Canada Small Business Insights

This data shows changes in the sales and payments performance of small businesses in Canada.

A line graph showing the ups and downs in the Canada Small Business sales since January 2017.

Small business sales in Canada slowed to just 5.0% y/y in March 2022.

A line graph showing monthly metrics for time to be paid.

Small businesses waited an average of 27.5 days to be paid in March 2022, the fastest pace in 2022.

A line graph showing monthly metrics for late payments

Payments to small businesses were, on average, 6.6 days late in March 2022 - the shortest time since December 2021.

Latest update and data

The Canada Insights report

The latest on the state of small businesses in Canada.

Download launch report (PDF)

This month’s data

Download all the Xero Small Business Insights data in Excel format.

Latest data (ZIP file)


An explanation of the data and how the metrics are constructed.

Learn about the metrics

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