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Newspaper
Chetwynd The Echo
Location
Chetwynd, British Columbia, Canada
Date
Oct 26, 1992
Page
5
Canada hosts about 1 million registered firms in a population of 26 million. Small firms under 50 employees provide around 40 percent of jobs, and those under 50 employees yield 81 percent of net new jobs since 1979. Since 1983-84, roughly 150,000 new small businesses start each year. Many are owned by women or run by first generation Canadians.
Since 1946 about 88 million applications worth over 200 billion dollars have been made, with 1 in 3 households owning CSBs and 33.6 billion outstanding. Over 46 years Canadians bought 31.5 billion through Payroll Savings, last year's sales exceeded 2 billion, and 1.2 million joined the plan with an average 1632 per purchase. The 1992 Series S47 pays 6.00 percent first year, with future rates set at release. By November 1, 1992 most pre-1986 bonds mature. new CSBs available Oct 19 through Nov 2, 1992, at face value.
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