Joined: Apr 2007
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Women & Money Statistics - Toronto Star
6/9/2007 at 9:47 AM
Women and money
Source: Midland Walwyn, Statistics Canada and Chatelaine magazine
Toronto Star
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80 to 90 per cent of women, regardless of marital status, will have to handle their own finances at some point in their lives.
Between 1981 and 1991, the number of female contributors to RRSPs rose to 42 per cent from 31 per cent.
About 40 per cent of women own common or preferred stocks and 50 per cent own mutual funds.
Women occupy 40 per cent of all managerial and administrative positions in the Canadian work force and account for nearly 30 per cent of doctors and dentists.
Women are opening businesses at three times the rate of men.
Only 15 per cent of working women have a private company pension plan.
The average income for women working full-time in 1991 was $26,842, up 2 per cent from 1990. The average for men remained steady at $38,567. (Women earn less money, but have to save more because they will live longer.)
I am looking for more current statistics. But even for 1991 the wage gap is still alarming.