
  7. Regina
  8. Kelowna
  9. St. John’s
  10. Saguenay

The top five industries attracting new Canadian entrepreneurs are:

  1. Construction
  2. Accommodation and Food Services
  3. Business Services
  4. Wholesale and Retail
  5. Healthcare and Social Assistance

According to a TNS Canada survey conducted for Scotia Bank this Fall, the top three reasons for starting a small business are:

  1. Jumping on an opportunity (24%)
  2. Pursuit of a lifelong dream to be their own boss (16%)
  3. Making a career/life change (15%)

The golden entrepreneurial age range is 25-40, and men are more likely than women to start a new business. British Columbians start the most new businesses. Immigrants are almost twice as likely to start a new business in Canada.

Canadian Small-Medium Business Statistics

Imagine What We Could do if We Better Utilized Technology

We are so proud to be a part of Canada’s successful entrepreneurial scene. We ask that you please support Canadian small businesses and encourage others to do the same, which will ultimately guarantee Canada’s economic success and keep its citizens employed.

How are you celebrating Small Business Week?

Sources:
Business Development Canada Infographic
Canadian Federation of Independent Business Communities in Boom 2013 Report: Canada’s Top Entrepreneurial Cities
Scotiabank – Products & Services

You may also be interested in reading:
Canadian Consumers Seeking Small Businesses Online (Statistics)
7 Ways to Reach More of the 19 Million Canadian Facebook Users
Canadian Online Shopping and Digital Demands (2013 Statistics)
Digital Platforms Support the Canadian Economy (Infographic)
Canadian Digital Behaviour for Businesses (Statistics)

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