Here'a a quick list of interesting tidbits about small business in Canada.
1. Per population, Alberta has the highest number of small businesses
2. Only 14% of small businesses are owned by females
3. Small business accounts for about 40% of Canada's GDP
4. Nearly half of Canada’s work force is employed by small business
5. 75% of Canadian businesses have less than 5 employees
6. From 2002 to 2012, small business created 80% of all private jobs
7. Approximately 50% of small businesses will not survive their first 5 years
8. Most Canadian small businesses start with less than $5,000
9. 50 hours is the average work week for a small business owner in Canada. In contrast, employees average 37 hours.
10. In 2013, Canada ranked second in the world for starting a business
Did you know small business owners can deduct 100% of their personal medical expenses by using a Health Spending Account?