BMO survey: Students starting own business amid weak jobs outlook

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By The Canadian Press

The Bank of Montreal says some see their planned new business as a primary source of income while others see it as a secondary source.

Business News

[TORONTO, ON] - The Bank of Montreal says the entrepreneurial spirit is alive and well among young Canadians.

According to the bank, almost half of Canadian post-secondary students surveyed -- 46 per cent -- said they see themselves starting a business after graduation.

BMO says some see their planned new business as a primary source of income while others see it as a secondary source.

The findings came out of a survey conducted by Pollara, which asked Canadian post-secondary students about career prospects and their aspirations to own their own business.

The results found less than a third of those surveyed -- just 29 per cent -- were very confident they could find a job in their own field after graduation.

Among other findings of the survey: Males, by a margin of 53 per cent to 40 per cent, were more likely to start a business. Meanwhile, more males than females -- 38 per cent versus 22 per cent -- were also very confident of being able to find a job in their fields.

Organizations: Bank of Montreal

Geographic location: TORONTO

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