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BC leads country in small business growth


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#1 amor de cosmos

amor de cosmos

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Posted 19 October 2007 - 02:57 PM

BRITISH COLUMBIA LEADS SMALL BUSINESS GROWTH IN CANADA

VICTORIA – The 2007 Small Business Profile, a report on the status of small business in British Columbia, was released today by the Honourable Rona Ambrose, President of the Queen's Privy Council for Canada, Minister of Intergovernmental Affairs and Minister of Western Economic Diversification, and Rick Thorpe, Minister of Small Business and Revenue and Minister responsible for Regulatory Reform.

“Small business in British Columbia has seen steady growth, and this trend reflects the West’s strong economic growth and entrepreneurial spirit,” said Ambrose. “Canada’s New Government is creating the right conditions for Canadian businesses to thrive and is reducing barriers to small business growth. This Small Business Profile highlights the success of small businesses in B.C. and can be used as a tool to help guide future entrepreneurs.”

Between 2001 and 2006, British Columbia’s small business growth was triple the national average and at 11.2 per cent, the only province to boast double-digit growth. Small businesses account for 98 per cent of all businesses in British Columbia.



Other highlights:
- An estimated 1,025,600 people worked in small businesses in British Columbia in 2006.
- British Columbia derives more gross domestic product from small business than any other province – 27 per cent.
- 98 per cent of all businesses in British Columbia are small businesses.
- Small business shipped over $14 billion worth of merchandise to international destinations in 2005, almost 40 per cent of the total value of goods exported from the province.
- The Northeast region continues to record the highest rate of growth in the province in the number of small businesses, with an average increase of 6.3 per cent per year over the 2001 to 2006 period.

http://www2.news.gov... ... 001228.htm

here's this year's small business profile:
http://www.bcstats.g... ... BP2007.pdf

 



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