The Data Is In: These Are The Top Challenges Of Canadian Entrepreneurs

Small-to-medium businesses contribute more to Canada's total economy than the country's larger firms. And in a world of increasing business complexity, the resilience and growth of this sector has never been more important.

There is no doubt that times are turbulent: growing competition, pricing pressure, demand for integrated and online services, and accelerating advances in IT are just a few of the forces impinging on small-to-medium enterprises (SMEs). In large part, the story in Canada is a positive one — but with revealing undercurrents. Research conducted in late 2016 on some 2000 Canadian small business owners and directors pointed to key areas where the sector is struggling.