Can more dreamers become doers? Fixing Canada’s entrepreneur shortage

When James Lynn lost his job early in the COVID-19 pandemic, he decided to pursue his dream of becoming an entrepreneur. It hasn’t been easy. “You know, entrepreneurship is like being in a maze, where you know where you want to go but you’re not exactly sure how to get there,” he said. “And there’s a ton of pitfalls.” Lynn is the founder of Kalū, an independent pet food-maker in Montreal. He leads a team of three, selling online and in 20 shops across Quebec, with plans to expand into Ontario next year. He makes cat and dog food, but as an entrepreneur, Lynn’s an increasingly rare bird. In a new report, the Business Development Bank of Canada (BDC) examined numbers from Statistics Canada a

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