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16,000 New Businesses Opened in Canada in October

New Business Data Factoid

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

About the data: the data presented in this report was summarized from ResponseCanadaTM Business, Canada’s largest and most up-to-date commercial database. To learn more about the database or for licensing information, contact sales@cleanlist.ca. 

Cleanlist is Canada’s largest customer data company. We clean, enrich, and validate business and consumer data. We’re also experts in data-driven document composition and Canada’s largest data provider for digital and offline marketing. To learn more, visit us at Cleanlist.ca

Your organization, your data, and your needs are unique. To find out what’s possible Cleanlist offers a free assessment to qualified organizations.

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