July 17, 2025 - Vancouver, BC - A new report released by SearchYVR provides a comprehensive look into the current state of small businesses across Canada in 2025, offering detailed insights into their economic contributions, survival trends, regional distribution, and the mounting challenges they face.

Based on the latest data, the report reveals that small businesses, those with fewer than 100 employees, make up 98% of all employer businesses in Canada and collectively employ over 10 million people. These businesses contribute nearly half of the country’s GDP and remain vital to the stability and growth of local economies.

“Our research paints a clear picture: small businesses are the backbone of the Canadian economy, but they’re under growing pressure,” said Harp Chatha, founder of SearchYVR. “From uncertainty around tariffs to a reduction in spending, business owners are facing complex hurdles that demand targeted policy and financial support.”

Key findings include:

• 21.5% of small businesses fail within their first year

• 84% of dollars spent at small retailers remain in the local economy

• PEI leads the country in small business concentration (48.7 per 1,000 people)

• Only 16.2% of small businesses expect sales growth in the next quarter

• Business confidence dropped to 47.3% as of June 2025, below the breakeven threshold

The article, titled “Canada Small Business Statistics 2025: Key Insights, Challenges & Trends”, is available now and includes an infographic summarizing the most important data points.

To read the full article and access the downloadable visual assets, visit: https://searchyvr.com/learn/small-business-statistics-canada/

About SearchYVR

SearchYVR is a near five-star–rated, Vancouver-based SEO and digital marketing service provider helping businesses grow through greater visibility on Google and beyond. SearchYVR combines technical SEO, content strategy, and now Generative Engine Optimization (GEO) to help clients get discovered across both traditional search engines and AI-powered platforms like ChatGPT, Perplexity, and Google’s AI Overviews. The agency works with startups, SaaS companies, local businesses, mid-market firms, and enterprise organizations across Canada, the U.S., and the UK, always with a focus on results, not hype.

Media Contact
Company Name: SearchYVR
Contact Person: Harp Chatha
Email: Send Email
City: Vancouver
Country: Canada
Website: searchyvr.com