Immigrant-led SME Exporters in Canada

Immigrant-led SME Exporters in Canada Canada has a large, diverse, and highly educated immigrant population that makes an important contribution to the Canadian economy. This study examines the contribution of immigrant-led businesses to Canada’s export performance and study find that Canada’s foreign-born population is more outward-looking than is the Canadian-born population. Businesses led by immigrants, despite being smaller on average, are much more likely to export and derive a greater share of revenue from exporting. They also tend to export further afield; relying less on the United States as a market and exporting to more diverse markets. It is therefore beneficial to the growth and diversification of Canadian exports that the number of immigrant-led exporters has grown at twice the rate of that of Canadian-born exporters. Immigrant-women-led business are of particular note, exporting at a far higher rate than business led by Canadian-born-women. This study reaffirms the important contribution of immigrant-led business to the Canadian economy and to Canada’s international trade performance. 2022-09-29 Global Affairs Canada open-ouvert@tbs-sct.gc.ca Economics and IndustryGovernment and PoliticsTransporteducatedimmigrantpopulationCanadian economybusinessesforeign-bornexportdiversificationimmigrant-led businessinternational trade Immigrant-led SME Exporters in CanadaHTML https://www.international.gc.ca/trade-commerce/inclusive_trade-commerce_inclusif/sme-exporter-pme-exportatrice.aspx?lang=eng Immigrant-led SME Exporters in CanadaHTML https://www.international.gc.ca/trade-commerce/inclusive_trade-commerce_inclusif/sme-exporter-pme-exportatrice.aspx?lang=fra

Canada has a large, diverse, and highly educated immigrant population that makes an important contribution to the Canadian economy. This study examines the contribution of immigrant-led businesses to Canada’s export performance and study find that Canada’s foreign-born population is more outward-looking than is the Canadian-born population. Businesses led by immigrants, despite being smaller on average, are much more likely to export and derive a greater share of revenue from exporting. They also tend to export further afield; relying less on the United States as a market and exporting to more diverse markets. It is therefore beneficial to the growth and diversification of Canadian exports that the number of immigrant-led exporters has grown at twice the rate of that of Canadian-born exporters. Immigrant-women-led business are of particular note, exporting at a far higher rate than business led by Canadian-born-women. This study reaffirms the important contribution of immigrant-led business to the Canadian economy and to Canada’s international trade performance.

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