Jan 17, 2018

U.S.-Canada council calls for more support for female business owners

Photo: Jim Watson / Getty

The Canada-United States Council for Advancement of Women Entrepreneurs and Business Leaders, formed last year after a meeting between President Trump and Prime Minister Trudeau, released their first report today, calling for better financial support for women business owners and more incentives and encouragement for women to start small businesses.

What they want: 5% of prime private sector procurement contracts to be awarded to small businesses owned by women, Canadian procurement programs which make efforts to buy from women-owned businesses similar to the U.S., better maternity and paternity leave along with tax incentives to help lower the cost of child care, for networks and for businesses and professional networks to track gender representation.

Julie Sweet, Accenture CEO for North America and co-chair of the council, told Axios that she was most excited about the recommendation that Canada start procurement programs like in the U.S. "That was the goal, to find areas where our unique perspectives could identify opportunities that would really move the needle," she said.

Big picture: The council is made up of 10 American and Canadian women executives and business leaders who are using their experience to advise primarily the private sector and raise awareness for the inequality and hurdles women face in business world. This report touches on their first pillar of the council's 5-part strategy to attracting women to the workforce, reducing barriers and promoting women leaders. They will give their recommendations to President Trump and the Prime Minister Trudeau.

Ivanka Trump has already expressed her support for the recommendations presented by the council:

Go deeper with the full report.

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Tech can't remember what to do in a down market

Illustration: Rebecca Zisser/Axios

Wall Street's two-day-old coronavirus crash is a wakeup alarm for Silicon Valley.

The big picture: Tech has been booming for so long the industry barely remembers what a down market feels like — and most companies are ill-prepared for one.

Brace yourself for a coronavirus outbreak

Illustration: Aïda Amer/Axios

Public-health officials’ warnings about the coronavirus are sounding increasingly urgent, with one top CDC official asking the public yesterday "to prepare for the expectation that this might be bad."

Reality check: Other administration officials, including President Trump himself, were more subdued in their assessments. But underneath those tonal differences, the reality of the coronavirus is the same: It spreads quickly, and has already spread to many countries, making it likely to start spreading here, too.

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Exclusive: Pro-Trump group plans post-Super Tuesday blitz on Democrats

Democratic presidential hopefuls take the debate stage in South Carolina. Photo: Logan Cyrus/AFP via Getty Images

Pro-Trump super PAC America First Action is preparing to unleash a series of targeted, swing-state attacks on the Democrats most likely to face President Trump after Super Tuesday, people familiar with the group's plans tell me in an exclusive preview of its strategy.

The state of play: The group has been tracking favorable/unfavorable ratings in Florida, Georgia, Michigan, North Carolina, Ohio and Pennsylvania for 2020 candidates Joe Biden, Bernie Sanders, Elizabeth Warren, Pete Buttigieg and Michael Bloomberg — under the theory that if Trump wins each of these six states he would win re-election.