1‒4 Person Businesses Make up 55.3% of Canadian Businesses.

According to the 2021 Business Statistics Report by the Government of Canada, out of the 1.22 Million Canadian businesses, over 55% are 1-4 person businesses.

Over half a million of 1-4 person businesses in Canada are in service industry.
The report further reveals that over 527,000 businesses that are 1-4 employee are in service industry and about 150,000 are in goods producing sectors.

About 80% of Canadian Businesses are in Service Industry​
78.9% of businesses in Canada are service-based businesses only 21.1% are in goods producing businesses.

Only 0.2% of businesses in Canada are large and about 1.9% are medium-sized
​Out of the 1.22 million Canadian businesses about 98% are small businesses. 55% of them are micro-enterprises 1-4 person businesses, and 18% are 5-9 employee businesses.

More than half of Canadian Small Businesses are in Ontario and Quebec
​There are about 440,000 small businesses in Ontario and over 250,000 in Quebec.

Key Takeaway
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Running a successful business with a smaller team as small as 1-4 person is the best opportunity for most entrepreneurs in Canada. About 2/3 or 62.5% of micro 1-4 person businesses in Canada remain active and grow beyond their first five years.