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Are small, family-run businesses dying in Canada?

Are small, family-run businesses dying in Canada?

Small business owners are, on average, older than the Canadian population. That means that in the next ten years 75% of them are retiring, according to estimates from the federal government. So what happens to their businesses? Chris Hannay covers small business for the Globe and he joins us to discuss how these retirements could lead to a wave of consolidation of enterprise in Canada.

The Decibel

September 5, 202316m 8s

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Show Notes

Small business owners are, on average, older than the Canadian population. That means that in the next ten years 75% of them are retiring, according to estimates from the federal government.

So what happens to their businesses? Chris Hannay covers small business for the Globe and he joins us to discuss how these retirements could lead to a wave of consolidation of enterprise in Canada.

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