2021 Canadian Private Capital State of Diversity, Equity, and Inclusion Report Released
The CVCA State of Diversity, Equity and Inclusion (DE&I) Report provides the first look at inclusion data in the private equity (PE) and venture capital (VC) sectors in Canada and areas that require improvement. With a benchmark of new inclusion data, private capital organizations can further create a culture that strives for equity and embraces, respects, accepts, and values differences.
The report, sponsored by BDC Capital, CIBC Innovation Banking, and The51, examines the results from a study conducted by Diversio in 2021 and provides the most accurate snapshot of the industry to date.
“While the CVCA report shows marginal improvements to DE&I across VC and PE in Canada, there is a massive financial upside to diversity and inclusion practices for funds and ventures. Activating diverse capital for diverse investment is Canada's venture capital opportunity today—let's invest in the world we want to see now and in the future.” - Shelley Kuipers, Co-founder & Co-CEO, The51