Thursday, June 22, 2017

How much does gender inequality cost Canada? $150B, report finds - CBC

by Pete Evens
Originally published: June 21, 2017
Publisher: CBC.ca 

Taking steps to fix gender inequality in the workplace could give Canada's economy a $150-billion shot in the arm, a major consultancy says.

In a report published Wednesday morning, the McKinsey Global Institute found that gender inequality in Canadian workplaces isn't just holding women back, it's bad for the economy as a whole.

Even incremental progress in getting more women into managerial positions, high-skill STEM (science, technology, engineering and math) fields, entrepreneurship, or even just into the workforce in the first place, could be worth as much as $150 billion more to Canada's economy by 2026.