Canada-U.S. women’s group created by Trudeau, Trump issues proposals
WASHINGTON • A Canada-U.S. women-in-business group created by Prime Minister Justin Trudeau and U.S. President Donald Trump released its first set of recommendations Wednesday, proposing more affordable child care and a new binational procurement initiative.
It’s the first of five anticipated reports from the Canada-U. S. Council for Advancement of Women Entrepreneurs and Business Leaders, created during Trudeau’s first meeting with Trump last February.
It is delivering its findings to the two leaders. This first report is on supporting women- owned businesses, and subsequent ones due through July will look at science education, attracting entrepreneurs, and improving access to capital.
This first report makes four recommendations: Affordable child care, getting startup- funding groups to measure and encourage women’s access to investment, diversity programs in private-sector supply chains and a new public-sector procurement initiative.
The procurement i dea calls on Canada to create a program like one in the U. S. where five per cent of public contracts are set aside for women- owned businesses, in sectors where women are under-represented.
It says the countries’ programs should be linked, with women able to qualify for the contracts in either country.
The report notes the differences between existing childcare policies in Canada and the U. S.: Canada has a national system allowing paid parental leave, unlike the U.S. But the report says access to day care remains a challenge in both countries.
“We recognize that Canada and the United States have taken different approaches to family policy and unpaid care work and do not suggest there is a ‘ one- size- fits- all’ solution,” said the report.
“In the United States, we heard women say that the high cost of childcare or inhome support prevented them f rom scaling their companies to their full potential. In Canada, we heard the need for more affordable quality child care programs... ( Solutions) could include things such as maternity leave policies and tax incentives. It could also include measures to level the playing field between caregivers — for example, paternity leave policies.”
The 20- page report lays out numerous gender disparities in the business world.
It points to the minuscule percentage of major companies owned by women. The percentage is even smaller in Canada than the U. S. Citing federal data from both countries, it notes that a mere 14 per cent of companies in the U.S. with 100-500 employees are female- owned, and just seven per cent in Canada. The numbers for smaller businesses are only slightly higher.