Fact Sheet - Economic Impact of Small Business (2011)

This fact sheet examines the impact of small businesses on the economy.

The authors note that Canadian small businesses employ almost half of the country’s workforce, proving that the success of small businesses has a profound effect on the economy.

Statistics show that Canadian firms with fewer than 50 employees accounted for 28 per cent of the country’s Gross Domestic Product (GDP) in 2009, while those with fewer than 500 employees account for about 45 per cent of the GDP.


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APA citation
Edmonton Social Planning Council. Fact Sheet - Economic Impact of Small Business 2011. Web. 16 Apr. 2021 <http://en.copian.ca/library/research/fs_small_business/fs_small_business.pdf>
Edmonton Social Planning Council (2011). Fact Sheet - Economic Impact of Small Business. Retrieved April 16, 2021, from http://en.copian.ca/library/research/fs_small_business/fs_small_business.pdf
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