Here are a few 2009 facts on small businesses in Canada

  • Small and medium-size businesses account for over 58% of total employment
  • Of Canada’s 1.04 million businesses with employees, approximately 78% employ less than 5 people. About 97% employ fewer than 50
  • One in six Canadians, approximately 2.5 million, count themselves as self-employed
  • More than half of Canada’s self-employed operate their business from home
  • Self-employment creates 75% of all new jobs in Canada.
  • Approximately 130,000 new small businesses are created each year
  • Clearly, small business is a very important and growing sector of Canada’s overall economy.