Growth in Firms in Canada, 1985–1999

Abstract

Industry Canada has recently completed the first phase of an analysis of Canadian growth firms using a new longitudinal database over the period 1985 to 1999. Of the nearly 1.8 million net jobs created over this period, continuing hyper and strong growth firms, almost 7% of private sector firms in 1985, were responsible for creating nearly one million net jobs. Continuing small businesses were the principal engine of growth, more than offsetting the job losses among continuing large firms over this period.

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