Small Businesses: The Heart of Canada’s Economic Renewal
Small Business.
Big Future
Big Future
Our Mission
We are a non-profit organization with a singular purpose: to empower Canadian small businesses to survive and thrive in a post-COVID world.
As the pandemic continues to close the doors of small businesses across Canada, the impact on our economy will be profound if we fail to act. Small businesses make up more than 97% of all Canadian companies, and they are the backbone of job creation, innovation, and opportunity in our nation. If we don’t come together now, the fabric of our economy will be forever changed.
As the pandemic continues to close the doors of small businesses across Canada, the impact on our economy will be profound if we fail to act. Small businesses make up more than 97% of all Canadian companies, and they are the backbone of job creation, innovation, and opportunity in our nation. If we don’t come together now, the fabric of our economy will be forever changed.
The Canadian Federation of Independent Business (CFIB) captured the gravity of this moment with the following statement:
- “March 2020 has turned out to be a month like no other in Canada’s economic history. Small business sentiment has never been this low in the Business Barometer’s 32-year history, including during the 2008 and 1990 recessions.”
We face an uphill battle. There’s no denying that the Canadian economy will experience a significant hit. But we will recover. How quickly we recover depends on how we unite, collaborate, and face the challenges ahead. Moving forward will require ideas, vision, time, capital, and relentless dedication. We believe, “Together, Moving Forward.”
Who we are
At CanadianSME Magazine, we were born out of a deep passion and admiration for entrepreneurs. With small businesses playing an indispensable role in Canada’s economy, we felt a responsibility to provide the support and resources needed to ensure their success.
We understand that small businesses are the engine of job creation and growth in Canada. They are not just a vital part of the economy; they are the economy. That’s why we’ve created a platform that delivers the expertise, insights, and support entrepreneurs need to thrive. By consistently researching and curating meaningful content, we ensure that the entrepreneurial journey is filled with the right guidance, knowledge, and resources to help businesses grow, evolve, and lead.
We believe in the power of small businesses to shape a stronger, more diverse economy. Our commitment to supporting entrepreneurs through real-world insights, resources, and unwavering dedication is what sets us apart. When you succeed, Canada succeeds—and together, we will build a more prosperous future for all.
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1.22 Million Small Businesses in Canada
As of December 2022, there were 1.22 million employer businesses in Canada. Of these, 1.19 million (97.8%) were small businesses, 23,395 (1.9%) were medium-sized businesses, and 3,128 (0.3%) were large businesses.
Between 2001 and 2020, the number of small businesses increased every year, except for three: in 2013, 2016, and 2020.
Between 2016 and 2020, the average number of small businesses created annually was 100,475, and the average number of small businesses that disappeared annually was 96,548.
22,266 (1.9 percent) were medium-sized businesses
Although all Canadian provinces experienced an increase in new enterprises in December, three provinces stood out. British Columbia was just a little behind Ontario, which led the way with 1,516 new enterprises in December, a 27.14% increase from November. While Ontario’s total number of new businesses opened in December was the highest, British Columbia’s percentage of new businesses opened in December increased by an impressive 87.79% compared to November. Alberta also experienced a 61.98% increase.
Job Creation
Job creation isn’t just about employment—it’s about building a stronger economy. Canadian SME Magazine is deeply committed to increasing job opportunities tied to small and medium-sized businesses in Canada. We know that the more SMEs grow, the more jobs are created, and that’s why we work to open doors for new opportunities.
By connecting SMEs with industry leaders, encouraging exploration of new avenues, and fostering partnerships, we help businesses access opportunities they may not have previously considered.
SME Growth
Small and medium-sized businesses (SMEs) in Canada are at a critical juncture. While new businesses continue to emerge each year, the reality is that many of them struggle, with the majority failing within the first five years. At Canadian SME Magazine, we recognize the immense challenges faced by these businesses, and that’s why we’ve made SME growth our top priority.
We are committed to providing SMEs with the tools, resources, and up-to-date knowledge needed to succeed. Through insights on the latest trends in marketing, finance, accounting, and many other areas, we make it easier for entrepreneurs to connect with industry leaders and experts.
Innovation
Innovation is the lifeblood of business success, especially for small and medium enterprises. Canadian SME Magazine understands that staying ahead of the curve with the latest technology and trends is essential for long-term viability. This is why our third priority is fostering innovation within SMEs.
Through our platform, we provide expert insights and guidance on emerging technologies and trends that can give businesses the competitive edge they need.
Empowering Canadian Small & Medium Enterprises
With the launch of CanadianSME Business Magazine, our aim is to equip SMEs with expert knowledge and insights from industry leaders on everything business. CanadianSME business magazine incorporates compelling content and provides shelter to the business needs of small and medium scale enterprises by providing them with a solution to all their queries, all under one roof.
