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Entrepreneurship in Canada

Map of Canada

Entrepreneurship in Canada

Entrepreneurship in Canada

Canada boasts a world-class startup ecosystem, known for its innovation, government support, and high quality of life. The country is a leader in artificial intelligence, clean tech, and fintech, with strong university partnerships fueling cutting-edge research and development. Entrepreneurs in Canada benefit from favorable immigration policies, tax incentives, and access to funding through venture capital and government grants. Toronto, Vancouver, and Montréal are key startup hubs, hosting vibrant tech communities, accelerators, and global investors. With a stable economy, business-friendly regulations, and strong ties to the U.S. market, Canada is an ideal destination for entrepreneurs looking to build and scale their startups.

Canada boasts a world-class startup ecosystem, known for its innovation, government support, and high quality of life. The country is a leader in artificial intelligence, clean tech, and fintech, with strong university partnerships fueling cutting-edge research and development. Entrepreneurs in Canada benefit from favorable immigration policies, tax incentives, and access to funding through venture capital and government grants. Toronto, Vancouver, and Montréal are key startup hubs, hosting vibrant tech communities, accelerators, and global investors. With a stable economy, business-friendly regulations, and strong ties to the U.S. market, Canada is an ideal destination for entrepreneurs looking to build and scale their startups.

Canada founders in numbers

The cofounder landscape in Canada shows key patterns in startup activity and founder backgrounds. Among entrepreneurs in this region, 47% are exploring startup ideas, while 53% have committed to specific ventures. This mix of early-stage ideation and established projects shapes the Canada startup community. Demographic insights about Canada cofounders reveal a median age of 28.5, with an average of 33. The 25-32 age group makes up 40.8% of cofounders in Canada. These age groups bring varied experience levels to the Canada cofounder network. Skills and expertise among Canada cofounders show 43% with technical backgrounds in engineering and technology fields, while 57% bring business expertise in marketing, operations, and product management. This blend of abilities enriches the Canada startup ecosystem and creates potential matching opportunities. Popular industries for Canada cofounders include Education, Augmented Reality, Climate Tech and Pharmaceuticals. Many cofounders in Canada also speak multiple languages, adding global perspectives to the local startup scene.

Commitment Type

More than (47%) of Foundersbase founders in Canada, are exploring startup ideas, while (53%) are committed to an idea.

Has idea 47%

Age

The median age of Foundersbase founders in Canada is 28.5, while the average is age 33 with a maximum in the group of founders aging 25-32.

Type of Founder

About (43%) of Foundersbase founders in Canada are technical (Engineering, AI/ML), while (57%) are non-technical (Product, Marketing, Operations).

Technical 43%

Top industry interests

Discover the industries that Foundersbase founders in Canada are most passionate about.

Education
Augmented Reality
Climate Tech
Pharmaceuticals
Recruiting
Fashion
Research
Machine Learning

Top spoken languages

The majority of Foundersbase founders in Canada speaks English (95%).

English 95%
French 27%
Arabic 13%
Spanish 9%

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