The State of Women’s Entrepreneurship in Canada 2023

Additionally, 20% of SMEs in the professional, scientific and technical > The percentage of self-employed women services sector and 17.6% of SMEs in the in manufacturing increased to 2.9% in 2022 accommodation and food services sector from 2.7% in 2021. [...] in Canada, followed by an evaluation of 14 Women’s Entrepreneurship in Canada: 2022 Introduction > The number of self-employed women in Canada decreased during the height of This section provides a snapshot of the the COVID-19 pandemic before rising to state of women entrepreneurship in Canada 988,400 in 2022 from 975,200 in 2021. [...] To calculate the number of majority women-owned SMEs in the private sector, we obtained the proportion of majority women business owners of all SME owners from the 2017 and 2020 Survey on Financing and Growth of Small and Medium Enterprises (SFGSME; 15.6% in 2017 and 16.8% in 2020). [...] There were no significant The map in Figure 3 shows the distribution changes in the proportion of women-owned of SMEs 100% owned by women out of all businesses in the remaining provinces and SMEs in Canada according to the 2020 territories. [...] The difference between the trend in the proportion of self-employed women among the self-employed workforce and changes in the number of self-employed women highlights the importance of interpreting data from multiple perspectives to get a fuller overview of the state of women entrepreneurs.