Barriers to small business creations in Canada

This paper seeks to extend the studies of Hatala (2005) and Choo and Wong (2006) related to the barriers to new venture creations. Individuals from Canada were surveyed to find out the barriers to small business creations. This study utilised survey research (a non-experimental field study design). Results show that lack of capital, lack of skills, perception on capital losses, lack of confidence and compliance costs create barriers to start-up a small business in Canada. This paper offers useful insights for the Canadian Government and investment advisors based on empirical evidence.