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BY THE NUMBERS

CANADIAN SME OWNERS (2011)

SMEs IN CANADA

65+ (11.3%) 50-64 (48.4%)

10+ (77.2%)

40-49 (28.2%) 5-10 (17.8%)

30-39 (10.6%) Under 30 (1.6%)

Under 5 (5%) YEARS OF EXPERIENCE

Industry Canada defines a small business as having one to 99 paid employees; a medium-sized business has 100 to 499 paid employees. Revenue growth rates for manufacturing-related SMEs stood at 4.1% in 2000, dropping to – 7.7% in 2009 at the height of the recession. Revenue growth rates improved since then, rising to 2.4% in 2011 then 1.9% in 2012. In 2011, Canadian businesses of all sizes exported $374 billion of goods, of which $191 billion was manufacturing-related. Aerospace and automotive remain two of the largest segments within Canadian manufacturing. Following are some facts and stats about Canadian SMEs.

AGE

TOP EXPORT DESTINATIONS FOR CANADIAN SMEs

91.6% U.S.A.

13.5% ASIA (OTHER)

9.4%

CHINA

— By Nate Hendley

% 33.9 EUROPE

23.5% LATIN AMERICA

Source: Industry Canada

CANADIAN MANUFACTURING INDUSTRY:

# OF ESTABLISHMENTS BY EMPLOYEE SIZE TOTAL OF 51,613 BUSINESSES (2012)

1-4

5-9

10-19

20-49

50-99

100-199

200-499

500+

17,478

10,427

8,556

8,001

3,638

2,113

1,115

285

(34%)

(20%)

(17%)

(15%)

(7%)

(4%)

(2%)

(1%)

106 | AUGUST 2015

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Canadian Metalworking is one of Canada’s largest industrial magazines and also one of its oldest, publishing continuously since 1905. Canadi...

06cmw august2015 de  

Canadian Metalworking is one of Canada’s largest industrial magazines and also one of its oldest, publishing continuously since 1905. Canadi...