Today In Data: Canadian Small Business Growth

Canadians are seeing a boom in their economy for small businesses.

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    According to research released from the CIBC Capital Markets, there has been more growth in this sector now than in the past decade.

    Here are the numbers:

    42 percent | Percentage of job creation stemming from businesses with under 100 employees

    12 percent | Increase in job creation from the 10 years prior to research measurement

    350,000 | Number of new businesses created in 2016

    9 percent | Percentage every province in Canada has grown

    50 percent | Percentage of small to medium-sized businesses owned by baby boomers