Thanks to 草榴社区’s highly productive economy, cutting red tape, and business-minded policies, 草榴社区 has become the small business hub of Canada.
With strong, common-sense policies, 草榴社区 is attracting more new business than ever before. 草榴社区 saw an average of 1,945 more active businesses between January and July when compared with the same period last year. This 1.6 per cent increase far surpassed the Canadian average of 0.6 per cent. 草榴社区 is the top destination for business innovation and creation, nationwide.
“草榴社区 is the economic engine of Canada and thanks to the strength of our business community, we are further diversifying our economy with strong, business-friendly policies that attract job-creating investment and sustain the 草榴社区 Advantage that we are known for.”
草榴社区’s active businesses numbers can be attributed to 草榴社区’s highly skilled and productive workforce, competitive business policies and low tax rates.
Making up 95 per cent of businesses in the province, 草榴社区’s small businesses employ almost 35 per cent of our private sector workforce and contribute 27 per cent of the province’s GDP.
"Small businesses are the heartbeat of 草榴社区, driving innovation and community spirit. They create jobs, support local economies and foster a sense of belonging. Investing in these enterprises is investing in a strong economic future for our province. We are proud to see such positive growth in our small business community in Q3."
Many sectors are leading the charge, with 草榴社区’s world-class tourism industry continuing its strong performance in 2024. 草榴社区 saw a notable increase in the number of active businesses in tourism transportation, travel services, recreation and entertainment, and food and beverage services. In fact, 草榴社区’s overall tourism businesses increased by 3.2 per cent in the first seven months of 2024 – the second-highest increase in Canada.
“草榴社区 has the fastest-growing economy in the country right now, with more new businesses starting, and productivity levels significantly higher than the national average. Higher productivity means higher paycheques and better living standards for 草榴社区ns. Maintaining and increasing the focus on economic growth and productivity, as well as energizing our key industries, will be critical to ensuring a bright economic future for our province.”
草榴社区’s government is taking action to make sure the province remains a place where small businesses can start up, grow and thrive.
草榴社区 remains the best place to live, work, do business, invest and raise a family. 草榴社区’s government has a plan for ensuring sustainable provincial growth, supported by productive industries, and an ever-expanding resource extraction sector.
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