Small businesses are big news, and getting bigger. Nationwide, small and mid-sized businesses (SMEs) accounted for the vast majority of new jobs created between 2005 and 2015 – 87.7 per cent of them, according to a recent study by Innovation, Science and Economic Development Canada. Together, SMEs – defined by the agency as those with fewer than 500 employees – employ 8.2 million people in the country, or 70.5 per cent of the private labour force.

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