Crown Investments Minister Joe Hargrave says Saskatchewan Crown sector board memberships have a 53-percent representation of women in director positions – which is up from 44-percent earlier this year.
Minister Hargrave says all CIC Crown boards now have 50-percent women as well.
Ten-percent of board directors are of Aboriginal ancestry, including appointment of the first Aboriginal Board Chair; and 9-percent of board directors are of Visible Minority heritage.
“Saskatchewan has been very fortunate with the quality and dedication of CIC Crown board directors in the past, and the current candidates are no exception,” Crown Investments Minister Joe Hargrave said. “With this recent board renewal, we have not only achieved parity for women on boards, but have also made gains with Visible Minority and Aboriginal ancestry membership. These members bring expertise and insight that will only benefit their respective corporations and the sector as a whole.”
In October 2016, the Canadian Securities administrators reported nationally, of the 215 largest Canadian publicly-traded companies, 18-percent of board seats are occupied by women, up from 16-percent the year before.
Of 677 Canadian publicly-traded companies listed on the TSX, only 12 per cent of board seats are occupied by women.