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Measuring the value of women’s contribution to the Canadian economy: New insights based on recent work

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  • Jeannine N. Bailliu
  • Danny Leung

Abstract

Women play a key role in the Canadian economy as workers, entrepreneurs and providers of unpaid household work. Women are important contributors to the labour market. In November 2022, the participation rate (85.1%) and the employment rate (81.6%) of core-aged women (aged 25 to 54) reached record highs. Women are also leaders and entrepreneurs. In 2018, over 5,000 of the 28,000 directors on the boards of corporations in Canada were women. They were also majority owners of 272,000 out of 1.3 million private enterprises and equal owners of another 208,000 in 2018. At the same time, women continue to perform the majority of household work. Over the 2015-to-2018 period, women accounted for 60.1% of the total hours of unpaid household work.

Suggested Citation

  • Jeannine N. Bailliu & Danny Leung, 2023. "Measuring the value of women’s contribution to the Canadian economy: New insights based on recent work," Economic and Social Reports 202300200001e, Statistics Canada, Analytical Studies and Modelling Branch.
    • Handle: RePEc:stc:stcp8e:202300200001e
    DOI: https://doi.org/10.25318/36280001202300200001-eng
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    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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