Canada: Ontario to close gender wage gap with ‘pay transparency’ bill

Ontario’s provincial government has announced, as part of their three-year $50 million plan to help women, that it will table a bill titled “Then Now Next: Ontario’s Strategy for Women’s Economic Empowerment”.

This new bill will force Ontario companies to not only include salary within job postings but also track and report what they pay workers categorized by gender and ethnicity.

According to Ontario’s government, women still earn 29% less than men despite the provinces 30-year-old equal pay legislation. According to Premier Kathleen Wynne, “we know that too many women still face systemic barriers to economic advancement… It’s time for the change”.

Part of this $50 million in funding will help with job training, supporting women centres, mentorship, and the creation of an entrepreneurial association for women.

Upcoming Events
Australian Lending Awards 2021
Sydney, NSW, Australia
See all upcoming events
Subscribe to receive insights delivered straight to your inbox
Latest news, unbiased expert analysis and insights across banking and finance