Oliver Wyman prepared The Supply of Financing to Canada's Small and Medium-Sized Enterprise Market as requested for the Business Development Bank of Canada (BDC). The report identifies general trends and, more significantly, present and future deficiencies in the supply, quality, and extent of financing for Canadian small and medium-size enterprises (SMEs).
The primary segments of analysis involve:
- An overview of the structural trends in the Canadian SME market over the past decade from both a supply and demand perspective
- A summary of the trends observed among financial institutions engaged in the SME debt financing market
- A discussion of structural and cyclical deficiencies in the provision of credit and financial services to SMEs that may still be present over the next five to ten years
Our review of the data shows that the SME market is a large and significant component of Canada's GDP and exports, making the health and free flow of credit to SMEs an issue of profound significance to policy makers and the country as a whole.
The Supply of Financing to Canada's Small and Medium-Sized Enterprise Market can be accessed on the BDC's website (under the headline "Key reference documents") by clicking here.
