2010

Cover of The Teaching and Practice of Entrepreneurship within Canadian Higher Education Institutions
The Teaching and Practice of Entrepreneurship within Canadian Higher Education Institutions

This report investigates how entrepreneurship is supported and delivered within Canadian Higher Education Institutions. Overall, the survey revealed that Canadian higher education institutions are active in offering entrepreneurship education as well as in providing a network of practitioners to support students interested in entrepreneurship.

Cover of the Venture Capital Monitor - Q3 2010 issue
Archived - Venture Capital Monitor - Q3 2010

This issue discusses venture capital (VC) investment and fundraising activity in Canada during the third quarter of 2010, covering July through September 2010.

Cover of the Financing Profile: Women Entrepreneurs - October 2010
Financing Profile: Women Entrepreneurs (October 2010)

An update of the November 2004 profile on women entrepreneurs, this profile describes the recent financing activities of small and medium-sized enterprises (SMEs) majority-owned by women in Canada. General business characteristics and financial growth performances are compared with SMEs majority-owned by men to highlight past and current gender differences.

Cover of the Venture Capital Monitor - Q2 2010 issue
Archived - Venture Capital Monitor - Q2 2010

This issue covers venture capital (VC) investment and fundraising activity in Canada during the second quarter of 2010 – during the period from April to June.

Cover of the An Interpretation of Discouraged Borrowers Based on Relationship Lending report
An Interpretation of Discouraged Borrowers Based on Relationship Lending

This paper investigates the determinants of discouragement for Canadian small and medium-sized enterprises (SMEs), regarding financing sought.

Cover of the Key Small Business Statistics - July 2010 publication
Archived – Key Small Business Statistics - July 2010

The July 2010 issue updates several sections, including data on the number of businesses in Canada, job creation, earnings by business size, the number of self-employed workers and the contribution of small businesses to Canada's gross domestic product.

Cover of the The Economic Impact of the Canada Small Business Financing Program report
The Economic Impact of the Canada Small Business Financing Program

This paper investigates the economic impact of the Canada Small Business Financing Program (CSBFP) by using the 2004 edition of the Survey on Financing of Small and Medium Enterprises. Based on this analysis, the CSBFP contributed to approximately 10 percentage point growth in salary, employment and revenues of its participants between 2004 and 2006.

Cover of the Venture Capital Monitor - Q1 2010 issue
Archived - Venture Capital Monitor - Q1 2010

This issue discusses venture capital (VC) investment and fundraising activity in Canada during the first quarter of 2010. It also describes recent federal and provincial government measures that support VC. Finally, it includes an article on the many entrepreneurship boot camps in Canada that help develop innovative start-ups.

Cover of the State of Entrepreneurship in Canada report
The State of Entrepreneurship in Canada

This report charts entrepreneurial activity in Canada over time and compares it with leading countries. Entrepreneurial performance indicators observed include: birth and death rates, survival rates, high-growth firms and gazelles, and research and development expenditures.

Cover of the Growth Map Canadian Firms publication
Growth Map of Canadian Firms
Special edition of Key Small Business Statistics

The publication examines the distribution of all Canadian firms according to their growth rate (positive or negative) in terms of employment and revenue. An analysis by firm size and industry, as well as employment created and revenue generated by firms is also included.

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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