London Has Ontario’s Highest Rate of Immigrant Entrepreneurship
Uncategorized
August 28, 2024
London Has Ontario’s Highest Rate of Immigrant Entrepreneurship
London leads other Ontario cities in the rate of business ownership among immigrants, according to 2021 Census data. During 2021, 19.5% of working-age immigrants living in London were business owners, compared with 12.7% of non-immigrant residents. By comparison, Ontario’s largest city, Toronto, had a 19.2% rate of business ownership among working-age immigrants, whereas 15.6% of non-immigrants were business owners. Other cities in the province of Ontario with high rates of immigrant entrepreneurship included Windsor (18 percent), Hamilton (17.9 percent), and Kitchener-Cambridge-Waterloo (16.2 percent). One reason that immigrant entrepreneurs are thriving in London is because the city has a strong small business support network. To read more, click here!
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