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Nov 21, 2023
Ottawa subsidizes entrepreneurship but only when performed by demographic groups it thinks deserve support
Last week, Justin Trudeau put out a statement to mark Global Entrepreneurship Week. “The Government of Canada,” he said, “is working to remove barriers so that entrepreneurship can continue to thrive.” That sounds nice, except for the “continue to” part: entrepreneurship has not thrived under his government at all. Statistics Canada reports that despite significant population growth between 2015 and 2022, the number of Canadians who were self-employed and who employed other people for pay fell 11 per cent. Contrast this decline in entrepreneurs to the 18 per cent growth in public sector employment over the same period. The two statistics are connected. Adding to government employment takes away money and resources that businesses and entrepreneurs need to establish themselves and grow.