Entrepreneurship is essential for economic growth, innovation and job creation. In Canada, most private sector employment is in small and medium-sized enterprises, and many Canadians are self-employed. This study, based on a multi-year survey conducted by the Environics Institute in partnership with the Diversity Institute and Future Skills Centre, uses data from almost 6,000 respondents. It provides insights into Canada’s entrepreneurial landscape, highlighting regional and demographic differences, and motivations for self-employment.
The report found that immigrant and Indigenous entrepreneurs face significant barriers to success despite their drive and high entrepreneurial intentions. Customized support—including addressing language difficulties, limited social networks and access to funding—can help unlock these entrepreneurs’ potential.