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This is What Was In Our Pre-Budget Submission to the Canadian Government

Last week marked another milestone for CanWCC’s COVID-19 advocacy work. On Friday, we submitted our Pre-Budget Submission to the House of Commons Standing Committee on Finance. In it are three recommendations to improve the economic outcomes for women-identified and non-binary entrepreneurs in Canada. CanWCC published an advocacy agenda to make sure the government is hearing the needs and priorities of …

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What Happens When You Join a Chamber of Commerce (Hint: 3 Things)

To say that this year, the world has gone through a shift in collective consciousness is an understatement. There’s never been a better time to join our chamber of commerce. If you’ve got challenges on top of challenges right now – you’re not alone. Nor should you be. Be honest, when you think of a chamber of commerce, do you think …

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3 Top Priorities for Women Entrepreneurs Right Now

Women, non-binary, and underrepresented entrepreneurs disproportionately bear the harsh impacts of COVID-19.  They already experience structural barriers to running their businesses pre-pandemic. 2020 has brought more challenges. They need our support now more than ever.  In May 2020, the Canadian Women’s Chamber of Commerce released a report called Falling Through the Cracks: Immediate Needs of Canada’s Underrepresented Founders.  256 women …

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Falling through the cracks, report: Women and minority business founders hit harder by economic impact of Covid-19

Full Report: canwcc.ca/covid-survey May 13, 2020 (Toronto, ON) – According to the final analysis from a nationwide survey of women, visible minorities, indigenous, LGBTQ+, refugee and immigrant entrepreneurs, there has been a greater economic impact from COVID-19 on these underrepresented business owners in Canada than on other segments of the population. The Falling Through The Cracks survey of close to …

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Canada’s Women Entrepreneurs Need A 21st Century RRSP Repayment Plan

“Save for your retirement. Put money in your RRSP. Don’t touch it!” This is the advice given to young Canadians so they have future savings and wealth. Well, I have a confession to make.   I liquidated my RRSP to self-fund my accounting business. I didn’t have wealthy friends and family to support me in starting up. There weren’t grants or …

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If You Thought The ‘Friends & Family Round’ Was Privileged, You’re Right

There’s a problem with the standard investment playbook and you already know it.  It’s called the ‘friends and family round’ of raising funding, and it’s only for the privileged few. It is recommended as the first step to funding a new business.  It’s got to stop. As a startup, you know that Angel Investors are the primary source of early …

Canadian Women Still Far Behind When It Comes To Business Growth

Canadian Women’s Chamber of Commerce marks second anniversary with a look at the reality of women’s business ‘empowerment’ “We’re not selling women empowerment. We’re working to make business equality a reality for all women-identified and nonbinary entrepreneurs.” Nancy Wilson, Founder & CEO, CanWCC Toronto, ON – It wasn’t until 1989 that women business owners in North America could ask for …