Small businesses weathered recession better than large firms: Report

Employment fell 4.2 per cent compared to 5.5 per cent

Canadian small and medium-sized businesses (SMEs) weathered the recession well compared to large firms in the private sector, according to a report by RBC Economics. Overall, employment at private SMEs fell 4.2 per cent during the recession, in contrast to 5.5 per cent among larger private firms.

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