Government of Canada announces investment in women's organizations in the Bas-Saint-Laurent and in the Gaspésie-Les Îles regions - Canada NewsWire | Canada News Media
Projects address capacity needs to allow organizations to continue promoting social and systemic changes towards gender equality
ESCUMINAC, QC, July 6, 2020 /CNW/ – The Government of Canada recognizes that, in recent months, the daily lives of not-for-profit and non-governmental organizations, including women’s organizations, have been particularly shaken as the COVID-19 pandemic added further pressure on their already limited and valuable resources. The Government of Canada is determined to continue to support them as best as possible.
Women’s organizations provide vital services in our communities, supporting women and girls to be financially secure, free from violence, and able to fully participate in all aspects of our economy and society. Yet for far too long they have been chronically underfunded, underestimated and undermined.
That’s why today, the Honourable Diane Lebouthillier, Minister of National Revenue, on behalf of the Honourable Maryam Monsef, Minister for Women and Gender Equality and Rural Economic Development, announced a total investment of $400,687 for three projects in the Bas-Saint-Laurent and in the Gaspésie-Les Îles regions.
All three projects are addressing the capacity needs of the organizations receiving funding, and are helping them to continue to promote social and systemic changes towards gender equality:
The Centre-Femmes Catherine Leblond in Trois-Pistoles received $133,579 to enhance their strategic planning capacity;
The Centre-Femmes du Grand-Portage in Rivière-du-Loup received $5,212 to increase their diversification of funding; and
The Table de concertation des groupes de femmes de la Gaspésie et des Îles-de-la-Madeleine in Escuminac received $261,896 to enhance their strategic planning capacity, increase their advocacy and mobilization capacity and develop new management tools, amongst others.
These are among the more than 250 women’s organizations and Indigenous organizations serving women across Canada receiving funding under Women and Gender Equality Canada’s Capacity-building Fund. This investment stems from the Budget 2018 announcement of $100 million over five years to support a viable and sustainable women’s movement across the country.
Quotes
“With our historic investments, we recognize the women and women’s organizations breaking through barriers and express our gratitude to those who have been doing this work for decades on little more than a shoestring budget. The women’s movement across Canada has been asking for a reliable, predictable and accessible source of funds to ensure the sustainability of their work. With stable and flexible funding, we are helping Centre-Femmes Catherine Leblond, the Centre-Femmes du Grand-Portage and the Table de concertation des groupes de femmes de la Gaspésie et des Îles-de-la-Madeleine to grow and thrive, because we know that investing in women’s organizations is an effective way to advance gender equality. By supporting a movement that has achieved amazing results, we are growing the middle class, strengthening families and communities, and creating lasting change that benefits everyone.”
The Honourable Maryam Monsef, P.C., M.P. Minister for Women and Gender Equality and Rural Economic Development
“I am proud that the Government of Canada is supporting organizations that are working hard to empower women and to ensure that their rights and interests are respected. The three organizations receiving funding today are standing out for their dynamism and for their dedication towards gender equality. These projects are making a real difference in the lives of women in the Bas-Saint-Laurent, in Gaspésie and in the Îles-de-la-Madeleine.”
The Honourable Diane Lebouthillier, P.C., M.P. Minister of National Revenue Member of Parliament for Gaspésie—Les Îles-de-la-Madeleine
“The Centre-Femmes Catherine-Leblond is greatly appreciative for this federal funding, which is allowing us to expand and further develop our strategic planning, helping to improve the lives of women in Trois-Pistoles.”
Louise Lebel, President Centre-Femmes Catherine-Leblond
“The Centre-Femmes du Grand-Portage is proud to receive this funding from the Government of Canada. Greater financial diversification is allowing us to increase our autonomy and financial potential and thus continue to support even more women in Rivière-du-Loup.”
Julie Provencher, President Centre-Femmes du Grand-Portage
“The Table de concertation des groupes de femmes de la Gaspésie et des Îles-de-la-Madeleine carries out many activities to defend the wellbeing of women and to respond to the major issues affecting them in our region. We are appreciative of this funding from the federal government as it helps to ensure the continuity of these important activities.”
Mireille Chartrand, Coordinator Table de concertation des groupes de femmes de la Gaspésie et des Îles-de-la-Madeleine
Quick Facts
As part of the COVID-19 response, the Government of Canada is investing $350 million in the Emergency Community Support Fund to support charities and non-profit organizations requiring financial assistance to address the pandemic.
