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Perceptions of women’s leadership in Canada are strong
With a score of 81, Canada ranks first of all countries studied in the Reykjavik Index for Leadership, which was established to quantify both women’s and men’s levels of comfort with women’s leadership. (A score of 100 indicates complete agreement that men and women are equally suited to lead.)
While confidence in Canadian women is strong, a study published by the Royal Bank of Canada in July 2020 found that within months of Covid lockdowns, women’s participation in the workforce fell from a historic high to the lowest level in 30 years.
Canada, like every country studied, is a nation where women experience ongoing discrimination that constrains their ability to exercise their potential as leaders.
Less than 20% of people working in fintech in Canada are women
Less than 20 percent of people working in fintech in Canada and less than 10 percent of those on the executive teams are women according to itbusiness.ca.
However, Canada’s index score for the field of high tech and artificial intelligence is 85 and for banking is 87, indicating that a higher visibility of leaders like Eva Wong could create a role-model effect and increase the participation of women in those fields.