OECD Workshop

1
OECD Workshop

• SME Data Collection
• Statistics Canadas Experience
• Presented by Terry Evers
• Director, Small Business and Special Surveys

2
Opening Remarks

• Work in Progress
• Challenges
• Budget and resources
• Definition of SME
• Information needs
• Identifying / linking data sources
• Standardizing definitions and concepts

3
Introduction

• Statistics Canada organization
• What lead up to identifying the need for data on
  SMEs
• Free Trade / Globalization / New economies (KBI)
  / Need for Innovation
• Economy driven to large extent by SMEs
• Need to know what impact SMEs are having on the
  Canadian economy

4
Early Data on SMEs

• Limited scope, specific objectives, partial
  picture of SMEs
• Funded by Provincial Governments and Industry
  Canada

5
Small Business Profiles

• Coverage Incorporated non-incorporated
  businesses (30,000 - 5M)
• Data Source Tax returns (CCRA)
• T2 electronic / T1 paper tax return
• Usage Enables firms to compare themselves to
  typical firms in same industry, revenue size
  province

6
Small Business Profiles (Cont.)

• Users Industry Canada, Finance Canada,
  Provincial and Territorial Ministries of Finance,
  businesses and consultants
• Data Availability Bi-annual since 1993
• Limitations
• Timeliness T1 sample size Industry level of
  outputs available

7
Employment Dynamics

• Coverage All employer businesses
• Data Source Administrative Data (T4 slips)
• Usage Business entry and exit job creation and
  loss by geographic area and industry

8
Employment Dynamics (cont.)

• Users Industry Canada, Provincial and
  Territorial Governments
• Data Availability Annually since 1996
• Limitations
• Latest data covers 1983-99
• Data is by establishment so hard to reconcile
  with labour statistics which is by enterprise

9
Small Business FinancingSupply Side Survey

• Coverage Enterprises 5M in finance leasing
• Data Source Administrative data from banks,
  finance companies, portfolio managers, venture
  capital companies, financial funds
• Usage / Users Discussed in T. Daviss paper on
  Needs from a Canadian User Perspective

10
Small Business FinancingSupply Side Survey
(cont.)

• Availability Reference year 2000 and 2001
• Limitations
• Using authorization size as proxy for business
  size
• Cant relate outcomes to Demand Side which is
  based on business size (employment)
• Excludes GBEs not-for-profit orgs angels
  foreign suppliers

11
Small Business FinancingDemand Side Survey

• Coverage 500 employees 50M revenue
• Data Source
• National sample survey of businesses to determine
  nature and outcome of requests for financing
• Follow-up survey of all businesses who indicated
  that they had requested financing (approx 25) to
  determine sources and importance of financing
• Usage / Users Discussed in T. Daviss paper on
  Needs from a Canadian User Perspective

12
Small Business FinancingDemand Side Survey
(cont.)

• Availability Reference year 2000 and 2001
• Limitations
• Sample sizes limits detail available on selected
  financing characteristics
• No data on importance of financing to failed
  start-ups and failed businesses

13
Next Steps

• Inventory of data on SMEs at Statistics Canada
• Reviewing direction and priorities for Small
  Business Financing Initiative frequency and
  scope of surveys
• Reviewing survey content
• Obtaining business size on Supply Survey
• Including attitude questions on Demand Survey

14
Next Steps

• Conduct more detailed investigations into other
  sources of financing (Angels, GBEs), Women
  Entrepreneurs, Importance of financing as it
  relates to business cycle (start-up, steady
  state, fast growth)
• Historical analysis using 3 years of data
  available from the Demand and Supply Survey