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On average, women earn just 69 cents for every dollar earned by men on an annual basis, even though about three-quarters of young women have a post-secondary certificate or degree. Even women who graduate from high-demand fields like science, technology, engineering, and math earn, on average, $9,000 a year less than their male peers. That’s not right and that’s not very smart either. Really, it's pretty dumb. And now, to fix this injustice, we're bringing in legislation to create pay equity in federally regulated industries and sectors. #FairChance
This is a major milestone for our Government – and a fulfilled promise on an important commitment to Canadians.
In Canada in 2017, for every dollar a man earned, a woman earned 88.5 cents. This wage inequality leaves women at a disadvantage, making it harder to pay bills or have savings for unexpected emergencies. Increasing women’s pay to be on par with men’s will increase women’s earnings by $92 billion.
That’s not just good for women, but good for the Canadian economy.
Our government is leading by example and we hope to see others in the public and private sectors follow suit.
Learn more about Pay Equity on the Government of Canada’s website.
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