Only 5% of Canadian tech companies have female chief executives: report
TORONTO — A new report says just five per cent of Canadian technology companies have a female founder and a similar fraction have a woman as CEO, figures which suggest the industry’s gender diversity is lagging other sectors.
The study, co-authored by PwC, the MaRS Discovery district and non-profit MoveTheDial, also showed that women comprise 13 per cent of the average Canadian tech company’s executive team while 53 per cent of firms do not have any female executives.
The new figures released on Wednesday, based on research and analysis of more than 900 companies, suggest that there is less representation of women at the helm in the country’s tech sector than in the broader Canadian corporate world.
Jodi Kovitz, the founder of MoveTheDial, says that as technology becomes intertwined into every aspect of modern life, it is “critical” that both men and women, and other diverse views, have a voice in shaping its decisions.