Canada’s Small and Medium-Sized Business Owners: Diverse Society in a Microcosm


TD Economics Special Report, 12 October 2012

This report includes a section of demographic analysis on women entrepreneurs.

Data indicates that while majority women-owned SMEs are smaller than male-owned firms, women-owned businesses have higher survival rates.

Further, women-owned businesses express higher growth intentions than their male-counterparts. However, they are less likely to seek debt financing and less likely to engage in export even after controlling for sector, firm and owner traits.