A generation of Canadian women poised for leadership roles is disappearing
pandemic brought the world to a standstill in 2020, we worried that women would be disproportionately affected, career-wise. Turns out, we were right to worry. In fact, it’s worse than we expected.2023 Annual Report Card on Gender Diversity and Leadership
Corporate Canada must take action – right now – to help promote gender equality, not just for its own sake but also for that of the wider economy. Studies have suggested that such a move could provide substantial increases to Canada’s GDP growth every year. The findings also reinforce that we must do more to improve the representation for women with an intersecting identity . Women of colour hold 9.4 per cent of women-held leadership roles, and while this is an increase from 2021 , there is still more work to be done. Indigenous women and Black women hold less than 1 per cent of these roles.
Reversing this trend is not just a social imperative – it makes good business sense for individual companies. Organizations that commit to increasing gender equality at the leadership level will be better able to build competitive and profitable businesses through attracting, retaining and promoting top talent.
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