2013

Biannual Survey of Suppliers of Business Financing, first half 2013

Data analysis of the results, along with the data tables of the Biannual Survey of Suppliers of Business Financing, first half 2013.

Cover of the SME Profile: Interprovincial Trade
SME Profile: Interprovincial Trade

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.

Cover of the Financing Statistics - November 2013 publication
Financing Statistics, Special Edition: Key Small Business Statistics—November 2013

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.

Cover of the Credit Condition Trends report
Credit Condition Trends 2009–2012

This analysis provides information on changes in lending conditions and is useful for better understanding credit-market trends.

Cover of the Credit Condition Survey - 2012 report
Credit Conditions Survey - 2012

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.

Cover of the Venture Capital Monitor - Q2 2013 issue
Venture Capital Monitor - Q2 2013

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.

Cover of the Canadian Provinces - September 2013 publication
The Canadian Provinces, Special Edition: Key Small Business Statistics—September 2013

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.

Cover of the Key Small Business Statistics - August 2013 publication
Key Small Business Statistics — August 2013

This nineteenth edition updates data found in previous editions and has two new sections.

Cover of the Venture Capital Monitor - Q1 2013 issue
Venture Capital Monitor - Q1 2013

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.

Cover of the Small Business Access to Financing report
Small Business Access to Financing: Request and Approval Rates, Interest Rates and Collateral Requirements (2000–10)

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.

Biannual Survey of Suppliers of Business Financing, second half 2012

Data analysis of the results, along with the data tables of the Biannual Survey of Suppliers of Business Financing, second half 2012.

Cover of the Venture Capital Monitor - Q4 2012 issue
Venture Capital Monitor - Q4 2012

This year-end issue of the Venture Capital Monitor covers venture capital (VC) activity from January 2012 to December 2012.

Cover of the Small and Medium-Sized Entreprises Growth Study: Actual vs. Sustainable Growth report
Small and Medium-Sized Entreprises Growth Study: Actual vs. Sustainable Growth

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.

Biannual Survey of Suppliers of Business Financing, first half 2012

Data analysis of the results, along with the data tables of the Biannual Survey of Suppliers of Business Financing, first half 2012.

Survey on Financing and Growth of Small and Medium Enterprises, 2011

Summary of the results, along with the complete data tables of the Survey on Financing and Growth of Small and Medium Enterprises, 2011.

Cover of the Venture Capital Monitor - Q3 2012 issue
Venture Capital Monitor - Q3 2012

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.

Cover of the Credit Conditions Faced by SMEs Investing in Research and Development report
Credit Conditions Faced by Small and Medium-Sized Enterprises Investing in Research and Development

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

In 2022, there are 1.22 million SMEs in Canada that have employees.
Source: Key Small Business Statistics

97.8% of businesses in Canada have fewer than 100 employees.
Source: Key Small Business Statistics

Between 2016 and 2020, on average, 101,921 businesses were created every year and 96,548  disappeared.
Source: Key Small Business Statistics

In 2022, private sector SMEs employ around 8 million people in Canada.
Source: Key Small Business Statistics

22% of SMEs operate in goods-producing industries and 78% of SMEs operate in service industries.
Source: Key Small Business Statistics

SMEs were responsible for $293 billion (40.8%) of Canada's total value of goods exports in 2022.
Source: Key Small Business Statistics

2.6% of firms with 10 employees or more were high-growth firms in 2020.
Source: Key Small Business Statistics

SMEs contributed 49% of Canada's GDP in 2020.
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