Immigrant entrepreneurs are vital for Canada’s economic growth

Credit to Author: Canadian Immigrant| Date: Wed, 22 Nov 2023 14:10:43 +0000

Canada has 100,000 fewer entrepreneurs than it did 20 years ago, finds a study conducted by BDC, Canada’s Bank for entrepreneurs, in collaboration with the Université de Montréal Innovation Centre and Millénium Québecor.

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Canadian entrepreneurs prioritize operational efficiency over growth and debt repayment

Credit to Author: Canadian Immigrant| Date: Wed, 04 Jan 2023 02:41:04 +0000

Most Canadian small and mid-sized enterprises (SMEs) expect an economic downturn in the coming year and are preparing to face challenges, says BDC’s study on the 2023 outlook for Canadian entrepreneurs.

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Immigrants more likely to start a business and create jobs than those born in Canada

Credit to Author: Shelby Thevenot| Date: Fri, 08 Nov 2019 20:51:13 +0000

The entrepreneurial landscape in Canada is growing increasingly diverse thanks to immigrants, a new study by the Business Development Bank of Canada (BDC) shows. Newcomers to Canada are more likely to start a business that grows more quickly and creates more net jobs per enterprise than the Canadian-born population, according to the study. The BDC […]

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Small Business Month: Information and tips for newcomers

Credit to Author: Ramya Ramanathan| Date: Wed, 09 Oct 2019 16:14:18 +0000

October is known as Small Business Month throughout the country — a time to recognize the contributions that the Canadian small business sector makes to the economy and to their local communities. The majority of Canadian firms are, in fact, small businesses; in 2017, 1.15 million (97.9 percent) out of 1.18 total employer businesses in the […]

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