The Contribution to Canadian Net Employment Change by High-Growth Firms, December 2017
Small Business, Tourism and Marketplace Services
The study explores the contribution that high-Growth firms (HGFs) made to net employment change in Canada over the 2009-2012 period by firm age, size, and sector. The US Bureau of Labor Statistics (BLS) definition of HGFs was applied to data from Statistics Canada. Adopting the BLS definition makes findings more meaningful as it covers all firm sizes with 1 employee or more. In comparison, the widely used standard definition for HGFs, developed by the Organisation for Economic Co-Operation and Development (OECD), excludes firms with less than 10 employees. Using the OECD's definition for Canada would have excluded about 88 percent of firms with at least one employee.
Catalogue Number: Iu188-129/2017E-PDF
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