When we produce our annual Atlantic Canada Startup Data report, there are two sets of statistics that people usually find interesting because they're stark reminders of the perils of entrepreneurship: zombies and failures.
We found that 66 Atlantic Canadian startups failed in 2018, and we estimated there are the same number of zombies.
To put that in perspective, we were following 486 startups at the end of 2017, and in the coming year more than one-quarter of them were either out of business or raising questions about their prospects. And we think we may have been conservative on the