Canada’s Project Boom Could Generate $443B in Revenues for SMEs: BDC Study
The study says 67% of surveyed SMEs expect to increase their involvement as supply-chain demand grows across major project sectors.
- On Tuesday, the Business Development Bank of Canada and the Transition Accelerator released a report estimating major projects could attract $670 billion in investment by 2030, requiring approximately 280,000 Canadian SMBs to participate.
- These investments could generate $443 billion in cumulative economic activity, boosting Canada's GDP by 4.1% over the next four years across five key sectors including housing, energy, and defence.
- BDC surveyed 1,000 businesses and found 67% of SMEs involved in major projects expect to increase participation over 24 months, yet smaller firms face barriers including complex procurement processes and cash constraints.
- "This is going to be a major shift for the Canadian economy," BDC Chief Economist Pierre Cléroux told BetaKit, noting Canada must provide better information and support to bring smaller SMEs along.
- BDC President and CEO Isabelle Hudon stated that fostering acquisitions, partnerships, and productivity gains can help entrepreneurs scale, building a new generation of medium-sized companies to power Canada's economy.
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Canada's project boom could generate $443B in revenues for SMEs: BDC study
MONTREAL, Oct. 06, 2026 (GLOBE NEWSWIRE) — A new study from the Business Development Bank of Canada (BDC), conducted with support from the Transition Accelerator, estimates an additional $670 billion in investments could flow into Canada between 2026 and 2030 from planned major projects. Key findings: Major projects could attract $670 billion in additional investment between […]
Canada’s major projects boom is a big opportunity for smaller firms, but hurdles remain
Many of Canada’s small and medium-sized businesses (SMBs) are expected to ride the wave of the country’s major projects boom, provided they can overcome some key challenges. The news: A new report from the Business Development Bank of Canada (BDC) and the Transition Accelerator found that Canada’s big infrastructure push could attract more than $670 billion CAD in additional investment and boost the country’s gross domestic product by 4.1 percen…
The Toronto Star
Canada’s project boom could generate $443B in revenues for SMEs: BDC study
MONTREAL, Oct. 06, 2026 (GLOBE NEWSWIRE) -- A new study from the Business Development Bank of Canada (BDC), conducted with support from the Transition Accelerator, estimates an additional $670 billion
The BDC estimates that investments could reach up to $671 billion by 2030.
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