Government Operations committee They are 50% of new businesses that are started. Many of them are service-oriented businesses; we have to look at the sectors very much. It is true, and the profitable performance of these companies is also very positive relative to male-owned.
April 24th, 2018Committee meeting
Annette Verschuren
Government Operations committee The 7%.
April 24th, 2018Committee meeting
Annette Verschuren
Government Operations committee Yes, the profitability of companies that have women founders is 63% more profitable, from a 10-year study, so we know it can be done. It really can. One thing I would like to say is that the engagement of men is so extraordinarily important in this discussion. You have no idea.
April 24th, 2018Committee meeting
Annette Verschuren
April 24th, 2018Committee meeting
Annette Verschuren
Government Operations committee I don't know. Elyse, is the data on the private sector side that rigorous in terms of collecting data on—
April 24th, 2018Committee meeting
Annette Verschuren
Government Operations committee —procurement programs or diversity programs?
April 24th, 2018Committee meeting
Annette Verschuren
Government Operations committee Correct. That is one of the recommendations.
April 24th, 2018Committee meeting
Annette Verschuren
Government Operations committee It is a big problem. One of the biggest problems for SMEs across the country is the amount of regulation on everything. The complexity of applying for these things is extremely important. As we design anything in our government, I really believe the execution may be more importan
April 24th, 2018Committee meeting
Annette Verschuren
Government Operations committee In term of networking, there is such a small number of women in business today that finding that ability to network is challenging. Studies have also been done indicating that men are getting more concerned about networking with women in meetings, in private meetings and breakfas
April 24th, 2018Committee meeting
Annette Verschuren
April 24th, 2018Committee meeting
Annette Verschuren
Government Operations committee Thank you very much. Do we have 10 minutes together or just five minutes?
April 24th, 2018Committee meeting
Annette Verschuren
Government Operations committee Absolutely. We planned for this. Thank you very much, committee members, and thank you, Mr. Chair, for the invitation to appear in relation to the study on small and medium enterprises in federal procurement. Let us provide some background about ourselves and our work with the
April 24th, 2018Committee meeting
Annette Verschuren