When Prime Minister Justin Trudeau announced his cabinet would reflect substantive equity through gender parity, it reflected not only that it’s 2015 but also good economic decision making.
Gender parity adds to the triple bottom line. As gender parity within the workforce grows so does the economy. According to an IMF study, greater gender parity increases a country’s economic growth. The IMF took a close look at India’s GDP. If gender parity is instituted in India’s workforce, then India’s GDP would expand to 27%. Learn more about how gender parity will spur India’s economic growth.