SME Research and Statistics
Latest report releases
- Canada Small Business Financing Program: Cost-Benefit Analysis – May 2019
- Venture Capital Catalyst Initiative: Performance Measurement Framework
- Canadian High-Growth SMEs and their Propensity to Invest in R&D and Export (March 2019)
- Venture Capital Action Plan Performance Metrics
- SME Profile: Canadian Start-Ups — A perspective based upon the 2014 Survey on Financing and Growth of Small and Medium Enterprises (September 2018)
- Canadian New Firms: Birth and Survival Rates over the Period 2002–2014 (May 2018)
- Incrementality Study of the Canada Small Business Financing Program(March 2018)
- The Contribution to Canadian Net Employment Change by High-Growth Firms (December 2017)
- Comparing Measures of High-Growth Enterprises: A Canadian Case Study (February 2017)
- A Comparison of the Performance of Female-Owned and Male-Owned Small and Medium-Sized Enterprises (November 2016)
- SME Profile: Co-operatives in Canada
SME in Canada
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Definition
Small: 1-99 employees;
Medium: 100‑499 employees;
Large: 500 employees and more; -
Number of businesses with employees in 2017
Small: 1,152,769 (97.9%)
Medium: 21,926 (1.9%)
Large: 2,939 (0.2%)
Total: 1,177,634
Source: Statistics Canada, Business Register, December 2017 -
Number of private sector employees in 2017
Small: 8,295,800 (69.7%)
Medium: 2,371,400 (19.9%)
Large: 1,228,300 (10.3%)
Total: 11,895,500
Sources: Statistics Canada, Labour Force Survey (LFS); and calculations by Innovation, Science and Economic Development Canada -
Debt financing requests by SMEs in 2017
Request rate: 25.6%
Approval rate: 86.6%
Source:Survey on Financing and Growth of SMEs, 2017 -
Contribution to gross domestic product (GDP)
Between 2010 and 2014, small businesses accounted for 38.4% of GDP, while medium-sized businesses accounted for 11.8%.
Source: KSBS 2019
Latest releases or updates
Key Small Business Statistics
Special Edition
Determinants of Entrepreneurship in Canada: State of Knowledge Updated:
Contents
Released:
Section 1
Released:
Section 2
Released:
Section 3
Released:
Biannual Survey of Suppliers of Business Financing
Survey on Financing and Growth of Small and Medium Enterprises
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