The economy isn’t performing too well right now thanks to years of thoughtless growth followed by the hit of COVID-19. The people most hurt by the COVID-19 crisis are the most vulnerable. It’s been widely reported on how women have lost a lot of gains made in the workplace as the “traditional” household roles are now being put back on them. We can do better, and we know how to do better than this.
The previous decade of growth was made at the expense of the environment and people’s wellbeing, the current reboot of the economy doesn’t need to be thoughtless. This time around we can generate economic growth that includes everybody.
YWCA Canada and The Institute for Gender and the Economy at the University of Toronto’s Rotman School of Management have partnered to create a Feminist Economic Recovery Plan for Canada, which proposes a new path forward for Canada’s economy – one that focuses on changing the structures and barriers that have made some groups more vulnerable to the pandemic and its fallout than others. The report highlights 8 pillars for recovery with a focus on supporting the care economy, investing in social infrastructure and supporting women-owned businesses.