Page 3 - WBE Canada

Canadian women-owned businesses are on the cusp of something great.

e’re seeing an increased number of women starting their entrepreneurial
journey or taking their businesses to the next level. This continuing rise

in women-owned businesses, in numbers, size and industry categories,
Whas brought along remarkable economic growth, improved innovation,

thriving local economies and motivation for many aspiring women business enterprises.

However, women-owned businesses still remain underrepresented in the economy;

their start-ups have lower growth rates and lower survival rates than their men-
owned counterparts. And every day brings new examples of how women are being

left behind by the world’s response to the pandemic. This clearly proves that despite

recent progress, the gap hasn’t been reduced and we need to maximize our efforts to
support Canadian women-owned businesses, more than ever.

At WBE Canada, our vision is to see empowered women-owned businesses with
equal access within corporate and public procurement. “We need to change the

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