SME Sector Interactive Session

  • 15 May 2018
  • 6:00 PM - 8:00 PM
  • ICCC- 924 The Eastmall, M9B6K1

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SME Sector Interactive Session  
 
Federal Economic Policies for SME Sector
 

Small and medium business are the back bone of Canadian Economy comprises 98.2% (under 100 employees) of all businesses. In Canada, SMEs and entrepreneurs make an important contribution to the Canadian economy. SMEs account for 60% of total employment, and Canada performs very well across many measures of small business generation, growth and innovation. SMEs contributing around 30% to the Canadian GDP.

As of December 2015, the Canadian economy totaled 1.17 million employer businesses. Of these, 1.14 million (97.9 percent) were small businesses. Small businesses employed over 8.2 million individuals in Canada, or 70.5 percent of the total private labour force.

In 2013, Canada exported goods totaling $420 billion, of which $106 billion was exported by SMEs. More than 37,000 Canadian SMEs were active exporters of goods to a broad array of international destinations. While the majority (over 26,000) of these SMEs exported to only one country, a significant number exported to two and three to five countries (4,200 and 3,700 respectively).

As a corollary to promoting small businesses, ICCC hosting for the first time ever, Canadian federal Minister/MPs will be discussing federal economic policies that impact Canada's small businesses at an exclusive tête-à-tête organized by the ICCC.

 
Minister/MPs expected to participate:
 

 Bardish Chagger  Ruby Sahota Bob Saroya
     
Sonia Sidhu 
Ramesh Sangha   Peter Fonseca

Program:  

Time: 6:00pm - 8:00pm
 
Date: Tuesday, May 15, 2018
 
Venue: Indo-Canada Chamber of Commerce 
 
Address: 924, The East Mall, Toronto, M9B6K1


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