Budget 2018 announced $100 million over five years to support a viable and sustainable women’s movement across Canada. Adding to this historic investment, Budget 2019 invested a further $160 million over five years, starting in 2019–20, in Women and Gender Equality Canada’s Women’s Program. This means that in 2023–24, the Women’s Program, which supports eligible organizations to carry out projects to advance equality by addressing systemic barriers, will total $100 million.
This funding will enable women’s organizations and Indigenous organizations serving women to tackle systemic barriers impeding women’s progress, while recognizing and addressing the diverse experiences of gender and inequality across the country.
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Backgrounder
Women and Gender Equality Canada – Women’s Program
One of the ways Women and Gender Equality Canada advances gender equality in Canada is by providing funding to eligible organizations through the Women’s Program. Projects are selected via calls for proposals on specific themes, as well as through a continuous intake process that allows the Women’s Program to address emerging issues as they arise.
The Women’s Program funds projects that address systemic barriers to women’s equality in three priority areas: ending violence against women and girls; improving the economic security and prosperity of women and girls; and encouraging women and girls in leadership roles.
Capacity-building Call for Proposals
In October 2018, Minister Monsef announced a Call for Proposals under the Capacity-building Fund of the Women’s Program. Projects at the local, provincial/territorial, and national level were eligible for different amounts of funding, based on their specific internal needs and reach.
On March 8, 2019, International Women’s Day, Minister Monsef announced that over 250 women’s organizations across the country would receive funding from the Capacity-building Fund.
The objective is to fund proposals that will increase the capacity of eligible women’s organizations and Indigenous organizations working to advance women’s equality, whose initiatives contribute to a viable women’s movement in Canada that advances gender equality. Funding will help to increase organizational capacity and help organizations work collectively to address gender equality issues. This funding provided the flexibility for organizations to apply for funding to address their specific capacity needs. The fund stems from the Budget 2018 announcement of $100 million over five years to help support a viable and sustainable women’s movement across Canada.
Bas-Saint-Laurent and Gaspésie-Les Îles regions’ Projects
Today’s announcement profiles three projects in the Bas-Saint-Laurent and in the Gaspésie-Les Îles regions for federal funding through the Capacity-building Fund:
Centre-femmes Catherine-Leblond Inc.
Project title: Looking to the Future Funding amount: $133,579
This 45-month project increases organizational capacity to allow them to continue to promote social and systemic change towards gender equality. Organizational capacity is being enhanced through greater strategic planning and improved management and communication skills.
The Centre-femmes Catherine-Leblond is a non-profit organization based in Trois-Pistoles that works to improve women’s living conditions. The organization offers women a place to belong and a place to transition, an alternative to isolation, as well as an education and action network. The organization proposes activities to promote egalitarian relationships between men and women, supports women in their efforts to achieve autonomy and denounces all forms of violence, prejudice and injustice against women.
This 12-month project increases organizational capacity to allow them to continue to promote social and systemic change towards gender equality. Organizational capacity is being enhanced through the diversification of their funding sources.
The Centre-Femmes du Grand-Portage is a non-profit organization based in Rivière‑du‑Loup. The organization aims to provide a place where women can meet and give each other the means to become independent, according to their individual needs. The organization aims to educate, raise awareness, prevent violence, mobilize and provide information on the status of women.
Table de concertation des groupes de femmes de la Gaspésie et des Îles-de-la-Madeleine
Project title: Equality, a shared responsibility Funding amount: $261,896
This 45-month project addresses organizational capacity needs to allow them to continue promoting social and systemic changes towards gender equality. Organizational capacity is being enhanced through the following activities: human resources management, strategic planning, partnership development, collaboration and networking, development of an advocacy strategy, implementation of results-based management, as well as the development of a mechanism for knowledge transfer.
The Table de concertation des groupes de femmes de la Gaspésie et des Îles-de-la-Madeleine acts politically to ensure that women’s rights and interests are concretely respected in various fields such as health, education and the social and economic development of the region. Their action is non-partisan. The organization carries out actions that characterize the collective defence of women’s rights, namely popular education activities focused on rights and democratic life, and mobilization and representation activities.
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SOURCE Women and Gender Equality Canada
For further information: Marie-Pier Baril, Press Secretary, Office of the Minister for Women and Gender Equality and Rural Economic Development, 613-295-8123; Media Relations, Women and Gender Equality Canada, 1-855-969-9922
TORONTO – Canada’s main stock index was down more than 200 points in late-morning trading, weighed down by losses in the technology, base metal and energy sectors, while U.S. stock markets also fell.
