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Owners: Canadian-Born Owners and Immigrant

owners: The Statistics Canada study, published Monday, drew on data collected from surveys in 2011 and 2014 on the financing and growth of small and medium-sized businesses in Canada, according to Toronto Star. Sean Kilpatrick / The Canadian Press Approval rates for debt financing or trade credit applications fall within about five percentage points for both immigrant and Canadian-born owners. Among other conclusions, it said there is weak evidence to suggest access to financial capital is more of an issue for immigrant owners of Canadian small and medium-sized businesses. Overall, both immigrant and Canadian-born owners have very high approval rates, the study's authors wrote. What still separates them are the reasons for rejection. The differences in approval rates appear to be relatively small and may be related to differences in firm or owner characteristics. ( As reported in the news.