Industry Canada's definition of “small business” is firms that have fewer than 100 employees. There are just over one million small businesses in Canada that have employees (excludes self-employed entrepreneurs). Ninety-eight percent of businesses in Canada have fewer than 100 employees.

Nov 17, 2015 – As consumers, lets take the initiative to support our local small businesses. Afterall, they are our family, friends, and neighbours. So there you have it – Canadian Small Businesses defined, supported by some interesting facts and stats. Small businesses are defined as …firms that have fewer than 100 paid employees.

Oct 17, 2011 – What is the definition of a small business in Canada? 1 to 4 employees: Micro-enterprise. 5 to 100: Small business. 101 to 499: Medium-sized business. 500-plus: Large business. (Source: Industry Canada) …

Canadian SME Definition. Industry Canada uses the term SME to refer to businesses with fewer than 500 employees while classifying firms with 500 or more employees as "large" businesses. … A micro-business is defined as a business with fewer than five employees.

Jan 5, 2017 – Definition: The Business Limit relates to income tax deductions available to Canadian corporations when filing Canadian corporate tax with the Canada Revenue Agency (CRA). The Business Limit is a set dollar amount that caps the amount of Small Business Deduction (SBD) a Canadian corporation may …