Women in Business report finds steady, slow progress

The 2025 Women in Business report by Doane Grant Thornton is now available.

The annual report promotes gender equality, tracks progress, identifies challenges and informs strategies for fostering a more inclusive and equitable business environment — ultimately leading to better business outcomes.

“In Canada, 34.7% of women hold senior management positions in small- and medium-sized businesses. It’s steady progress but still a significant distance to achieve parity,” Doane Grant Thornton stated. “It could take another 25 years for women to achieve equal representation in top executive roles, without accelerated change.”

The report also looks at external and internal challenges that affect leadership teams in mid-market businesses, which Doane Grant Thornton said “account for 98% of employer businesses in Canada, and 90% of businesses and two-thirds of jobs worldwide.”