Nearly 20% of Canadian small businesses may close from tariffs, CFIB says

[WestCanMan]

On 8/21/2025 at 7:19 AM, Legato said:

How do you know it's increased?

He can sit down now

[WestCanMan]

On 8/21/2025 at 12:28 PM, CdnFox said:

Unfortunately the plan appears to be bankruptcy

I often think to myself you can't get any Dumber. But I am wrong   

Our economy requires that a certain number of businesses succeed. The vast majority of small businesses in Canada are those which have passed their first year and are successful

If they start to fail in large numbers our economy is going to be completely devastated.

It may not matter to you right now, but trust me it will when you grow up.

We absolutely cannot afford to have what this paper is predicting come true

ExFlyers is so stupid that he thinks startups constitute the majority of small businesses lol. 

I don't blame the poor little bugger for voting Lib. 

[suds]

On 8/21/2025 at 3:53 PM, ExFlyer said:

I know that facts absolutely befuddle you.  LOSER LOL

But here they are ...again

"In Canada, a significant number of new businesses fail within their first few years. About 21.5% of small businesses don't survive their first year, according to Made in CA. Furthermore, roughly half of all small businesses in Canada close before their fifth anniversary." 

Bottom line, being in business does not mean you will be there forever. 

https://madeinca.ca/small-business-statistics-canada/

 

In 2023, there were 1.07 million small businesses in canada (a small business being defined as having between 1-99 employees). Approximately 50,000 startups are established each year. Going by your 21.5% figure, it means about 10,000 new startups will fail. Now compare that 10,000 figure to 20% of 1.07 million which is approximately 200,000 small businesses expected to go under. You're comparing apples to oranges.

[CdnFox]

47 minutes ago, WestCanMan said:

ExFlyers is so stupid that he thinks startups constitute the majority of small businesses lol. 

I don't blame the poor little bugger for voting Lib. 

Yeah. In fairness (and somewhat ironically) most people don't realize how big small business is. Almost 47 percent of our employment in Canada in the private sector comes from small businesses with less than 99 employees.  Mostly businesses with a dozen or two workers.  Only 17 percent are from medium sized businesses and almost all of those evolved from small businesses.  

When small business takes a hit its' ability to weather the storm is a fraction of what big business can take, and a lot of those businesses went into debt and are still recovering from covid. 

exflier only cares about defending carney and the rest of his cult, but the consequences to the younger generation are going to be absolutely devastating beyond belief. 

 

 

[CdnFox]

7 minutes ago, suds said:

In 2023, there were 1.07 million small businesses in canada (a small business being defined as having between 1-99 employees). Approximately 50,000 startups are established each year. Going by your 21.5% figure, it means about 10,000 new startups will fail. Now compare that 10,000 figure to 20% of 1.07 million which is approximately 200,000 small businesses expected to go under. You're comparing apples to oranges.

Oh dude, you lost him at 2023.  Even THAT"S too big a number for him to get his head around  

Even as dumb as he is i'm sure he understood that the fact that new businesses fail to a percent doesn't mean the rest of the ones who succeed (the majority) aren't critical. He's just desperately trying to protect his tribe and echo chamber. 

This chart shows the story.  Canada is built on small business

Key Small Business Statistics 2023

 

Mind you that was from 2023 so he'll never figure it out  

Edited August 23, 2025 by CdnFox

[herbie]

And now the same source is cheering Carney for removing most countervailing duties and asking for duties collected to be returned to small businesses.

So what does that say about tariffs? They hurt Canadian business!

[CdnFox]

1 minute ago, herbie said:

And now the same source is cheering Carney for removing most countervailing duties and asking for duties collected to be returned to small businesses.

 

You mean you and the rest of the left?

Yeah.  Pretty curious. 

Quote

So what does that say about tariffs? They hurt Canadian business!

Sure they do, but a hell of a lot less than trump's tariffs and chinas. 

sooooo... maybe we should have gotten some of THOSE tariffs reduced in return?  I know thinking is hard for you but .....

Instead trump just INCREASED our tariffs to include a bunch of new products claiming they're steel and copper "derivatives". 

So... we reduce ours for free, trump increases his which wipes out any gains reducing ours would bring.  And we're trying to pretend this is a victory?

Give your head a shake. Not too hard tho, we wouldn't want it to pop, 

[ExFlyer]

1 hour ago, suds said:

In 2023, there were 1.07 million small businesses in canada (a small business being defined as having between 1-99 employees). Approximately 50,000 startups are established each year. Going by your 21.5% figure, it means about 10,000 new startups will fail. Now compare that 10,000 figure to 20% of 1.07 million which is approximately 200,000 small businesses expected to go under. You're comparing apples to oranges.

"In Canada, a significant number of new businesses fail within their first few years. About 21.5% of small businesses don't survive their first year, according to Made in CA. Furthermore, roughly half of all small businesses in Canada close before their fifth anniversary." 

