Results for 2013 (Canada and BC)
The data indicates:
• BC is in the middle for Canadian provinces in the perception of
good business opportunities;
• BC is at the high end for intentions to start a new business;
• 1st generation immigrants to BC start a new business at about the
same rate as 1st generation non-immigrants, which is higher that
the BC Total early stage Entrepreneurial Activity (TEA) rate;
• BC has a higher percentage of its population owning businesses
established for more than 42 months than the rest of Canada; and
• Canada and BC rank high in comparison with most developed
economies in terms of TEA. TEA is a measure of the degree of
entrepreneurship in an economy. The indicator is derived from a
number of variables collected through the APS.