Minister Monsef releases report to support women entrepreneurs through supplier diversity
September 21, 2017 – Ottawa, Ontario – Status of Women Canada
Through supplier diversity, we can meaningfully advance the participation of women entrepreneurs in the economy to the benefit of all Canadians. That’s why today, the Honourable Maryam Monsef, Minister of Status of Women, released a report commissioned by the federal government entitled The Business Case for Supplier Diversity in Canada.
The Business Case provides a summary of the benefits of increasing the participation of women and other diverse populations in the procurement supply chains of large organizations, and highlights promising practices to support this engagement. Supplier diversity is based on the concept that small and medium-sized companies owned by women and diverse populations can add value to large organizations and to their own businesses through mutually beneficial relationships. Diverse supply chains can reduce costs, enhance innovation and reach new markets through increased competition. With the release of this Business Case, prepared for the Government of Canada by the Conference Board of Canada, Status of Women Canada looks forward to continuing to work with federal partners and private sector to improve opportunities for diverse owned businesses in Canada.
“Our government is committed to increasing the participation of women throughout the economy. This report encourages corporations to engage women entrepreneurs through supplier diversity programs by demonstrating the benefits of diversifying the procurement supply chain. Evidence shows that diversified supply chains can only result in a stronger middle class, and a stronger Canada.”
The Honourable Maryam Monsef, P.C., M.P.
Minister of Status of Women
The Conference Board of Canada is a leading not-for-profit, independent, evidence-based applied research organization in Canada.
Status of Women Canada works to address systemic barriers to the full participation of women in all aspects of Canadian life with a focus on three priorities: increasing women's economic security and prosperity; encouraging women in leadership and decision-making roles; and, ending violence against women and girls.
Office of the Minister of Status of Women
Public Affairs Officer
Status of Women Canada
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