Obstacles to entrepreneurship in Quebec
We often hear that people in Quebec are less inclined to become entrepreneurs than other Canadians or Americans. This difference is sometimes attributed to cultural or religious factors that assigned a low standing to entrepreneurial activity. Although such factors may still have a certain influence, Quebec stands apart mainly because of regulatory and tax burdens that are higher than elsewhere and that penalize entrepreneurs.
Links of interest
Media release: Quebec’s tax and regulatory burdens deter the creation of new businesses, according to the Montreal Economic Institute