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Canada losing businesses at an alarming rate: CFIB

Mario Toneguzzi -
Business exits in Canada have outpaced new business entries since early 2024, and the problem seems to be getting worse.

American Express Canada and DMZ’s grant program returns to support Canadian small business

Mario Toneguzzi -
Funded by Amex Canada and administered by DMZ at Toronto Metropolitan University, 100 Canadian small businesses will be selected to each receive a $10,000 CAD grant and mentoring support from DMZ.

CFIB calling on measures in federal budget to address declining entrepreneurship

Mario Toneguzzi -
The CFIB said 73% of small firms say they are not confident that the federal government has their back as a business owner.

Small businesses see fuel costs as key constraint to growth: CFIB

Mario Toneguzzi -
Small business long-term optimism improved modestly to 58.5 points in April, following the sharp decline recorded in March.

More businesses have been closing than opening in Canada: CFIB

Mario Toneguzzi -
The entrepreneurial drought, a sustained period of four or more quarters where business exits outpace new business entries, has been ongoing since early 2024.

Small business confidence loses momentum amid rising energy costs: CFIB

Mario Toneguzzi -
Several cost concerns increased this month, with the share of businesses worried about fuel costs jumping from 36% in February to 50% in March.

Direct selling becoming more attractive as a flexible entrepreneurial opportunity: DSA Canada

Mario Toneguzzi -
Most Independent Sales Consultants participate on a part-time basis, with 55 per cent working between two and 10 hours per week

Mastercard Small Business Fund opens for 2026 applicants

Mario Toneguzzi -
According to Statistics Canada, women-owned businesses represent almost one-fifth of private sector businesses in Canada.

Small business optimism climbs above historical norms for the first time since 2022: CFIB

Mario Toneguzzi -
Confidence levels among almost all provinces hovered just above or around their historical averages, while most sectors saw gains in their 12-month outlook.

CFIB survey: Tax burden tops small business concerns in Canada as retailers cite costs, regulation and crime

Mario Toneguzzi -
Overall for all sectors, the CFIB said the total tax burden has been the top concern for over 25 years.

Government of Canada invests in pathways to success for Black-led businesses in Alberta 

Mario Toneguzzi -
$3 million in federal funding through the Black Entrepreneurship Program (BEP) Ecosystem Fund

Lessons learned along the entrepreneurial journey: Marc Lafleur

Mario Toneguzzi -
Lafleur is a founder at heart and has taken a particular interest in mentoring up-and-coming founders.

Small businesses must be top priority as MPs return to Ottawa: CFIB

Mario Toneguzzi -
“2025 was a rollercoaster for small businesses."

How Xenia Chen Built Threads: A Canadian Hosiery Brand Disrupting the Tights Industry

Mario Toneguzzi -
Frustrated with flimsy, overpriced tights, Xenia Chen launched Threads in 2018 with $10K. Today, it’s a top-rated Canadian brand with 50,000+ customers, 3,000+ 5-star reviews, and a mission to reinvent hosiery for all.

Canadian entrepreneur ambitions hit 8-Year high: RBC

Mario Toneguzzi -
RBC poll finds 59% of Canadians want to start a business, the highest since 2017, with strong optimism and adaptability among current small business owners.

Franchise industry in Canada continues to grow as younger entrepreneurs step in

Mario Toneguzzi -
In 2019, the franchise industry generated $96 billion annually to the national GDP. In 2025, the CFA is projecting that it will reach $133 billion

Nearly 2 in 3 small businesses may permanently drop Canada Post if strike resumes following vote: CFIB

Mario Toneguzzi -
Four in five businesses still use Canada Post, according to the CFIB

Walmart Canada sparks opportunities for homegrown businesses at inaugural Canada Growth Summit

Mario Toneguzzi -
Walmart Canada's first Growth Summit is part of Walmart's global Growth Summit series, following similar events in the United States, Chile, India, Mexico and Africa.

Small businesses worry about U.S.-Canada trade war impact: CFIB

Mario Toneguzzi -
New data from CFIB found that 37% of those surveyed noticed changes in tourists’ behaviour.

Celebrating World Franchise Day (Video)

Mario Toneguzzi -
The CFA represents 700 corporate members and over 40,000 franchisees

CFIB May Business Barometer: Small business confidence goes up, price plans go down 

Mario Toneguzzi -
“The optimism glass is not even half-full, it’s still fairly empty," says the CFIB.

Canada faces potential wave of small business closures: MNP

Mario Toneguzzi -
The average age of Canadian business owners was 53.5 in 2020, with many now approaching or already at retirement age.

Half of small businesses no longer feel U.S. a reliable trading partner: CFIB

Mario Toneguzzi -
The CFIB said 32% of business owners have already shifted to suppliers/markets within Canada, 27% plan to increase their investment in Canada, while 33% intend to reduce efforts in the U.S. over the next six months. 

New report highlights women’s entrepreneurship as key to unlocking Canada’s economic potential

Mario Toneguzzi -
Despite significant investments, women-owned businesses have made only slow progress, and Canada is falling behind other developed countries in fostering female entrepreneurship.

Female founders drive Canada’s small business growth: GoDaddy

Mario Toneguzzi -
A growing era for women entrepreneurs inspires other women what's possible, says GoDaddy.
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