Bottom line, being in business does not mean you will be there forever. 

https://madeinca.ca/small-business-statistics-canada/

"In Canada, approximately 50% of small businesses fail within the first five years. While the failure rate varies by industry and year, a significant number of new businesses don't survive past their initial stages. Factors like cash flow problems, poor market research, and management issues are frequently cited as reasons for failure. 

 

Detailed Explanation:

• First Year:

  Around 21.5% of new small businesses fail within their first year according to Made in CA.

• Five Years:

  Roughly 50% of small businesses don't make it past the five-year mark according to Made in CA. 

   

 

[CdnFox]

 

 

6 minutes ago, ExFlyer said:

Bottom line, being in business does not mean you will be there forever. 

 

Bottom line is they're there right now and providing almost half our employment and Carney is about to wipe them out with his incompetence. 

[suds]

14 minutes ago, ExFlyer said:

"In Canada, a significant number of new businesses fail within their first few years. About 21.5% of small businesses don't survive their first year, according to Made in CA. Furthermore, roughly half of all small businesses in Canada close before their fifth anniversary." 

Bottom line, being in business does not mean you will be there forever. 

https://madeinca.ca/small-business-statistics-canada/

"In Canada, approximately 50% of small businesses fail within the first five years. While the failure rate varies by industry and year, a significant number of new businesses don't survive past their initial stages. Factors like cash flow problems, poor market research, and management issues are frequently cited as reasons for failure. 

 

Detailed Explanation:

• First Year:

  Around 21.5% of new small businesses fail within their first year according to Made in CA.

• Five Years:

  Roughly 50% of small businesses don't make it past the five-year mark according to Made in CA. 

   

 

I agree fully with your statistics but you're fixated on startups. The opening post refers to 'small businesses' which the total amount of small businesses in Canada outnumbers startups by about 20 to 1.

[ExFlyer]

7 minutes ago, suds said:

I agree fully with your statistics but you're fixated on startups. The opening post refers to 'small businesses' which the total amount of small businesses in Canada outnumbers startups by about 20 to 1.

The statics do not differentiate between old and new. It is general business failure.

It sayFirst Year:

Around 21.5% of new small businesses fail within their first year according to Made in CA.

Five Years:

Roughly 50% of small businesses don't make it past the five-year mark according to Made in CA. 

 

The links says "Nearly 20 per cent of Canadian small businesses are at risk of having to shut down in as little as six months as owners grapple with higher costs brought on by tariffs, new data suggests." and also does not differentiate who in business is going to fail, just that 20% are at risk. The statistic says 21% fail after the first year and 50% after 5 years..... before tariffs were an issue..

[ExFlyer]

26 minutes ago, CdnFox said:

 

 

Bottom line is they're there right now and providing almost half our employment and Carney is about to wipe them out with his incompetence. 

Befuddled by statistics and facts and off topic again... as expected from a LOSER LOL

[suds]

2 minutes ago, ExFlyer said:

The statics do not differentiate between old and new. It is general business failure.

It sayFirst Year:

Around 21.5% of new small businesses fail within their first year according to Made in CA.

Five Years:

Roughly 50% of small businesses don't make it past the five-year mark according to Made in CA. 

 

The links says "Nearly 20 per cent of Canadian small businesses are at risk of having to shut down in as little as six months as owners grapple with higher costs brought on by tariffs, new data suggests." and also does not differentiate who in business is going to fail, just that 20% are at risk. The statistic says 21% fail after the first year and 50% after 5 years..... before tariffs were an issue..

Ok, I'll take one more shot at this.  In the last 25 years (according to Statscan) it's unusual to see a drop in total number of small businesses in Canada. And the few times it's happened it's generally only in the thousands and not tens of thousands or hundreds of thousands. But now it's being predicted 20% of small businesses might go under which is close to 200,000. I hope this helps.

[Moonlight Graham]

57 minutes ago, CdnFox said:

You mean you and the rest of the left?

Yeah.  Pretty curious. 

Sure they do, but a hell of a lot less than trump's tariffs and chinas. 

sooooo... maybe we should have gotten some of THOSE tariffs reduced in return?  I know thinking is hard for you but .....

Instead trump just INCREASED our tariffs to include a bunch of new products claiming they're steel and copper "derivatives". 

So... we reduce ours for free, trump increases his which wipes out any gains reducing ours would bring.  And we're trying to pretend this is a victory?

Give your head a shake. Not too hard tho, we wouldn't want it to pop, 

Apparently carney reduced us tariffs because the US recently did the same for Canada.

[Legato]

12 minutes ago, Moonlight Graham said:

Apparently carney reduced us tariffs because the US recently did the same for Canada.

Not saying you're wrong but which tariffs did the Trump drop? Can't find any.

