New federal funding will help improve women’s economic security in Cape Breton
Project will help secure a better future for women by removing major barriers to economic stability in the region
June 1, 2018 – Sydney, NS – Status of Women Canada
The Government is committed to advancing gender equality and creating more opportunities for women in all aspects of Canadian life. By investing in projects that improve women’s economic security, we are helping to ensure that women, their families and communities can prosper.
Women continue to be disproportionately affected by economic insecurity. In 2015, women in Canada earned just 87 cents for every dollar earned by men. They are also much more likely to work on a part-time basis, making up 76% of all part-time workers, with 25% of women reporting childcare responsibilities as their reason for working part-time.
On behalf of the Honourable Maryam Monsef, Minister of Status of Women, the Honourable Mark Eyking, Member of Parliament for Sydney—Victoria and Chair of the Standing Committee on International Trade, today announced Government of Canada funding for a project that will increase women’s economic security in Cape Breton.
The Cape Breton Partnership will receive $297,700 in funding for their project, “Addressing Barriers to Successful Entrepreneurship for Women in Cape Breton”. This project will help more women achieve economic security through entrepreneurship by increasing their access to support services, programs and networks. Through this project, Cape Breton Partnership will create a community of practice for women entrepreneurs, analyze the existing support system using a gender lens, conduct consultations and focus groups, and develop a gender equity action plan, among other activities.
In October 2017, Status of Women Canada invited organizations to propose projects that support women’s economic security across Canada by addressing some of the root causes of inequality, including barriers such as access to childcare, pay inequity and the gender wage gap. Through this call for proposals, entitled Support for Women’s Economic Security, more than 30 projects have been approved for a total of $10 million in funding. Approved projects will unfold over a period of three years.This funding builds on our ongoing efforts to support women’s economic empowerment and advance gender equality for all Canadians.
“When women are without good jobs and stable incomes, we all bear the costs and consequences. Investing in the middle class and those working hard to join it means investing in women’s economic security so they, their families, and their communities can prosper. Our government knows that when we invest in women, we strengthen the economy for everyone, and that’s why these projects are so important: they are creating the right conditions for women to thrive in their careers – and their lives. By funding organizations that will target the barriers holding women back, we are ensuring that all Canadians – regardless of gender – have a real and fair chance at success.”
The Honourable Maryam Monsef, P.C., M.P.Minister of Status of Women
“When I think of the women of Cape Breton, I think of their passion, hard work, and resiliency. Yet, they still face unique challenges. I'm very pleased with the funding our government has provided to the Cape Breton Partnership, and the important work the Partnership will do to focus on addressing the barriers to success women face.”
The Honourable Mark Eyking, P.C., M.P.
Member of Parliament for Sydney—Victoria
and Chair of the Standing Committee on International Trade
“Entrepreneurship is a pathway to women’s economic security. Through this new funding, we are working to provide women entrepreneurs in Cape Breton with better access to support resources, programs and networks, so that they can create thriving businesses as successful entrepreneurs.”
Carla Arsenault, President & CEO
Cape Breton Partnership
RBC Economics estimates that adding more women to the workforce could boost the level of Canada’s GDP by as much as 4 per cent.
McKinsey Global Institute estimates that by taking steps to advance equality for women—such as employing more women in technology and boosting women’s participation in the workforce—Canada could add $150 billion to its economy by 2026.
Projects are being funded through the call for proposals, Support for Women’s Economic Security, which was announced in October 2017.
Economic security is composed of basic social security, defined by access to basic needs such as health, education and housing.
More than 30 projects will receive a total of approximately $10 million in funding under this call for proposals.
Funded projects address institutional barriers to women’s economic security including access to childcare, pay inequity and the gender wage gap.
The Women’s Program at Status of Women Canada supports eligible organizations to carry out projects to advance equality by addressing systemic barriers.
Office of the Minister of Status of Women
Status of Women Canada
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