CPABC Industry Update Winter 2014 | Page 5

SIZE BETWEEN 2008 AND 2012, the number of small businesses in British Columbia climbed # 1 SMALL BUSINESSES PROVIDE 1.2% 55% of all private-sector jobs in BC — the 2nd highest share in Canada. Real estate led all sectors for small business growth in BC (2007-2012). BC leads Canada in the number of small businesses per capita. THE KOOTENAY and NORTHEAST 96% of BC’s high-tech businesses have fewer than 50 employees. -16.3% -14.1% regions experienced the largest decline in the # of small businesses (2007-2012). BC’S SMALL BUSINESSES GENERATED ~26% Regions with most growth in # of small businesses (2007-2012): Thompson-Okanagan (5.3%) and Vancouver Island/Coast (3.2%). of the province’s GDP in 2012 EXPORTS British Columbia’s small businesses shipped approximately $12.2 billion worth of merchandise to international destinations in 2011, accounting for almost 42% of the total value of goods exported from the province. 85% 1.4% but only of all exporters in BC are small businesses (firms with fewer than 50 workers). of BC’s small businesses are involved in exporting goods to