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Economic and fiscal performance of immigrant-owned firms in Canada

Author

Listed:
  • Huju Liu
  • Chaohui Lu
  • Haozhen Zhang
  • Jianwei Zhong

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.

Suggested Citation

  • Huju Liu & Chaohui Lu & Haozhen Zhang & Jianwei Zhong, 2025. "Economic and fiscal performance of immigrant-owned firms in Canada," Economic and Social Reports 202500200002e, Statistics Canada, Analytical Studies and Modelling Branch.
  • Handle: RePEc:stc:stcp8e:202500200002e
    DOI: https://doi.org/10.25318/36280001202500200002-eng
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    References listed on IDEAS

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    1. Robert Fairlie & Alicia Robb, 2009. "Gender differences in business performance: evidence from the Characteristics of Business Owners survey," Small Business Economics, Springer, vol. 33(4), pages 375-395, December.
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    Keywords

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    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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