Subscribe to CanadianSME Business Magazine
For years, CanadianSME has been dedicated to empowering small and medium-sized businesses across Canada. With CanadianSME Business Magazine, we continue our mission to provide expert insights, industry knowledge, and practical strategies to help entrepreneurs overcome challenges and fuel growth.
Our magazine is more than just a publication—it’s a trusted resource, offering actionable business advice and thought leadership from industry leaders. CanadianSME Business Magazine is here to support you as you build a stronger, more successful business.
CanadianSME Small Business Summit 2025
Each year, in October, during Small Business Month, we bring together over 3,000 passionate entrepreneurs, 100+ exhibitors, and some of the most influential keynote speakers in the business world for one of Canada’s largest and most impactful networking events. The Small Business Summit isn’t just an event—it’s a chance for you to put your brand front and center in front of an engaged, highly motivated audience.
As a small business owner, this is your opportunity to not only gain brand visibility but also connect with potential customers, partners, and collaborators who can help you scale. The summit is where industry leaders and entrepreneurs exchange ideas, forge valuable relationships, and share insights that drive growth and innovation.
Canada Business Talks
An Exclusive Event for Visionary Small Business Owners
Step into the future of business by connecting with Canada’s top business leaders through the Canada Business Talks series, proudly presented in association with Cisco, Lenovo, and RBC.
This isn’t just another event—it’s a celebration of the innovators, the risk-takers, and the visionaries who are shaping the future of business in Canada. Canada Business Talks is designed for those who dare to challenge the status quo and lead with purpose. Whether you’re a small business owner, an entrepreneur, or someone eager to gain expert advice to grow your business, this is your opportunity to connect with industry giants and visionary leaders who can help take your business to the next level.
CanadianSME Small Business Show 2025
The Ultimate Gathering of Canadian Entrepreneurs
Every year, we bring together Canada’s small and medium-sized businesses for the CanadianSME Small Business Expo—one of the largest and most impactful gatherings of its kind. This event is a celebration of innovation, collaboration, and growth, where entrepreneurs, industry leaders, and professionals from across Canada connect, share ideas, and empower each other to succeed.
The CanadianSME Small Business Expo puts you face-to-face with over 3,000 professionals from across the country, offering the chance to exchange knowledge, showcase your business, and discover new opportunities. With workshops, keynote sessions from top industry leaders, and live Q&A sessions with expert CEOs, this event provides you with the tools and resources to take your business to the next level.
Every year, we bring together Canada’s small and medium-sized businesses for the CanadianSME Small Business Expo—one of the largest and most impactful gatherings of its kind. This event is a celebration of innovation, collaboration, and growth, where entrepreneurs, industry leaders, and professionals from across Canada connect, share ideas, and empower each other to succeed.
The CanadianSME Small Business Expo puts you face-to-face with over 3,000 professionals from across the country, offering the chance to exchange knowledge, showcase your business, and discover new opportunities. With workshops, keynote sessions from top industry leaders, and live Q&A sessions with expert CEOs, this event provides you with the tools and resources to take your business to the next level.
CanadianSME National Business Awards
Celebrating Business Success Across Canada
The CanadianSME Business Awards is our annual celebration of the incredible hard work, dedication, and impact small business owners have on Canada’s economy. As the backbone of our economy, SMEs are the lifeblood of innovation, job creation, and opportunity, and it’s time to recognize the entrepreneurs who transform their dreams into thriving businesses.
The CanadianSME Business Awards is not just an awards ceremony—it’s a night to honor the pioneers, the leaders, and the visionaries who drive change and growth in our communities. It’s your chance to celebrate alongside fellow entrepreneurs, share stories, and build connections that will elevate your business to new heights.
The CanadianSME Business Awards is our annual celebration of the incredible hard work, dedication, and impact small business owners have on Canada’s economy. As the backbone of our economy, SMEs are the lifeblood of innovation, job creation, and opportunity, and it’s time to recognize the entrepreneurs who transform their dreams into thriving businesses.
The CanadianSME Business Awards is not just an awards ceremony—it’s a night to honor the pioneers, the leaders, and the visionaries who drive change and growth in our communities. It’s your chance to celebrate alongside fellow entrepreneurs, share stories, and build connections that will elevate your business to new heights.
Indigenous-SME Business Magazine
Indigenous-SME Magazine has been quite successful in its goal of providing a forum where owners of small and medium-sized businesses can network while getting useful resources. With our team of experts and extensive research, no one is better placed to understand the needs of small businesses. Not only have we been able to fill the gap when it comes to giving business owners exclusive information that is important for their success, but with their help and the help of business experts, Indigenous-SME is now well-known among many business owners in Canada! However, there is still room for improvement. Although Indigenous-SME is well known for promoting diversity and inclusiveness, we realized we came up short in promoting indigenous-owned businesses from Canada.
What They’re Saying About Us
Words that remind us why we do what we do—straight from the people we serve.
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