Elavon: Visa small business outlook for Canada in 2022

Mississauga Board of Trade
Mississauga Board of Trade


May 20, 2022


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Author: Elavon

According to Visa’s Spring 2022 Small Business Pulse report, while the past two years have been very difficult for small businesses in particular, business owners project success for 2022 and are highly optimistic about the future.

  • On average in 2021, businesses across Canada saw their revenues grow 21 percent as compared to 2020, signaling strong growth.
  • Nearly 9 in 10 business leaders acknowledge that small businesses have been hurt more than others by COVID-19.
  • 65 percent of Canadian businesses believe the changes they have made during the pandemic mean they will emerge stronger than ever from COVID-19.

Click to read the full report.


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Mississauga Board of Trade
Mississauga Board of Trade
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