The Prosperity Project: How to Fix the Scarcity of Women in the Pipeline to Leadership
The Prosperity Project (TPP), incepted in April 2020, was conceived to mitigate the impacts of the COVID-19 pandemic on women in Canada. In 2023, we turned our attention to identifying and eliminating the entrenched barriers and biases that impede women’s advancement, limiting their, and Canada’s, opportunities for increased prosperity.
Our Annual Report Card on Gender Diversity and Leadership (ARC) is the only annual diversity study in Canada that measures intersectional gender-disaggregated data at four different levels of leadership.
What does that mean? We look at the number of Black women, Indigenous women, women of colour, women identifying as having a disability, and 2SLGBTQIA+ women at each of these levels: pipeline to senior management, senior management, executive officer, and corporate director.
An alarming trend is surfacing: the pipeline of women in Canada moving toward leadership roles has not recovered since the drastic drop during COVID-19.
Why? Many women in corporate Canada don’t see the benefits of seeking advancement. Our Canadian Households’ Perspective surveys show that women are plagued by burnout and stress, but most importantly, they feel undervalued, unsupported, passed over for promotions, and underpaid compared to their male counterparts.
In 5 to 10 years, who will be sitting around your decision-making table? It’s time companies invest in women to accelerate progress.
Thank you to our partners.
Perspective surveys show that women are plagued by burnout and stress, but most importantly, they feel undervalued, unsupported, passed over for promotions, and underpaid compared to their male counterparts.