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Canada-wide | Partout au Canada
The 50 – 30 Challenge is an initiative recently launched by the Government of Canada and led by Minister Champagne, which is focused on developing a more diverse, inclusive and vibrant economic future for all Canadians. As you well know, research shows that diverse and inclusive companies, particularly those with diverse representation on their boards and at senior management levels, are more likely to outperform their peers, meet or exceed financial targets and more likely to achieve better business outcomes, such as profitability, productivity, and increased revenue.
The goal of the Challenge is to encourage organizations to reach 50% gender parity and 30% representation from under-represented groups, including racialized persons, those who identify as LGBTQ2, people living with disabilities, as well as First Nations, Inuit and Métis peoples, at the board and senior management levels. The target is aspirational over time, and the initiative is a voluntary initiative.
The Challenge allows a variety of organizations to participate across three separate program streams including large corporations, small and medium enterprises (SMEs) and non-profit organizations, as well as those without Boards of Directors or senior management teams. To assist participants, the Government of Canada is developing (with partners in the diversity community) a number of supports, such as a Toolkit, training and mentorship programs.
Sign on before International Women’s Day, Monday, March 8th.
Join the challenge today via the link below:
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