Q&A: Senator Daryl Fridhandler on why Canada needs to better support its smaller businesses

The Senate Committee on Banking, Commerce and the Economy recently tabled eight recommendations to improve “the backbone of the Canadian economy.” Canada’s long-term prosperity, productivity, and competitiveness rely on its small and medium-sized enterprises (SMEs), but structural issues are preventing them from reaching their full potential, according to a new study tabled by the Senate Committee on Banking, Commerce and the Economy. “That the capital exists in Canada to do everything we need t