Black-owned businesses in Canada, 2020
Description: Black-owned businesses in Canada, 2020
Region | Black-owned businesses | |
---|---|---|
Counts | Percentages | |
Atlantic provinces | 2,285 | 1.6% |
Quebec | 35,030 | 24.2% |
Ontario | 78,110 | 53.9% |
Manitoba | 3,265 | 2.3% |
Saskatchewan | 1,735 | 1.2% |
Alberta | 18,250 | 12.6% |
British Columbia | 6,050 | 4.2% |
Territories | 255 | 0.2% |
Total | 144,980 | Note ...: not applicable |
... not applicable |
In 2020, there were an estimated 144,980 Black-owned businesses in Canada, representing 2.4% of the total number of businesses in the country.Note 3
Black-owned businesses are more likely to be owned by immigrants, younger people, and the self-employed.
Percentage of Black-owned and non-Black-owned businesses, by owner characteristics
Immigrant status | Non-Black-owned businesses | Black-owned businesses |
---|---|---|
Non-immigrants | 75.0% | 35.5% |
Immigrants | 25.0% | 64.5% |
Gender | Non-Black-owned businesses | Black-owned businesses |
---|---|---|
Men+Note 4 | 63.9% | 67.3% |
Women+Note 5 | 36.1% | 32.7% |
Age group | Non-Black-owned businessesNote 2 | Black-owned businesses |
---|---|---|
24 years or younger | 1.8% | 2.9% |
25 to 54 years | 53.7% | 71.9% |
55 years or older | 44.4% | 25.2% |
Percentage of Black-owned and non-Black-owned businesses, by business characteristics
Non-Black-owned businesses | Black-owned businesses | |
---|---|---|
Self-employed (sole proprietorship) | 59.6% | 69.5% |
In 2020, close to 1% of federal business innovation and growth support (BIGS) went to Black-owned businesses. This represents approximately $42 million of the total $3.8 billion in federal funding through BIGS.
Black-owned businesses that received federal support through BIGS were more likely to be owned by immigrants (56.7%) than non-Black-owned businesses that received support (22.0%).
Sources: Statistics Canada, Business Linkable File Environment, 2020, Business Innovation and Growth Support, 2020, Census of Population, 2001, 2006, 2016 and 2021, National Household Survey, 2011, Longitudinal Immigration Database, 2020.
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