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Economic and fiscal performance of immigrant-owned firms in Canada

Huju Liu, Chaohui Lu, Haozhen Zhang and Jianwei Zhong

Economic and Social Reports from Statistics Canada, Analytical Studies and Modelling Branch

Abstract: Canada has one of the highest shares of immigrants among developed countries. According to the 2021 Census, immigrants made up nearly one-quarter (23.0%) of the population—the largest proportion among G7 nations—and this figure is expected to rise to almost 32% by 2041 (Statistics Canada, 2022). Immigrants also tend to have higher business ownership rates compared with those born in Canada (Green et al., 2016). Therefore, understanding the impact of immigrant-owned businesses on the Canadian economy is essential.

Keywords: Immigrant-owned firms; Canada; immigrant ownership; firm characteristics (search for similar items in EconPapers)
JEL-codes: J23 M21 (search for similar items in EconPapers)
Date: 2025-02-26
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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp8e:202500200002e

DOI: 10.25318/36280001202500200002-eng

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