In Canada, the number of women on corporate boards has grown by just 2.3% in the past two decades. “At this rate, Canada will not close the gender gap for another 228 years,” according to Canadian Center for Policy Alternatives (CCPA) research associate Kate McInturff.
This statistic comes from a new report from the CCPA which McInturff authored. The report was created using methodology developed by the World Economic Forum to calculate Canada’s overall score in the areas of health, education, economics, and politics beginning in 1993.
The report explains that while Canadian women are living longer than men and more women are graduating from post-secondary schools than men, everything changes after women graduate from those schools. In Canada, the more education a woman has, the larger the gender wage gap.
Today, women hold just 14.5% of corporate board seats for Canadian companies and only one women is included on Canada’s list of the top 100 CEOs.
The news isn’t all bad though. Women’s wages are growing as are promotions to senior management for women. The report states that the gender gap should close in wages and promotions in 71 years if the current rate of growth continues.
You can follow the link to download the complete report.
Read more about women, business, and the gender gap in Canada:
- Minuscule Increase for Women in Canada’s Financial Post 500 Senior Officer or Top Earner Ranks in 2012
- Gender Gap on Corporate Boards in Canada Creates Call for Quotas
- 36 Canadian Boards with No Female Directors
Susan Gunelius
Susan Gunelius is the Founder and Editor-in-Chief of Women on Business. She is a 30-year veteran of the marketing field and has authored a dozen books about marketing, branding, and social media, including the highly popular Ultimate Guide to Email Marketing, 30-Minute Social Media Marketing, Content Marketing for Dummies, Blogging All-in-One for Dummies and Kick-ass Copywriting in 10 Easy Steps. Susan’s marketing-related content can be found on Entrepreneur.com, Forbes.com, MSNBC.com, BusinessWeek.com, and more. Susan is President & CEO of KeySplash Creative, Inc., a marketing communications company. She has worked in corporate marketing roles and through client relationships with AT&T, HSBC, Citibank, Intuit, The New York Times, Cox Communications, and many more large and small companies around the world. Susan also speaks about marketing, branding and social media at events around the world and is frequently interviewed by television, online, radio, and print media organizations about these topics. She holds an MBA in Management and Strategy and a Bachelor of Science degree in Marketing and is a Certified Professional Career Coach (CPCC).
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