Thank you so much.
As Maya has talked about, the folks most impacted in this crisis are folks who are already marginalized, such as minority women, newcomer women, immigrant women and women with disabilities.
What this crisis has shown us is that the old way of approaching things is no longer viable and is simply not enough. We need a new playbook to address the pandemic and its social and economic consequences. YWCA's work on a feminist economic recovery plan does just that. We launched it at the end of July. It offers a starting point and a road map for action for a better, more resilient economy that works for us all. There are several recommendations, but the one key piece of it I want to highlight today is child care.
In addition to the research that Maya pointed to, we saw in the U.K. that when you invest any amount of money in care, it creates 2.7 times more jobs compared with an equivalent investment in construction. This would translate into 6.3 times more jobs for women and 10% more jobs for men. When we're talking about the lack of adequate pay, as Maya did, investing in care and investing in decent work for care workers will actually help us all.
In the U.K., a 2.5% investment in the country's GDP could result in 1.5 million jobs. I know the government has talked about creating one million jobs. This is a small investment. What the research is telling us is that investment in care goes farther for families, for communities, for gender equality and, yes, for Canada's economic recovery.
The last thing I'll say is that often in times of crisis what gets us through is care and community. In terms of gender equality, we should invest in community-based organizations that make gender equality possible. What we'd like to see, from the YWCA's perspective, is investments in care and community. This would not only address the short-term impact of COVID-19, the gendered impacts, but also would set us up for success for decades and generations to come.
Those are my remarks, and I'm happy to continue the conversation in questions.