The Power of Small Business in Canada

The convenience and gas sector plays a critical role in keeping Canada connected. At the heart of this industry are small businesses—independent gas stations, corner stores, and distributors—providing essential goods and services across the country. These businesses not only support the local economy but also create jobs, offer convenience, and foster community connections, especially in remote areas.

Celebrating Small Business Month: October

As we observe Small Business Month this October, it’s the perfect time to reflect on the contributions of independent convenience stores and gas stations. These businesses are the lifeblood of Canada’s neighborhoods and highways, delivering everything from snacks and fuel to essential supplies. During this month, we recognize the resilience, innovation, and community spirit of small business owners—many of whom have weathered economic challenges to keep their operations running smoothly.

Small Businesses: A Key Economic Driver 

Canada’s economy is powered by 1.2 million small businesses, which represent 97.8% of all businesses in the country. Small businesses in the gas and convenience sector generate billions in annual sales and employ thousands of Canadians across urban and rural regions. Nearly 80% of gas stations in the country are independently operated, contributing to the $66 billion convenience store industry and playing a vital role in connecting travelers with essential products. 

The sector’s contribution goes beyond economic growth—it fosters community well-being. Many independent gas stations and convenience stores support local events, provide employment to residents, and build a sense of belonging within their communities.

The Role of Online B2B Platforms 

The growth of online B2B platforms has been transformational for small businesses, especially in the convenience and gas sector. Through digital tools, independent operators now have access to: 

• Bulk inventory and product diversity: Even in remote areas, store owners can source new products to meet changing customer demands. 
• Lower costs and better deals: Digital B2B stores offer discounts and allow businesses to minimize overhead costs. 
• Efficient logistics and stock management: Online platforms make it easier to track inventory and manage deliveries. 
• Overcoming geographical barriers: Remote operators can order supplies as easily as urban businesses, ensuring consistent customer service nationwide. 

These platforms help small business owners streamline operations, reduce costs, and stay competitive in an evolving marketplace.

SRP Canada: Supporting Small Businesses for Over 30 Years

For more than three decades, SRP Canada has been a trusted partner to small businesses in the convenience and gas industry. SRP Canada provides reliable product distribution, logistics support, and market insights, enabling businesses to thrive in both urban and remote locations. Their commitment to innovation and business growth ensures that independent gas stations and convenience stores remain competitive and responsive to consumer needs.

With SRP’s help, operators can focus on customer service, knowing their supply chains are well-managed and optimized. This partnership is especially important for remote businesses, where access to reliable suppliers is crucial for day-to-day operations.

The Future of Convenience and Gas Businesses

As the market continues to evolve, small businesses in the convenience and gas sector are well-positioned to embrace digital tools, diversify offerings, and adopt sustainable practices. Many businesses are already experimenting with eco-friendly products and electric vehicle (EV) charging stations, aligning with the growing demand for sustainability.

SRP Canada is proud to empower small businesses to the resources and support they need to adapt, innovate, and grow. With their dedication, small businesses will remain central to Canada’s economic success and community development.

A Final Word: Honoring Small Businesses 

This Small Business Month, let’s take a moment to appreciate the independent gas stations and convenience stores that keep Canada fueled and connected. Whether you’re stopping by for a coffee, filling up your tank, or grabbing essentials on a long drive, you’re supporting the small businesses that form the backbone of our economy and communities. With the right support, these businesses will continue to thrive and serve Canadians for generations to come.

SOURCE

1. Government of Canada, Key Small Business Statistics, 2023
   https://ised-isde.canada.ca
2. IBISWorld Report on Gas Stations with Convenience Stores: Insights on trends, revenue, and market dynamics in the sector
   https://www.ibisworld.com
3. Statistics Canada, Canadian Survey on Business Conditions, 2023 https://www150.statcan.gc.ca