Government of Canada announces investment that will help improve women's economic security in the Mauricie region - Canada NewsWire | Canada News Media
Project promotes employment for women byreducing systemic barriers such as those related to transportation, access to childcare or measures for family-work-studies balance
TROIS-RIVIÈRES, QC, July 13, 2020 /CNW/ – The COVID-19 pandemic is not a crisis like any other. Women have been hardest hit in terms of jobs lost, and they are also the ones who are doing more unpaid work, such as caring for children and the elderly. In addition, the majority of front-line workers in the fight against COVID–19 are women. This includes nurses, of course, but also orderlies and other workers in health, child care, food and social services.
The Government of Canada is committed to advancing gender equality and it recognizes the important role that creating more opportunities for women can play in empowering them in all aspects of Canadian life. By investing in projects that improve women’s economic security, we are helping to ensure that women, their families and communities can prosper—and this means a stronger economy for all Canadians.
That’s why today, the Honourable Pablo Rodriguez, Quebec Lieutenant and Leader of the Government in the House of Commons, on behalf of the Honourable Maryam Monsef, Minister for Women and Gender Equality and Rural Economic Development, announced an investment of $249,066 for a project that increases women’s economic security and prosperity in the Mauricie region.
La Table de concertation du mouvement des femmes de la Mauricie will be able to use this funding to support an initiative that reduces systemic barriers to employment such as those related to transportation, access to childcare or measures for family-work-studies balance. Project partners from key employment sectors are being assisted to adapt practices. The initiative also applies a Gender-based Analysis Plus (GBA+) to the advocacy platforms of at least one regional coalition so that it can better defend the rights of women in vulnerable situations, including newcomers and Indigenous women. In order to promote these changes, a regional intersectoral action plan is being developed and implemented.
This is one of more than 45 projects approved under the Women’s Program in two calls for proposals entitled, Support for Women’s Economic Security and Addressing the Economic Security and Prosperity of Indigenous Women. This project is building on ongoing efforts to support women’s economic empowerment and advance gender equality for all Canadians.
Quotes
“This project is so important because it is creating the best conditions for women to thrive in their careers – and their lives. By funding organizations like the Table de concertation du mouvement des femmes de la Mauricie, that work to eliminate the barriers holding women back, we are ensuring that all Canadians – regardless of gender – have a real and fair chance at success. Our government knows that when we invest in women, we accelerate economic growth for everyone.”
The Honourable Maryam Monsef, P.C., M.P. Minister for Women and Gender Equality and Rural Economic Development
“The funding for this project empowers women in vulnerable situations in the Mauricie region and across the province to secure a place in the workforce and gain economic security. We all have a role to play in advancing gender equality. Assisting key sectors in adapting their practices to break down systemic barriers benefits women and all Canadians.”
The Honourable Pablo Rodriguez, P.C., M.P. Quebec Lieutenant Leader of the Government in the House of Commons
“We know that there are several barriers for women to access employment. That’s why we are thankful for the federal government’s financial support. This project is allowing us to put in place concrete measures, such as more inclusive and equal conditions of employment, to give women in the Mauricie region a better place in the labour market.”
Joanne Blais, Director Table de concertation du mouvement des femmes de la Mauricie
The Government of Canada is investing $207.5 million in organizations supporting those who are most vulnerable to the COVID-19 pandemic—those experiencing homelessness and women fleeing gender-based violence.
McKinsey Global Institute estimates that by taking steps to advance equality for women—such as employing more women in technology and boosting women’s participation in the workforce—Canada could add $150 billion to its economy by 2026.
Women continue to be disproportionately affected by economic insecurity. When comparing median hourly wages of women and men aged 15 years and over working full-time in Canada in 2019, women earned just 88 cents for every dollar earned by men.[i] Women of core working age (25-54 years) are also more likely to work on a part-time basis, making up 73% of all part-time workers in that age bracket in 2019.[ii] Just over one-quarter (28%) of women of core working age working part-time reported childcare responsibilities as their reason for working part-time in 2019.[iii]
Economic security is composed of basic social security, defined by access to basic needs such as health, education and housing.
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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.
