A weekly shot delivered to your inbox, with a brief, thought-provoking perspective related to equity, power, and access to capital.
Read past Equity Shots.
By creating spaces where engagement is a choice rather than an obligation, we have an opportunity to overcome polarization and make allies in unlikely places.
How do professional women navigate workplace barriers? Often, by fading into the background.
The financial inequality faced by Black Canadians has worsened over decades. These negative trends have no parallel in other communities of colour in Canada.
Race-based lawsuits are creating a chilling effect on capital deployers’ efforts to address disparities in funding.
The study explored the lavender ceiling—barriers blocking 2SLGBTQ+ people’s path towards leadership roles and board directorships—in corporate Canada.
“The road we travel is equal in importance to the destination we seek.”
Starting, even imperfectly, sets a precedent, creates momentum, and opens doors for improvement.
A Black founder noted that, to increase his chances of success, one of the most effective strategies he uses is turning off his camera during initial virtual investor meetings
In celebration of Asian Heritage Month, we dug deep to understand how capital flows to Asian and Pacific Islanders (AAPI), a diverse group of people that makes up roughly 20% of Canada’s population and an increasing share of newcomers.
Narinder Dhami moderated an intimate conversation with Kenneth Deer, an award-winning journalist, educator, and internationally renowned Indigenous rights activist, for some of our New Power Network members.
Women are more likely to be promoted to leadership roles when companies face crises.
Over the past years, we have heard many pledges to support diverse communities and innovative initiatives, yet the reality often falls short of these commitments. How do personal motivations, our networks and echo chambers lead to a skewed distribution that leaves many diverse groups overlooked and needs unaddressed?
New Power Labs’ senior advisor, Garrick Ng, had a New Power Talk with Devika Shah from Environment Funders Canada. Devika noted, “Postal code is an indicator of quality of life.”
A paper published by Havard suggests that diversity or anti-bias training alone does not reduce bias, alter behaviour or change the workplace, despite being widely implemented.
Social Capital Partners released the Billionaire Blindspot report, exposing Canada's significant wealth gap and urging policymakers to address inaccuracies in data collection to better understand and tackle wealth concentration.
Three steps leaders can take to adapt how we think about resilience, to account for biases and the resulting disparities.
In 2015, Canada was in the top ten of 95 countries in closing the gender parity gap. Yet, progress has stalled over the past decade — last year, Canada ranked 30th out of 146 countries.
My inspiration for Equity Shots originated from my daily reading of Seth Godin's blogs since 2015. See below for a recent one from Seth Godin that resonated.
Many fear that revealing unflattering diversity metrics would undermine their reputation and credibility. Is this true?
The first step to being a good person is letting go of being a good person. Instead, we should embrace being a good-ish person.
“The road we travel is equal in importance to the destination we seek.”
Starting, even imperfectly, sets a precedent, creates momentum, and opens doors for improvement.
A Black founder noted that, to increase his chances of success, one of the most effective strategies he uses is turning off his camera during initial virtual investor meetings
In celebration of Asian Heritage Month, we dug deep to understand how capital flows to Asian and Pacific Islanders (AAPI), a diverse group of people that makes up roughly 20% of Canada’s population and an increasing share of newcomers.
Narinder Dhami moderated an intimate conversation with Kenneth Deer, an award-winning journalist, educator, and internationally renowned Indigenous rights activist, for some of our New Power Network members.
Women are more likely to be promoted to leadership roles when companies face crises.
Over the past years, we have heard many pledges to support diverse communities and innovative initiatives, yet the reality often falls short of these commitments. How do personal motivations, our networks and echo chambers lead to a skewed distribution that leaves many diverse groups overlooked and needs unaddressed?
New Power Labs’ senior advisor, Garrick Ng, had a New Power Talk with Devika Shah from Environment Funders Canada. Devika noted, “Postal code is an indicator of quality of life.”
A paper published by Havard suggests that diversity or anti-bias training alone does not reduce bias, alter behaviour or change the workplace, despite being widely implemented.
Social Capital Partners released the Billionaire Blindspot report, exposing Canada's significant wealth gap and urging policymakers to address inaccuracies in data collection to better understand and tackle wealth concentration.