[eyeball]

On 8/22/2025 at 3:51 PM, CdnFox said:

When exactly did PP have a 25 point lead over carney?

When PP said Carney was just like Justin. IE, the same...exactly.

And now PP says Carney is even worse than Justin meaning he actually blew a 25 point lead over that.

[Legato]

23 minutes ago, eyeball said:

blew a 25 point lead over that.

That's what Mary said.

[herbie]

Oh FFS waste breath on PP again. The guy has zero say and zero positive ideas to contribute. Let's stick to this mouthpiece from the CFIB.

Does he have any legitimacy himself? Or another one of these spokespersons that registered a group and appointed himself president?

When I had my store I had a stream of so called representatives from groups (like the Taxpayers Fed) that didn't represent the interests of small business or group they claimed advocacy for in the least.

[CdnFox]

8 hours ago, Moonlight Graham said:

Apparently carney reduced us tariffs because the US recently did the same for Canada.

No.  I think you mis heard that. 

The us never had tariffs on goods that were covered by CUSMA. 

Some of the tariffs that remained on our side included CUSMA goods.  So carney cut them to "match"

BUT in reality trump added a whole bunch of new tariffs just a couple days ago. 

So we reduced our tariffs and he increased his.

Sounds like a fair trade right?  right?  Moonlight? That's a good deal for us right?

Sigh. 

8 hours ago, Legato said:

Not saying you're wrong but which tariffs did the Trump drop? Can't find any.

He's wrong.  I think he misheard a part of carney's speech or misunderstood it. Trump just RAISED a bunch of tariffs. 

[CdnFox]

3 hours ago, eyeball said:

When PP said Carney was just like Justin. IE, the same...exactly.

And now PP says Carney is even worse than Justin meaning he actually blew a 25 point lead over that.

when did PP  have a 24 point lead over Carney?

Oh. right. You're lying again.  Yawn.

3 hours ago, herbie said:

Oh FFS waste breath on PP again. The guy has zero say and zero positive ideas to contribute. Let's stick to this mouthpiece from the CFIB.

Does he have any legitimacy himself? Or another one of these spokespersons that registered a group and appointed himself president?

When I had my store I had a stream of so called representatives from groups (like the Taxpayers Fed) that didn't represent the interests of small business or group they claimed advocacy for in the least.

If he wasn't legit and didn't mean anything you wouldn't be freaking out and soiling your pants over him right now   

[WestCanMan]

22 hours ago, CdnFox said:

the consequences to the younger generation are going to be absolutely devastating beyond belief. 

Just like with the covid jab and EF, Eyeball, Aristedes and the rest of the vax-cultists don't care how bad young people who didn't need the jab were hurt by it, either.

They care more about Trudeau and Fauci.   

[CdnFox]

40 minutes ago, WestCanMan said:

Just like with the covid jab and EF, Eyeball, Aristedes and the rest of the vax-cultists don't care how bad young people who didn't need the jab were hurt by it, either.

They care more about Trudeau and Fauci.   

The heart breaking thing to watch is that the kids have realized it in large numbers, but they can't do anything. They know they're about to be sold out, they know they're not going to have the future their grandparents had. They can see that even if they get a competent leader in there's no way to undo this damage quickly. It's like they're not even fighting for their own future anymore, they're fighting for their children.

Bringing in the conservatives will certainly make things better, at the very least stop making them worse, but even still it will be 30 to 40 years before things get back to the way they should be even if they do everything right. 

I see them talking online and in person and while they are definitely looking towards having a CPC government they're just entirely aware that they've been screwed and there's just nothing that they can do and nothing anyone else can do to help them. These kids worked hard, they deserve to have a future, and they're just not going to get the one that they deserve.

 

[eyeball]

16 hours ago, CdnFox said:

when did PP  have a 24 point lead over Carney?

I'm pretty sure he didn't but he sure blew that much anyway didn't he?

[CdnFox]

11 minutes ago, eyeball said:

I'm pretty sure he didn't but he sure blew that much anyway didn't he?

Ummm.. so your statement is that he never had that kind of a lead, and your follow up question is he blew it anyway didn't he.

 LOL no. No he did not. 

In fact he was about 2 points down on carney, and then he  was 12 points down at one point, and then finished about 2 points down. 

Nanos said if the election had gone another couple weeks chances are PP would have won.  Basically carney managed to build the hype and fear and coast to victory on that. 

I don't know if the libs are going to be able to pull that off again next time. 

[eyeball]

7 minutes ago, CdnFox said:

Ummm.. so your statement is that he never had that kind of a lead, and your follow up question is he blew it anyway didn't he.

Oh PP certainly did blow that sort of lead, I just DGAF who or when he had it the way you're obsessing over it.

Interestingly enough you used up more bandwidth obsessing over his lead when he had it.