Calls for Proposals – Support for Women’s Economic Security and Addressing the Economic Security and Prosperity of Indigenous Women
On October 2, 2017, the Minister launched two calls for proposals. The first call for proposals, entitled Support for Women’s Economic Security, invited organizations to apply for funding for projects to address the economic security of women and help advance gender equality in Canada. More than 30 projects received a total of $10 million in funding through this call for proposals.
This first call for proposals is divided into two themes. The first theme is Building Partnerships to Address Systemic Barriers, which provides funding to address major barriers that limit women’s economic security. This theme includes, but is not limited to, the accessibility of childcare, the gender wage gap and pay inequity. The second theme, Increasing Private Sector Leadership and Investments in Women, encourages organizations to partner with the private sector to find innovative solutions that will help advance women’s economic security.
The second call for proposals, entitled Addressing the Economic Security and Prosperity of Indigenous Women, invited organizations to foster collaboration between Indigenous women, Indigenous organizations, their communities, and the private sector to support the economic security and prosperity of Indigenous women across Canada. Fifteen projects across the country received nearly $5 million in funding through this call for proposals.
Mauricie Region’s Project
Today’s announcement profiles one project in the Mauricie region for federal funding through the Support for Women’s Economic Security call for proposals:
Table de concertation du mouvement des femmes de la Mauricie
Project title: Women’s access to employment in Mauricie, a priority! Funding amount: $249,066
This 36-month project aims to improve access to employment for women, including newcomers and Indigenous women, in the Mauricie region. Through project activities, various systemic barriers on the path to employment for women in vulnerable situations will be reduced.
The project fosters the development of a consultation on the issue of women’s access to employment to better inform stakeholders, in particular elected municipal officials and project promoters, who will contribute to the implementation of the Mauricie region’s development priorities adopted in 2017.
The Table de concertation du mouvement des femmes de la Mauricie is working with partners in key employability sectors to assist them in adapting practices, and in applying a Gender-based Analysis Plus (GBA+) to the advocacy platforms of at least one regional coalition so that it can better defend the rights of women in vulnerable situations.
In order to promote these changes, a regional intersectoral action plan to improve women’s access to employment is being developed and implemented.
Recognized as a multisectoral regional women’s movement in the Mauricie region, the Table de concertation du mouvement des femmes de la Mauricie has been working to improve women’s living conditions since 1982. The organization is made up of various groups, committees and individual members from different backgrounds such as health and social services, local and regional development and collective advocacy.
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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 – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets climbed to their best week of the year.
“It’s been almost a complete opposite or retracement of what we saw last week,” said Philip Petursson, chief investment strategist at IG Wealth Management.
In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.
The S&P/TSX composite index closed up 93.51 points at 23,568.65.
While last week saw a “healthy” pullback on weaker economic data, this week investors appeared to be buying the dip and hoping the central bank “comes to the rescue,” said Petursson.
Next week, the U.S. Federal Reserve is widely expected to cut its key interest rate for the first time in several years after it significantly hiked it to fight inflation.
But the magnitude of that first cut has been the subject of debate, and the market appears split on whether the cut will be a quarter of a percentage point or a larger half-point reduction.
Petursson thinks it’s clear the smaller cut is coming. Economic data recently hasn’t been great, but it hasn’t been that bad either, he said — and inflation may have come down significantly, but it’s not defeated just yet.
“I think they’re going to be very steady,” he said, with one small cut at each of their three decisions scheduled for the rest of 2024, and more into 2025.
“I don’t think there’s a sense of urgency on the part of the Fed that they have to do something immediately.
A larger cut could also send the wrong message to the markets, added Petursson: that the Fed made a mistake in waiting this long to cut, or that it’s seeing concerning signs in the economy.
It would also be “counter to what they’ve signaled,” he said.
More important than the cut — other than the new tone it sets — will be what Fed chair Jerome Powell has to say, according to Petursson.
“That’s going to be more important than the size of the cut itself,” he said.
In Canada, where the central bank has already cut three times, Petursson expects two more before the year is through.
“Here, the labour situation is worse than what we see in the United States,” he said.
The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.
The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.
The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.
— With files from The Associated Press
This report by The Canadian Press was first published Sept. 13, 2024.
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.
