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Entrepreneurship contributes significantly to Canada’s economy by driving innovation, creating jobs, and enhancing competition. Small and medium-sized businesses form a substantial portion of the business landscape, offering diverse products and services. Entrepreneurs play a key role in introducing new ideas and business models.
Government programs and financial institutions support entrepreneurship through grants, funding opportunities, and mentorship programs. These resources help new businesses establish themselves and grow within competitive markets. Accessibility to support services encourages innovation across multiple industries.
