According to a recent CIBC report, Canadians age 50 and older have nearly doubled the amount of startup businesses in last 20 years. Statistics Canada showed that during the recession, employment for those in that age range increased by more than 100,000 people.
Entrepreneurs in Ontario should look into Toronto self storage for all their small business needs. A storage unit can even be used in place of an office, saving money on the high price for rent.
More than half of boomers in their 50s plan on working beyond the retirement age.
“Without a doubt, when we’re looking at those demographics, we’re seeing older workers interested in taking advantage of the skills and expertise they built in their careers,” Ben Brunnen, chief economist at the Calgary Chamber of Commerce, told Canadian Business. “Looking ahead, I see that trend continuing.”
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