If we include the self-employed as ‘workers’, fully 98% of Canada’s private sector firms have less than 50 employees. Zero point one percent of firms have 500 employees or more. These large firms account for a little les than a third of private sector employment. They are large, hierarchical organizations.
Clearly the senior managers of these firms wield a great deal more influence than senior managers of our much smaller firms. You could realistically say that virtually ‘ALL’ of the influence exerted by Canada’s private sector comes from the largest of these firms. Canada’s 10 wealthiest families have significant ownership interests in about one third of Canada’s 3 thousand largest companies.
At the Main Street Journal we represent the interests of Canada’s smallest companies with fewer than 50 employees which make up half of Canada’s private sector employment – but are mostly ignored by policymakers.
