7 statistics about Canadian small businesses

small business statistics canada

Now that it’s a new year – and a new decade – we wanted to take stock of the state of small business in Canada. Here are seven recent statistics about Canadian small businesses.

  • Of the employer businesses in Canada, 1.18 million (97.9%) were small businesses, with 1-99 employees.
  • Ontario had the highest number of small businesses at 429,852, followed by Quebec (243,029) and British Columbia (184,075).
  • Nearly three out of four Canadian businesses have 1−9 employees.
  • The majority of private sector employees are employed by small businesses: 69.9%.
  • From 2011 to 2015, small businesses contributed 40.8% to Canada’s GDP.
  • In 2017, women-owned businesses (at least 51% of shares owned by women) made up 15.6% of Canada’s small and medium enterprises (SMEs).
  • Canada is one of five countries in which women entrepreneurs reported high levels of innovation.
Industry Canada. (November 2019). Key Small Business Statistics.
Statistics Canada. (April 2019). Key Small Business Statistics.
Global Entrepreneurship Monitor. GEM 2018 / 2019 Women’s Entrepreneurship Report.
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