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A new report by PayPal Canada, Business of Change: PayPal Canada Small Business Study, shows how dramatically the pandemic has accelerated digital commerce for Canadian small businesses.
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With ongoing uncertainty caused by the COVID-19 pandemic, more than a third (37%) of business owners surveyed in Canada wish they could retire, transition or sell their business but are not prepared, finds a recent poll by KPMG in Canada.
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As Canadian small businesses continue to adapt to the new reality of COVID-19, the federal government says it is “working hard to support small business owners as they rebuild and explore new opportunities in the global marketplace.”
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Thinking Capital Finance Corp., a digital lender to small businesses, has completed the acquisition of Ario, a finance-as-a-service technology platform.
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Small businesses recovery has taken a step back as COVID-19 cases increase, according to the latest results from the Canadian Federation of Independent Business (CFIB)’s #SmallBusinessEveryDay Dashboard:
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Canadian small businesses have made it clear that economic recovery and international trade are intricately linked with 80% agreeing that increasing trade between Canada and other countries will improve the economy overall.
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Women currently comprise 28% of all entrepreneurs in Canada but represent only a small percentage of high-growth firm founders.
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Canadian technology company GroundLevel Insights this week launched CANATRACE, a free digital offering that allows businesses to capture pertinent customer data needed for contact tracing, all while alleviating the workload of staff and keeping patrons – and their contact information safe.
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Ottawa has announced plans to invest $710,000 in support for initiatives to be delivered by the National Angel Capital Organization (NACO) in both Western Canada and Atlantic Canada. The initiatives are designed to “support the early-stage capital ecosystem and create new pathways to scale and growth for entrepreneurs.”
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Business Development Canada’s Small Business Week (SBW) is going completely virtual this year with exclusive events taking place this week, highlighting the resilience and innovation of entrepreneurs in the face of today’s unprecedented challenges.
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