Fraser Institute and Statistics Canada

Canada: This is a catch-all ASF view; only displays when an unsupported article type is put in an ASF drop zone The Amazing Space Video: Scooters welcome at Linked In new Toronto office The Globe and Mail Video Video: Amazing Space: Take a tour of Twitter Canada new digs The Challenge Video: Making drumsticks in a small New Brunswick town There an inevitable headwind against entrepreneurship, which is this demographic change, says Jason Clemens, executive vice-president of the Fraser Institute and co-author of the report, according to Globe and Mail. The report, based on data from Statistics Canada, found that in 2004 there were 17.9 new firms for every 100 existing businesses. A recent study released by the Fraser Institute suggests that the demographic shift towards an older population is already dragging down the number of new businesses starting in Canada. By 2012, that number had dropped to 15. In 2009, there were 120 children for every 100 seniors in Canada, according to Statscan. This decline correlates with a 15 per cent increase in the proportion of Canadians over age 65. (www.immigrantscanada.com). As reported in the news.