As a little fish in the pond of big businesses, it's sometimes hard to recognize the impact you have on your industry and our economy. According to Statistics Canada, 2008:
• 1997-2007 - Small firms accounted for 37% of all jobs created
• 2007 - 48% of the total labor force worked for small enterprises
• 30% of all Canadians either run or work for a small business
• 2006 - Small businesses accounted for approximately 23% of Canada's GDP (almost double compared to two decades ago)
Prime Minister Stephen Harper says,
"Small businesses are, in fact, the backbone of the Canadian economy, accounting for 98% of all businesses in Canada."
Be proud to be small. Next time someone says that your business is too small; tell them that you at least have backbone.
Keep swimming Little Fish!
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