November 13, 2023
Cleanlist reports that 16,478 new businesses opened during October in Canada, continuing a strong trend that’s apparent since May of this year. On a year-over-year basis, October start-ups clock in at an impressive rate of three-times that October 2022.
Let’s see where these businesses are opening up:
ON | 8,356 |
QC | 2,560 |
BC | 2,309 |
AB | 1,597 |
MB | 455 |
SK | 426 |
NS | 301 |
NB | 258 |
NL | 124 |
PE | 59 |
NT | 17 |
YT | 12 |
The Opportunity:
New businesses are in a growth and purchasing phase, often requiring employment and recruiting services, software, legal and accounting services, furniture and equipment, advertising and marketing services, office and warehouse space, and more. If your product or service is B2B focused, these new businesses are your future customers.
Monitoring new businesses can also provide insight into changes in the competitive landscape and to regional areas of growing or slowing development.
How to Get Started:
Every day, Cleanlist compiles and organizes the formation of new businesses in Canada. This data is available for annual licensing on a national or regional basis. Further filtering options by industry are also available.
by Donna Copelli, Cleanlist Product Specialist