StatCan Research Beat: Women-owned enterprises in Canada
Release date: October 12, 2018
StatCan Research Beat - Women-owned enterprises in Canada - Transcript
(The Statistics Canada symbol and Canada wordmark appear on screen with the title: "StatCan Research Beat - Women-owned enterprises in Canada")
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Hi, I’m Elizabeth Richards.
(Text on screen below presenter: "Elizabeth Richards, Senior Research Economist.")
My colleagues at Statistics Canada recently published a report on women-owned enterprises. In this video, I want to provide you with an overview of the key findings and hopefully encourage you to read the study – a first comprehensive look at women-owned enterprises in Canada using administrative data. It informs on the contribution of women as entrepreneurs, job creators and drivers of economic growth. The statistics in this study provide us with a new way of measuring women’s contribution to the Canadian economy. The database used for this study currently includes information up to 2013 and represents an important first step by providing a historical perspective on women-owned enterprises in Canada. It will be updated as new information becomes available. On average, women-owned enterprises accounted for 18% of businesses from 2005 to 2013, while equally-owned enterprises, those owned by both men and women, represented 15%. While the share of women-owned private enterprises remains low, the number of women-owned enterprises increased at a faster pace than men-owned enterprises. Gender in business ownership varied considerably across the country. Women- and equally-owned enterprises were more common in Western Canada. British Columbia had the highest share, at 39%, while Quebec had the lowest, at 24%. If we look at the number of women-owned enterprises, from 2005 to 2013, Nova Scotia, British Columbia and the territories posted the strongest gains. By industry, women-owned enterprises were more common in services, such as education and health care, while men-owned enterprises were more common in the goods sector, like agriculture, oil and gas extraction and manufacturing. The share of women-owned enterprises was highest in education and lowest in construction. Services were also mainly responsible for growth in the number of women-owned enterprises from 2005 to 2013. Notable gains were observed for health care and educational services, partly offset by a decline in information and culture. Growth was also slower than for men-owned enterprises in construction and transportation and warehousing, traditionally male-dominated industries. In terms of employment size, women- and equally-owned enterprises were more common among smaller enterprises, those with fewer than 20 employees. Growth in women-owned enterprises was stronger for enterprises with 5 to 19 employees and for those with no employees for equally-owned. For more information on this study or on the database used, see the full report in the link below. We’ve just begun to explore the full potential of this database, so stayed tuned for more insights.
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Thank you.
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