Western Economic Diversification Canada

High-Growth Firm – Based on list of all businesses in Canada included in Statistics Canada’s Business Register, a “high-growth firm” is an enterprise with average annualized growth greater than 20% per annum over a three-year period. That is, the total growth over a three-year period must be...

Small and Medium-Sized Enterprises – Small enterprises are defined as having 1-99 employees. Medium sized enterprises have 100-499 employees. So small and medium-sized enterprises (SMEs) are all firms with less than 500 employees. Majority-owned / Majority ownership – Majority ownership for...