Small businesses are vital to the Ontario economy. They provide services and products that meet local needs and often serve as suppliers to larger companies. Small businesses make up 98 percent of total businesses and two-thirds of private sector employment in Ontario.
Earlier this year, the Ontario Chamber of Commerce (OCC), in partnership with local chambers of commerce and boards of trade, launched the Small Business Too Big to Ignore campaign to champion this vital component of Ontario’s economy. In addition to highlighting the success of small businesses in Ontario, our objective throughout the campaign has been to identify and develop potential policy solutions to the most significant barriers to small business growth.
The report, Obstacles and Opportunities: The Importance of Small Business in Ontario, captures the feedback we received from small business owners from our province-wide Small Business Too Big to Ignore consultation process and provides recommendations designed to ensure the future success of small businesses in Ontario.