Login or signup
36

The Maple-Leaf Rag

Book recommendation: 'The State of Small Business and Entrepreneurship in Atlantic Canada'.
Advertisement

If you're one of those die-hard skeptics about small-business job generation, check out a new report from the Atlantic Canada Opportunities Agency. Titled The State of Small Business and Entrepreneurship in Atlantic Canada. It is one of the most cogent pieces of small-business economic research I've seen in a while, and it provides a tantalizing glimpse of the dynamics of our neighbor to the north and its individual provinces, with special emphasis on Atlantic Canada. Among the findings: Large companies employ almost half of the work force but create less than one in every 10 new jobs. Small companies -- that is, those with fewer than 100 workers -- employ a little more than a third of the work force but are responsible for 81% of all the new jobs.

Those results are completely consistent with the ones David Birch has been reporting in the United States for more than 12 years. Aside from buttressing Birch, the numbers challenge the prevailing view in this country of a Canadian economy that relies too much on large companies excessively dependent on natural resources.

* * *
Last updated: Feb 1, 1992




Register on Inc.com today to get full access to:
All articles  |  Magazine archives | Comment and share features
EMAIL
PASSWORD
EMAIL
FIRST NAME
LAST NAME
EMAIL
PASSWORD

Or sign up using: