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Self-employment declining in Canada

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Self-employment is becoming less enticing for Canadians, according to research by RBC.

In fact, entrepreneurship rates in the country are down: in the '90s, 18 per cent of Canadians were self-employed, and now that number sits at 13 per cent.

As business reporter Nivrita Ganguly explains, high wages, soaring inflation and the pandemic have accelerated a decline in Canada's self-employment rate.

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Category
U.S. & Canada
Tags
global news, self employment, entrepreneurship
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