The Government of Canada announces funding to increase the economic participation of women in Canada

TORONTO, Sept. 25, 2023 /CNW/ – Advancing ladies’s financial participation drives financial development, whereas boosting the earnings of Canadian households. Placing extra money again within the pockets of Canadian ladies, results in extra financial independence, whereas serving to to construct extra resilient communities.

At present, the Honourable Marci Ien, Minister for Ladies and Gender Equality and Youth, introduced $3 million over 4 years for the LEAP Pecaut Centre for Social Impression (LEAP) to extend the financial participation and prosperity of ladies in Canada, significantly these from equity-deserving teams.

The funding will assist the growth of TheFairness Alternative: Advancing Ladies’s Financial Nicely-Being undertaking, which first started in 2022. The growth will embody including two extra non-profit neighborhood service organizations (for a complete of eight) and offering extra assist for his or her applications. Their applications are designed to handle systemic obstacles that hinder the financial well-being of underrepresented ladies together with youth, at-risk people, Indigenous communities, newcomers, low-income ladies, and gender various folks.

Initiatives, akin to these, which might be funded by Ladies and Gender Equality Canada, proceed to assist the complete participation of ladies in financial, social and democratic life. The Authorities of Canada will proceed to collaborate with ladies’s organizations to assist initiatives that advance gender equality. 

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When ladies have equal alternatives within the workforce, economies thrive. Working with ladies’s organizations on the frontlines is vital to addressing the systemic obstacles that maintain various ladies, again. At present’s funding will ensure that LEAP continues to have the sources they should advance their work and assist those that want it most. As final week was Gender Equality Week, we proceed to mirror on our progress to advance gender equality in Canada and reaffirm our dedication to constructing a extra equal and inclusive nation the place everybody can attain their full potential.”

The Honourable Marci Ien, Minister for Ladies and Gender Equality and Youth

“Whereas Canada continues to make developments towards gender equality, as a rustic we can’t obtain our full potential when half the inhabitants can’t equitably take part within the economic system. The difficulty is complicated and rooted in obstacles to fundamental wants, social assist, training, and entry to the workforce. The Fairness Alternative addresses these complexities by bringing collectively social influence organizations and company and philanthropic companions with various views and approaches to satisfy the wants of ladies and considerably drive systemic change. LEAP is grateful to welcome WAGE as an vital accomplice in our collective efforts to put money into essentially the most promising interventions that advance ladies’s financial inclusion.”

Joan Dea, Board Chair, LEAP Pecaut Centre for Social Impression; Chair and Catalyst of The Fairness Alternative

“This funding dedication displays the shared priorities of The Fairness Alternative and WAGE’s Ladies’s Program, to make sure equitable entry for extra ladies and gender-diverse folks to advance their financial safety and prosperity – particularly those that are traditionally underrepresented. This undertaking builds on vital investments the federal government has made within the ladies’s sector, which has ensured there are organizations able to scale. The Fairness Alternative represents LEAP’s mission in motion, which is to catalyze large-scale social influence by deciding on, supporting, and scaling breakthrough social goal organizations and unleashing the potential of collaboration.”

Dr. Lorna Learn, Managing Director, LEAP Pecaut Centre for Social Impression

Fast information
  • Funds 2023 allotted $160 million over three years, beginning in 2023-24, for the Ladies’s Program to supply funding to organizations in Canada that serve ladies.
  • Ladies and Gender Equality Canada not too long ago launched two new concurrent requires proposals. Organizations are being invited to use for funding by the Ladies’s Financial and Management Alternatives Fund, which can assist tasks that enhance ladies and ladies’ financial safety and prosperity, and the Ladies’s Capability Fund, which goals to extend organizational and sector capability.
  • Whereas the nationwide poverty price is 8.1 per cent, sure teams of ladies have greater incidences of poverty together with: single moms (14 per cent); Indigenous ladies (12 per cent); and girls who’re Black and/or racialized (12 per cent). (Knowledge Supply: Statistics Canada).
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Comply with Ladies and Gender Equality Canada:

SOURCE Ladies and Gender Equality Canada

For additional data: Contacts: Nanki Singh, Press Secretary, Workplace of the Minister for Ladies and Gender Equality and Youth, 819-665-2632, ; Media Relations, Ladies and Gender Equality Canada, 819-420-6530,