A feature in the
National Post looks at Canada's entrepreneurial spirit. Self-employment in the country has nearly doubled in just over 30 years, leading economists to conclude that the growth of the country's small businesses is "less of a recessionary blip and more of a permanent structural shift in the labour force".
"While the United States is usually the country hailed for its can-do business spirit, Canada is proving to be the home of the fearless entrepreneur."
"Recession-weary Canadians have gone into business for themselves in near-record numbers in the past couple of years, and the trend shows no signs of slowing as hiring by larger corporations remains slow. The trend to self-employment goes against activities south of the border, where small-business growth has been weak."
"Economists and policymakers are generally pleased with this development � after all, it shows that Canadians are nimble and entrepreneurial. Self-employment also brings a level of job satisfaction that is usually far superior than in bigger corporations. And small businesses, which make up almost 98% of all businesses in Canada, are always key to emerging out of a recession."
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Globe & Mail