“While Canadians are currently experiencing challenging economic times, GoDaddy research shows that women entrepreneurs in Canada are making significant strides. Our analysis up to Q4 2024, of over 770,000 Canadian small businesses, reveals that more than two-fifths (43%) are run by women, and nearly half (48%) of these female-led small businesses were started in the last five years. Notably, over one in four (26%) are the primary income earners for their households, and a third (33%) report that their small business generates more than $5,000 in monthly revenue.
Today, turning an idea into an online business is more accessible than ever, allowing women to compete alongside larger companies. With the emergence of user-friendly, AI-powered tools, like GoDaddy Airo, small business owners can efficiently create their digital presence such as a domain, logo and website, freeing up valuable time to focus on their core business. These advancements, combined with an increasing array of resources and guidance, are encouraging Canadian women to explore their entrepreneurial aspirations. For those who have been considering taking their ideas to the next level, the current landscape offers exciting possibilities to bring those dreams to life.”
Young Lee
Market Lead at GoDaddy Canada
Young Lee is a seasoned marketer with over 19 years of extensive marketing experience in the technology industry. Due to her personal entrepreneurial endeavours and growing up with a family that ran a small business for many years, Young has a passionate connection when seeing small business owners thrive doing what they love. Currently at GoDaddy, she leads the Canadian business as Market Lead, helping small businesses grow using GoDaddy products and tools.
