Canada seeing surge in new startups amid COVID-19 pandemic, poll shows
Global News
A survey by Intuit, a global tech firm that makes software like TurboTax and QuickBooks, shows nearly a quarter of small businesses in Canada were started in the last two years.
A downturn seems like the worst time to start a business.
But just as the pandemic was upending the economy and forcing many small businesses to close, Carter Sullivan launched a startup.
Now the 24-year-old digital content creator and lifestyle influencer is on track to earn a six-figure salary.
“Everyone was trapped at home and I saw that my channel was growing and starting to become profitable,” the Ottawa resident said in an interview.
“I figured it was a good time to see if I could grow a hobby into a business.”
She’s not alone.
New research indicates the pandemic spurred an entrepreneurial boom in Canada.
A survey by Intuit, a global tech firm that makes software like TurboTax and QuickBooks, shows nearly a quarter of small businesses in Canada were started in the last two years.