The S&P/TSX composite index was down 239.24 points at 22,749.04.
In New York, the Dow Jones industrial average was down 312.36 points at 40,443.39. The S&P 500 index was down 80.94 points at 5,422.47, while the Nasdaq composite was down 380.17 points at 16,747.49.
The Canadian dollar traded for 73.80 cents US compared with 74.00 cents US on Thursday.
The October crude oil contract was down US$1.07 at US$68.08 per barrel and the October natural gas contract was up less than a penny at US$2.26 per mmBTU.
The December gold contract was down US$2.10 at US$2,541.00 an ounce and the December copper contract was down four cents at US$4.10 a pound.
This report by The Canadian Press was first published Sept. 6, 2024.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in technology, financial and energy stocks, while U.S. stock markets also pushed higher.
The S&P/TSX composite index was up 171.41 points at 23,298.39.
In New York, the Dow Jones industrial average was up 278.37 points at 41,369.79. The S&P 500 index was up 38.17 points at 5,630.35, while the Nasdaq composite was up 177.15 points at 17,733.18.
The Canadian dollar traded for 74.19 cents US compared with 74.23 cents US on Wednesday.
The October crude oil contract was up US$1.75 at US$76.27 per barrel and the October natural gas contract was up less than a penny at US$2.10 per mmBTU.
The December gold contract was up US$18.70 at US$2,556.50 an ounce and the December copper contract was down less than a penny at US$4.22 a pound.
This report by The Canadian Press was first published Aug. 29, 2024.
The crypto market has recently experienced a significant downturn, mirroring broader risk asset sell-offs. Over the past week, Bitcoin’s price dropped by 24%, reaching $53,000, while Ethereum plummeted nearly a third to $2,340. Major altcoins also suffered, with Cardano down 27.7%, Solana 36.2%, Dogecoin 34.6%, XRP 23.1%, Shiba Inu 30.1%, and BNB 25.7%.
The severe downturn in the crypto market appears to be part of a broader flight to safety, triggered by disappointing economic data. A worse-than-expected unemployment report on Friday marked the beginning of a technical recession, as defined by the Sahm Rule. This rule identifies a recession when the three-month average unemployment rate rises by at least half a percentage point from its lowest point in the past year.
Friday’s figures met this threshold, signaling an abrupt economic downshift. Consequently, investors sought safer assets, leading to declines in major stock indices: the S&P 500 dropped 2%, the Nasdaq 2.5%, and the Dow 1.5%. This trend continued into Monday with further sell-offs overseas.
The crypto market’s rapid decline raises questions about its role as either a speculative asset or a hedge against inflation and recession. Despite hopes that crypto could act as a risk hedge, the recent crash suggests it remains a speculative investment.
Since the downturn, the crypto market has seen its largest three-day sell-off in nearly a year, losing over $500 billion in market value. According to CoinGlass data, this bloodbath wiped out more than $1 billion in leveraged positions within the last 24 hours, including $365 million in Bitcoin and $348 million in Ether.
Khushboo Khullar of Lightning Ventures, speaking to Bloomberg, argued that the crypto sell-off is part of a broader liquidity panic as traders rush to cover margin calls. Khullar views this as a temporary sell-off, presenting a potential buying opportunity.
Josh Gilbert, an eToro market analyst, supports Khullar’s perspective, suggesting that the expected Federal Reserve rate cuts could benefit crypto assets. “Crypto assets have sold off, but many investors will see an opportunity. We see Federal Reserve rate cuts, which are now likely to come sharper than expected, as hugely positive for crypto assets,” Gilbert told Coindesk.
Despite the recent volatility, crypto continues to make strides toward mainstream acceptance. Notably, Morgan Stanley will allow its advisors to offer Bitcoin ETFs starting Wednesday. This follows more than half a year after the introduction of the first Bitcoin ETF. The investment bank will enable over 15,000 of its financial advisors to sell BlackRock’s IBIT and Fidelity’s FBTC. This move is seen as a significant step toward the “mainstreamization” of crypto, given the lengthy regulatory and company processes in major investment banks.
The recent crypto market downturn highlights its volatility and the broader economic concerns affecting all risk assets. While some analysts see the current situation as a temporary sell-off and a buying opportunity, others caution against the speculative nature of crypto. As the market evolves, its role as a mainstream alternative asset continues to grow, marked by increasing institutional acceptance and new investment opportunities.
