Canadian Startup Boom
According to CA Magazine there is a boom in Canadian Business Startups
For example the 55-and-over age group now accounts for 15% of total startups, compared to 11% in 1990. The self-employment boom seems to have been fueled by new entrepreneurs choosing self-employment as opposed to looking for a job. Lifestyle considerations i.e. caring for children were, motivating factors by one in five startups and among established businesses (non-startups), the percentage of female entrepreneurs rose from 27% to 33%. This suggests that when women decide to start a business, their survival rates are higher on average.
Western Canada Leads the Way in Startups
While newly formed small businesses in British Columbia rose by almost 8% over the past two years. Alberta is close behind (almost 6%), with a concentration of startups in business services.