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Members of the media may directly contact the following expert:
Barbara Orser (English only)
Professeure titulaire, Professeur Deloitte en gestion des entreprises de croissance 脿 l鈥櫭塩ole de gestion Telfer.
[email protected]
A recent found women-owned SMEs are, on average, taking almost twice as long to recover from financial setbacks associated with the pandemic compared to businesses owned by men and to all businesses, majority women-owned SMEs are more likely to pivot products or services, close temporarily or cancel contracts as a means to adapt to the pandemic. Over 65% of businesses majority-owned by women and 70.2% of all businesses reported a decline in revenue in April 2020 compared to April 2019.
Professor Barbara Orser developing a robust, inclusive recovery plan not only requires a policy reboot in Canada鈥檚 feminist recovery plans but also a better understanding of who our business leaders are.
鈥淭he pandemic has exposed a fragility in the social and economic gains that many women and other underrepresented groups of entrepreneurs have achieved. Canada鈥檚 feminist recovery plan requires broadening the view of entrepreneurship as economic activity to entrepreneurship as a means of social change. This means supporting all types of enterprises and not only high growth firms.
鈥淩ebranding any policy as feminist also infers that recovery policies must be underscored by a commitment to women鈥檚 economic empowerment and gender equality.鈥