Explore the strength and diversity of Canada’s entrepreneurial landscape.
📊 Small Businesses Dominate
98.1% of Canadian businesses are small enterprises (fewer than 100 employees).
🟦 Small Businesses: 98.1%
🟩 Medium: 1.7%
🟥 Large: 0.2%
💡 Entrepreneurial Optimism Persists
Despite economic pressures, 70% of Canadian businesses remain optimistic about the future.
Key challenges include:
💸 Higher Interest Rates – 28.5%
📈 Inflation – 44.9%
⚙️ Rising Input Costs – 37.6%
👩💼 Women-Owned Businesses Are Growing
Women now majority-own 18.4% of Canadian businesses—up from 15.6% in 2017.
This trend reflects meaningful progress in diversity and gender equity in entrepreneurship.
🌍 SMEs Power Canadian Exports
Small and medium-sized enterprises are responsible for 38.2% of all exported goods.
Top SME export destination: 🇬🇧 United Kingdom – 68.3% of exports by SMEs.
🌐 Going Digital
Over 65% of Canadian businesses have an online presence as of 2024.
This shift shows how digital strategy is essential for business resilience and growth.
🚀 Canada’s Thriving Startup Scene
- ~50,000 startups active in Canada
- Employing around 250,000 people
📍 Top Provinces for Business Density
- 🟢 Alberta: 37.6 businesses per 1,000 adults
- 🟢 British Columbia: 37.5 per 1,000
These provinces lead the way in entrepreneurship per capita.
bloomingbusinesses.ca 