Data analysis of the results, along with the data tables of the Biannual Survey of Suppliers of Business Financing, first half 2013.
This profile investigates the small and medium-sized enterprises (SMEs) that sell their goods and/or services to other provinces (internal traders) and examines their distinguishing characteristics compared with SMEs that do not sell to other provinces.
This special edition presents various statistics on the financing of Canadian small and medium-sized enterprises including credit request and approval rates, average value of loan requests and intended use of financing.
This analysis provides information on changes in lending conditions and is useful for better understanding credit-market trends.
The Credit Conditions Survey was conducted between January and March 2013. The questions were fact-based and focused on financing sought by small enterprises (1 to 99 employees) during the 2012 calendar year.
This issue covers venture capital (VC) investment and fundraising activity in Canada during the second quarter of 2013. It also describes recent government activity in the VC market.
This special edition provides readers with a picture of small and medium-sized enterprises (SMEs) in Canadian provinces with a focus on the diversity within the country's borders.
This nineteenth edition updates data found in previous editions and has two new sections.
This issue covers venture capital (VC) investment and fundraising activity in Canada during the first quarter of 2013. It also describes recent government activity in the VC market.
This report compiles and analyses the results of the Survey on Financing of Small and Medium Enterprises and the Credit Conditions Survey to showcase information on small business financing activities between 2000 and 2010.
Data analysis of the results, along with the data tables of the Biannual Survey of Suppliers of Business Financing, second half 2012.
This year-end issue of the Venture Capital Monitor covers venture capital (VC) activity from January 2012 to December 2012.
This report seeks to identify any misalignment between SME actual growth rates and SME sustainable growth rates. Using the "Higgins Sustainable Growth Model," the analysis reveals that, over the 2000–10 period, Canadian SMEs had the financial infrastructure in place and normal earnings capacity to support a rate of growth in sales of approximately 7.3 percent per year without the need to raise additional financing.
Data analysis of the results, along with the data tables of the Biannual Survey of Suppliers of Business Financing, first half 2012.
Summary of the results, along with the complete data tables of the Survey on Financing and Growth of Small and Medium Enterprises, 2011.
This issue covers venture capital (VC) investment and fundraising activity in Canada during the third quarter of 2012. It also describes recent Government of Canada activity in the VC market.
This report ascertain general characteristics of Research and Development-intensive firms and assess their access to financing. It provides some evidence that Research and Development-intensive firms have less access to financing than other firms.
Fast facts
There are 1.21 million SMEs in Canada that have employees.
Source: Key Small Business Statistics
98% of businesses in Canada have fewer than 100 employees.
Source: Key Small Business Statistics
Between 2015 and 2019, on average, 101,324 businesses were created every year and 90,151 disappeared.
Source: Key Small Business Statistics
Private sector SMEs employ over 10 million people in Canada.
Source: Key Small Business Statistics
21% of SMEs operate in goods-producing industries and 79% of SMEs operate in service industries.
Source: Key Small Business Statistics
SMEs were responsible for $246 billion (43%) of Canada's total value of goods exports in 2021.
Source: Key Small Business Statistics
3.4% of firms with 10 employees or more were high-growth firms in 2019.
Source: Key Small Business Statistics
SMEs contributed 50% of Canada's GDP in 2019.
Source: Key Small Business Statistics
12.1% of SMEs exported goods and services in 2020.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises
The likelihood of exporting increases with business size.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises
The primary decision maker of 47% of SMEs is between 50 and 64 years old.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises
16.8% of SMEs were majority-women owned in 2020.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises
25% of SMEs are operated by individuals with a bachelor's degree, while 15% are operated by individuals with a master's degree or above.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises
28% of SMEs innovated between 2018 and 2020.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises
16% of SMEs held intellectual property in 2020.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises
82% of SMEs requested external financing in 2020.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises
92% of the amount of debt financing requested by SMEs was authorized.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises
2% of SMEs imported services from outside Canada.
Source: 2020 Survey on Financing and Growth of Small and Medium Enterprises