50% of Canadians Thinking of Starting a Business, But Most Business Owners Say Don’t

50% of Canadians Thinking of Starting a Business, But Most Business Owners Say Don’t
Morning in Toronto's financial district on April 1, 2020. Cole Burston/Getty Images
Chandra Philip
Updated:
0:00

Although over half of Canadians are considering starting a business, most current business owners question whether now is a good time to become an entrepreneur, according to recent statistics.

An RBC poll shows 51 percent of Canadians are thinking of launching a business, up five percentage points from 2023, according to a Sept. 18 news release.