At present, there are over a million small and medium-sized businesses in Canada – and fewer than 16% are women-owned. However, studies show that advancing women’s participation in the economy could add up to CAD$150bn to Canada’s GDP by 2026.
To advance women’s economic empowerment, the Government of Canada has launched the Women Entrepreneurship Strategy (WES), a $2bn investment that aims to officially double the number of women-owned businesses by 2025. To reach this goal, the government has officially launched an Expert Panel on Women’s Entrepreneurship, which will seek to provide advice and identify opportunities and the challenges that women entrepreneurs face.
For more information visit Women Entrepreneurship Strategy