The Canadian Press

Feb 13, 2013

The number of mid-sized companies in Canada declined by 17 per cent from 2006 to 2010, according to a study by the Business Development Bank of Canada.

It says the number dropped from 9,370 to 7,814 during that period.

The study says the hardest hit sector was manufacturing, which saw more than half its mid-sized firms vanish between 2001 and 2010 from 2,807 to 1,381. The BDC study is based on Statistics Canada data and Harris-Decima surveys.