The National Bank of Canada’s 2020 report on family businesses reveals the marked presence of women at the head of these companies in Canada!

The National Bank of Canada (BNC) has just published its annual report on family businesses, entitled The Continued Outperformance of Family-Controlled Companies. This third study in the Family Advantage series reveals that family-controlled companies listed on the Toronto Stock Exchange have a higher rate of return than public companies with large shareholders. This superior performance is explained, among other things, by the long-term vision, the more reliable rotation of leaders and a stronger corporate culture put forward in these companies. In the report, which is based on 38 Canadian family businesses, we also discover that 13% of Canadian family controlled companies listed on the stock exchange are headed by women, while this percentage drops to 5% for all businesses listed on the Toronto Stock Exchange. To underline this discovery, the report turns its spotlight on nine female executives—including Christiane Germain of Groupe Germain Hôtel and Madeleine Paquin of Logistec—who testify to their professional paths and their management styles.

Read the article: ‘3 Key Takeaways From Women Leading Large Family Businesses In Canada’

Discover the NBC Family Advantage Fall 2020 report…