OWN YOUR FUTURE
DATA LIBRARY
1) Ownership creates jobs, especially in young firms and SMEs
Across OECD economies, young firms (≤5 years) represent ~20% of employment but create nearly half of new jobs. OECD: Measuring job creation by start-ups and young firms
In Canada, SMEs (1–499 employees) are the backbone of employment: ~63.8% of private-sector jobs are in SMEs. BDC facts , ISED KSBS 2024 PDF
Small businesses alone (1–99 employees) employ ~46.5% of private-sector workers (Dec 2023).
Novantum resolves this by engineering teams, not leaving them to chance.
A small share of young firms scale rapidly and account for a large fraction of job gains—evidence from the U.S. and OECD. Haltiwanger et al. , OECD high-growth firms
Immigrant-owned firms are significant job creators in Canada. Statistics Canada 2025—Economic & fiscal performance of immigrant-owned firms
Implication: Ownership doesn’t just “replace” a job, it creates one and often many more, particularly when ventures use proven, repeatable systems.
2) Ownership improves control and job quality
Self-employed Canadians report higher job satisfaction (avg. 8.1/10; 8.5/10 for those with employees) than employees (7.7/10). Statistics Canada
Ownership offers schedule and income control, and when paired with multi-client revenue streams and systemized operations, reduces reliance on a single employer. Understanding the group dynamics and success of teams
Implication: Owners can engineer working conditions and continuity rather than absorbing them passively.
3) Ownership can be more resilient through co-ownership and tested systems
Worker-owned and employee-owned firms often show higher survival and greater employment stability; they adjust wages rather than headcount in downturns. (Meta-analyses and country studies: Pérotin 2016 , ILO 2020
In Canada, first-year survival for new employer firms is high (~90.6% for 2021 births), and two-year survival for 2020 births was ~72.9%. Statistics Canada Entrepreneurship Indicators, 2024
Advisory/mentorship interventions correlate with higher post-support revenue and employment growth. Statistics Canada evaluation of Accelerated Growth Service
Implication: Co-founding structures and formal playbooks (SOPs, KPIs, revenue benchmarks) stabilize employment inside the firm. This is exactly how Novantum designs ownership: teams of three, proven models, and mentorship.
4) Why ownership works now: demand in essential, local services
Even as overall vacancies ease from 2022 highs, sales & service still represent the largest share of vacancies in 2025 (~28%). Statistics Canada JVWS, Q1 2025
Many “everyday” sectors food services, retail, personal services, construction, health & care have persistent hiring needs across cycles. See JVWS tables and sector reports: JVWS overview; Job vacancies by industry (Table 14-10-0372-01
Macro context: Canada’s labour market is choppy with sectoral “soft spots and strongholds. RBC Economics, July 2025
Implication: Building owner-operated firms in universal-need categories allows Canadians to step into demand instead of waiting for a vacancy to appear.
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