Which form of business organization comprises the largest number of firms in Canada?

Question

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Sole proprietorships comprise the largest number of firms in Canada. According to Statistics Canada, in 2018, there were 1.18 million businesses in Canada, and 58.3% of them were classified as unincorporated (sole proprietorships and partnerships). Sole proprietorships, in particular, made up 37.3% of all businesses in Canada, followed by corporations (38.7%), partnerships (18.5%), and other types of firms (5.5%).

Which Form of Business Organization Comprises the Largest Number of Firms