Das Unternehmertum in Kanada geht im ersten Quartal stark zurück: Equifax
https://www.investmentexecutive.com/news/entrepreneurship-in-canada-drops-sharply-in-q1-equifax/
Das Unternehmertum in Kanada geht im ersten Quartal stark zurück: Equifax
https://www.investmentexecutive.com/news/entrepreneurship-in-canada-drops-sharply-in-q1-equifax/
19 Kommentare
I for one am shocked! Shocked!
….well not that shocked.
Breaking News: Water is wet.
More news at 7
You voted for this, 4 times in a row!
This is what happens when every level of government fucks over and puts up red tapes for entrepreneurs.
We’ve priced people out of literally everything and loan rates are fucking absurd.
I know three different people who have shut down their storefront businesses over the past two months.
They all blame the same things: red tape, big increase in crime, higher lease renewals.
Of course.
This will continue.
Taking a shot at business is in Canada is to gamble with your life.
Every dollar you borrow has to be personally guaranteed regardless of structure. OpCo’s, HoldCo’s etc, doesn’t matter, guaranteed by owners at threat of personal bankruptcy and even garnish of future wages to pay business debt.
You add in the inhospitable regulatory environment and anemic economy it would be insane to start a business.
Why not work for one of 3 levels of government or crown corp for $100,000 and a pension?
Canadians can hardly afford to do anything anymore.
Rentier capitalism here we officially are
As it should. This country has nothing to offer hardworking citizens and entrepreneurs. The winners of the last half-decade were those that complained for subsidized foreign labor and had an endless stream of new customers from a population boom. Every few generations people reinvent or rebrand some elaborate fraud scheme and act surprised when it inevitably crumbles down. Is anyone genuinely surprised that everyday people are unwilling to take risks when the incentives change to reward the welfare class of owners that don’t know how to run a business without the government artificially propping up top line growth and depressing costs through immigration?
This makes sense. When government has been approving mergers and acquisitions left and right instead of breaking up oligopolies, what hope does the little guy have against the few giant players dominating every industry?
The cost of rent, shipping, labour and taxes are too high. The threshold for reporting GST is way too low. $30k made sense back in 1991 when the policy came into effect. Not in 2026. No one is even talking about raising the threshold. The tax code itself has gotten so complicated and gets more complex every year to the point where even many CPAs struggle to interpret it. Yet no one is talking about simplifying it.
Interprovincial trade barriers make it difficult to expand and even as sovereignty is at stake, the provinces seem incapable of taking them down. It is far easier to deal with other countries than our own provinces.
With such a hostile economic environment, where the administrative and compliance burden is high while the after-tax rewards are low, who in their right minds would be willing to take the risk of entrepreneurship?
Carney magic at work!
2L of milk is 6 dollars
I tried to start a distribution company last month. Had exclusive deals liked up with vendors, a retail launch plan, website, everything. Banks wouldn’t fund me 50k. Too busy selling mortgages to criminals.
I’m not a finance or business guy, but all this talk in the article about business debt, and moving away from revolving debt toward structured debt, really sounds like the business environment is matching the personal side.
Things are not going well…
I run a small company doing Low voltage / Controls. so, Security, IT, Telco, cables, blinkly lights, nerd. Cutting wood and computer programming. All sorts of stuff.
It seems to me that it’s a poor reflection on society that security ends up like food. The worse things get, the more security gigs I get. The better things are, the more luxuries people buy.
I cater to both sides of the „K shaped recovery.“ I’ll be fine. I feel for my fellow entrepreneurs, who are struggling.
Disincentives in BC for sure! I feel this province values the addicted, govt employees and the indigenous and the rest of us can just pay the tab
If you look at the US, they do a ton to help entrepreneurs and reward them massively for their effort. In Canada, you work a lot more for a little more.
Canada is a Ponzi scheme at the point where recruitment has slower and the middle class is the bottom level.