Boards still ignoring women

Number of women directors remains stagnate at 12 per cent
||Last Updated: 03/13/2006

The advancement of women to corporate director positions has been at a virtual standstill, a new report by Catalyst Canada stated.

Women now hold 12 per cent of director positions (508 of 4,225), a 0.8 percentage point increase since 2003, stated the survey of women on the boards of corporations on the Financial Post 500 list.

“The sluggish rate of progress demonstrated by many of Canada’s leading businesses pales in comparison to the robust domestic corporate climate these companies have experienced,” said Sonya Kunkel, Catalyst Canada senior director.