Canadian entrepreneurs’ mental health has declined “significantly” over the past year amid rising costs and poor work-life balance, suggests a new report by the Business Development Bank of Canada (BDC).
The Crown corporation’s survey of some 1,500 small business owners found roughly 45 per cent of respondents reported feeling mental health challenges at least weekly, up seven percentage points from the previous year.
As well, more than half of the entrepreneurs surveyed cited inflation as a source of stress. A similar proportion, roughly 54 per cent, indicated a poor work-life balance was leading to negative mental health outcomes.
“Canadian entrepreneurs

