Statistics Canada collected data from 12,600 businesses that took part in an online questionnaire between April 3 and April 24 about how COVID-19 has affected them. The findings show that small businesses (fewer than 100 employees) were more likely to report that their revenues from Q1 were down by 20% or more (compared to Q1 last year) than those with 100+ employees. They also found that nearly 41% of businesses overall reported laying off employees, compared to 80% of small businesses. Small businesses were also more likely to request credit from financial institutions to cover operating costs due to COVID-19 and were slightly more likely to have their rent deferred.