2011

Cover of the Financing Profile: SMEs in Tourism Industries
Financing Profile - Small and Medium-Sized Enterprises in Tourism Industries

This profile provides a descriptive overview of SMEs in tourism industries and examines their differences compared with SMEs in non-tourism industries in terms of business and owner characteristics, access to financing, financing terms and conditions and obstacles to business growth.

Cover of the Credit Condition Survey - 2010 report
Credit Condition Survey - 2010

The Credit Conditions Survey was conducted in May and June 2011. The questions were fact-based and focused on financing sought by small enterprises (1 to 99 employees) during the 2010 calendar year.

Cover of the Venture Capital Monitor - Q2 2011 issue
Archived - Venture Capital Monitor - Q2 2011

This issue discusses venture capital (VC) investment and fundraising activity in Canada during the second quarter of 2011. It also describes recent government activity by the Business Development Bank of Canada (BDC) and provincial governments in support of VC.

Cover of the Key Small Business Statistics - July 2011 publication
Archived - Key Small Business Statistics - July 2011

The July 2011 issue updates several sections, including data on the number of businesses in Canada, job creation, firm survival, share of high-growth firms, earnings by business size, the number of self-employed workers as well as the contribution of small businesses to Canada's gross domestic product and to exports.

Cover of the Venture Capital Monitor - Q1 2011 issue
Archived - Venture Capital Monitor - Q1 2011

This issue discusses venture capital (VC) investment and fundraising activity in Canada during the first quarter of 2011. It also describes recent federal activity in support of VC.

Cover of the Canadian Small Business Exporters publication
Canadian Small Business Exporters
(Special edition of Key Small Business Statistics)

Includes key statistics on small business exports and profile of SME exporters, their financing activities and perceived obstacles to growth.

Cover of the Survey of Suppliers of Business Financing - 2009 and 2010

Survey of Suppliers of Business Financing - 2009 and 2010

As the development of a new program continues, a shorter version of the survey was administered to a smaller number of units for the collection of 2009 and 2010 data.

Cover of the Profile of Mid-Career Entrepreneurs
Profile of Mid-Career Entrepreneurs: Career trade-offs and income appropriation of high human capital individuals

This report is based on 14 case studies of individuals who have been working for large companies and who have decided to launch their own companies at midpoint in their career.

Cover of the Venture Capital Monitor - Q4 2010 issue
Archived - Venture Capital Monitor - Q4 2010

This year-end issue covers venture capital investment and fundraising activity in Canada over the whole of 2010. It also summarizes recent government initiatives related to supporting the Canadian VC industry, including the announcement of federal funding for five new Canadian Centres of Excellence for Commercialization and Research.

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

Date modified: