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Business ownership by gender in Alberta

Business ownership by gender in Alberta

Posted on: 3/8/2019 | Author: ATB Financial's Economics + Research Team

It’s International Women’s Day, a great opportunity to examine female business ownership and labour force participation.

Women are slightly underrepresented in the province’s labour force, making up half (49.6 per cent) of our working age population in 2018 yet accounting for 46 per cent of the labour force.

The proportion of women holding a majority ownership in small and medium enterprises (SMEs) with employees was just 14 per cent in 2017. The gap reduces to 30 per cent when considering businesses owned equally between male and female owners. About 13 per cent of SMEs have female owners who have less than a 50 per cent stake in the company.

To learn more about women entrepreneurs in Alberta, listen to the latest Perch, the Podcast series. It includes interviews with Manjit Minhas, co-founder and co-owner of Minhas Breweries, Distillery and Wineries and Shannon Pestun, Director of Women’s Entrepreneurship at ATB Financial.

Do owls hibernate? Apparently not, but we all know this Owl is a bird of a different feather. So, in order to better serve your needs, The Owl is taking some time to recharge and retool. During a brief hiatus over the next few weeks, we’ll be reaching out to get your feedback on what’s working and what could improve. Feel free to connect and share your thoughts. And there’s no need to unsubscribe. The new and improved Owl will be flying back into your inbox soon.

Ownership of AB Business by Gender, pie chart​​​​​

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