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Services , PayPal . “ With PayPal Complete Payments , our most advanced offering in the market , we ’ re committed to simplifying the complexities faced by small business owners in Canada . Our comprehensive solution fosters growth , provides advanced fraud protection and streamlines cross-border trade , empowering entrepreneurs to thrive .”

Recent research shows there were over 70,000 reported cybersecurity incidents in Canada in 2023 , marking a 25 % increase from the previous year . In a world where cybersecurity risks continue to be a threat , tackling the dayto-day responsibilities of operating a business online isn ’ t the only thing Canadian small businesses have to worry about .

sell online are continuing to seek different strategies and tools to increase their impact . This motivation comes from more than half ( 61 %) of online small business owners who believe the future is bright in Canada .

To compete on the global arena , many are looking to expand beyond domestic borders and be a part of the global small business community , with 42 % anticipating an uptick in international sales this year . This builds on the 40 % who report that cross-border sales have helped contribute to revenue growth in the past year . �

Nearly half ( 46 %) report they do not feel prepared about their ability to protect their business and customers from fraudulent transactions . This is in addition to 43 % who are worried about their ability to manage and protect customer information online .

Looking ahead

Despite the sentiment around short-term growth , Canadian small businesses that