2018

Cover of the report: SME Profile: Canadian Start-Ups — A perspective based upon the 2014 Survey on Financing and Growth of Small and Medium Enterprises (September 2018)
Canadian Start-Ups — A perspective based upon the 2014 Survey on Financing and Growth of Small and Medium Enterprises (September 2018)
2018-09-26

The report profiles Canadian start-ups by examining owner characteristics, access to financing, exporting, innovation and sales growth. It also compares the distinguishing features between start-ups and non-start-ups. The quantitative analysis is based upon the Statistics Canada's 2014 Survey on Financing and Growth of Small and Medium Enterprises.

Cover of the report: Biannual Survey of Suppliers of Business Financing—Data analysis, first half 2017 (July 2018)
Biannual Survey of Suppliers of Business Financing—Data analysis, first half 2017 (July 2018)
2018-07-16

This document presents data on business lending activities gathered from the Statistics Canada Biannual Survey of Suppliers of Business Financing, the Bank of Canada Senior Loan Officer Survey and Business Outlook Survey, and the PayNet Canadian Business Lending Index.

Cover of the report: Canadian New Firms: Birth and Survival Rates over the Period 2002–2014 (May 2018)
Canadian New Firms: Birth and Survival Rates over the Period 2002–2014 (May 2018)
2018-06-01

This report studies the characteristics and performance of newly established Canadian firms – including new firms birth rates, survival rates and employment levels – at their year of entry into the Canadian economy and for up to ten subsequent years. The study was based on 13 cohorts of new firms – one cohort for each year between 2002 and 2014.

Cover of the report: Co-operatives in Canada - 2013
Co-operatives in Canada – 2013
2018-04-06

This report is an annual publication that provides baseline data on the co-operative sector in Canada. The Government of Canada has been collecting and publishing this data since the 1930s. The 2013 publication is the 80th edition and has been prepared by Innovation, Science and Economic Development Canada's Co-operatives Policy Unit. You can find the prior years' reports at https://www.ic.gc.ca/eic/site/693.nsf/eng/h_00037.html

Incrementality Study of the Canada Small Business Financing Program, March 2018
Incrementality Study of the Canada Small Business Financing Program (March 2018)

The purpose of this report is to present the estimated level of incrementality of the Canada Small Business Financing Program using data from the Survey on Financing and Growth of Small and Medium enterprises, 2014.

Fast facts

There are 1.2 million SMEs in Canada that have employees.

Source: Key Small Business Statistics

98 percent of businesses in Canada have fewer than 100 employees.

Source: Key Small Business Statistics

Over 78,000 new SMEs were created in Canada in 2013.

Source: Key Small Business Statistics

Over 10 million people in Canada work for a SMEs.

Source: Key Small Business Statistics

22 percent of SMEs operate in goods-producing industries. 78 percent of SMEs operate in service industries.

Source: Key Small Business Statistics

11.8 percent of SMEs exported goods and services in 2014

Source: Key Small Business Statistics

SMEs were responsible for $106 billion (25 percent) of Canada's total value, of exports in 2013.

Source: Key Small Business Statistics

Export intensity (percentage of revenues derived from exporting) falls as firms get larger.

Source: Canadian Small Business Exporters, Special Edition: Key Small Business Statistics

SMEs contribute 39 percent to Canada's GDP in 2008.

Source: Statistics Canada

Since 2011, more SMEs are died than born every year.

Source: Statistics Canada, Entrepreneurship Indicators Database.

The likelihood of exporting increases with business size.

Source: 2014 Survey on Financing and Growth of Small and Medium Enterprises

48 percent of all SME owners are between 50 and 64 years old.

Source: 2014 Survey on Financing and Growth of Small and Medium Enterprises

15.7 percent of SMEs were majority-female owned in 2014.

Source: 2014 Survey on Financing and Growth of Small and Medium Enterprises

24 percent of SME owners have a bachelor's degree and 14 percent have a master's or above.

Source: 2014 Survey on Financing and Growth of Small and Medium Enterprises

42 percent of SMEs innovated between 2012 and 2014.

Source: 2014 Survey on Financing and Growth of Small and Medium Enterprises

21 percent of SMEs held some type of intellectual property in 2014.

Source: 2014 Survey on Financing and Growth of Small and Medium Enterprises

Only 51 percent of SMEs requested external financing in 2014.

Source: 2014 Survey on Financing and Growth of Small and Medium Enterprises

About 86 percent of the amount of debt financing requested by SMEs was authorized.

Source: 2014 Survey on Financing and Growth of Small and Medium Enterprises

26 percent of SMEs imported goods or services in 2011.

Source: 2011 Survey on Financing and Growth of Small and Medium Enterprises

3.2 percent of SMEs outsourced business activities from outside of Canada.

Source: 2011 Survey on Financing and Growth of Small and Medium Enterprises

3 hours per month is the average time spent by an SME complying with government regulations.

Source: SME Regulatory Compliance Cost Report–September 2013

The cost of regulatory compliance fell from 0.81 percent of SME GDP in 2005 to 0.75 percent in 2011.

Source: SME Regulatory Compliance Cost Report–September 2013

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