aging population

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Stemming the demographic tide on entrepreneurship in Canada

The share of Canadians between the ages of 30 and 39 has declined 16.6 per cent since the 1980s.


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A number of prominent Canadians, including Bank of Canada Governor Stephen Poloz, have raised concerns about the state of business start-ups and entrepreneurship in Canada. There is no question that entrepreneurship is critical to a well-functioning, prosperous economy.


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The idea that we are trapped in a “new normal” of slow economic growth has gained currency with many analysts. Proponents list a number of factors allegedly restraining the trend of growth.