Three steps leaders can take to adapt how we think about resilience, to account for biases and the resulting disparities.
In 2015, Canada was in the top ten of 95 countries in closing the gender parity gap. Yet, progress has stalled over the past decade — last year, Canada ranked 30th out of 146 countries.
My inspiration for Equity Shots originated from my daily reading of Seth Godin's blogs since 2015. See below for a recent one from Seth Godin that resonated.
Many fear that revealing unflattering diversity metrics would undermine their reputation and credibility. Is this true?
The first step to being a good person is letting go of being a good person. Instead, we should embrace being a good-ish person.
As we enter 2024, we want to share our three most-read Equity Shots from 2023.
Understanding the barriers faced by necessity-entrepreneurs in the social finance ecosystem and the unique gaps they are addressing can help us level the playing field.
For every female director promoted, two female directors are leaving the workplace.
It's not enough to merely focus on moving forward; we must also stand our ground to limit the setbacks.
We are thinking about belonging and how it interacts with equity, diversity, and inclusion.
The right policy can help to unlock capital to underfunded leaders and communities.
Actions that are not intentionally designed to enable more equitable systems actually exacerbate unequal access to capital and further enable harmful structures and behaviours.
As pushback against equity work grows, the energy spent having to convince and defend lived experiences is taking a toll on mental health.
Seemingly small barriers can push our systems to fail those already marginalized. Better quality data helps unpack this context, but we need to be intentional about how we respond once we know more.
Ahead of the Day for Truth and Reconciliation, we reflect on the work needed to decolonize our systems.
The curb cut effect refers to the ways that adaptive designs end up rippling out to be useful beyond the communities they were designed to accommodate. We see this potential within the financial system.
Do individuals remain poor through bad choices?
Here, we continue to explore how power can impact capital flow decision-making.
What gets measured, gets managed. We pile up data for compliance and impact reports, and as systems get rolling, existing metrics become easier and cheaper to collect.
There are five years, three-hundred-and-thirty-seven days left to make the transition to renewable energy sources to keep within climate warming thresholds of 1.5 degrees celsius
Waiting until a majority of senior VC partners have raised more daughters to address gender disparity in the VC world is one way forward, but is this the most efficient or effective strategy?
Perceptions of affinity are often based on class, impacting our perception of risk and merit when making decisions around access to capital.
Participatory models can shift power in grantmaking and investing. World Education Services (WES) Mariam Assefa Fund’s participatory funding pilot brings insights relevant to all capital deployers.
Shifting from a helping mindset to a serving mindset can help us become more effective grantmakers and funders.
Not only are groups that are advocating and supporting 2SLGBTQIA+ communities receiving less funding relative to other causes, they are also being outspent by anti-gender proponents.
The question of who holds power in capital flow dynamics is crucial to New Power Labs’ theory of change.
What do we gain by letting go of binary thinking, and embracing the inherent complexity of shifting power in how capital flows?
Racial disparities in access to capital, healthcare, education, and other socioeconomic issues are interrelated. Systemic problems require systemic solutions.
Access to financial services is as vital as access to healthcare, yet many institutions overlook the underbanked. Innovative solutions show that progress is possible, and could be profitable.
African founders are disproportionately under-represented in VC funding across Kenya. It's not just a pipeline problem.
EDI roles diminished at a faster rate than non-EDI roles beginning in 2021, with continued acceleration during the mass layoffs of 2022.
Diversity initiatives that fail can teach us important lessons about mainstreaming these efforts for greater success, and remind us that one-and-done solutions won’t get us where we aim to go.
Systemic inequalities are exacerbating the impacts of climate change on overlooked communities, but the work between climate action and inclusion is inherently linked. By investing in climate solutions that center equity, we invest in better outcomes for all Canadians.
Data equity, aimed at making sure intersectionalities are represented more inclusively in datasets, may be a key component in helping capital deployers flow capital (grants and investments) more equitably. Alongside the profit opportunities, there are tangible social benefits.
Reframing scarcity as an opportunity could help make progress on climate action. We can look to the economic benefits of inclusion to support the conversation.
The data we have show that women and gender minorities remain underfunded and underrepresented across the capital spectrum. There are specific tools that can help us make progress.
Six holistic principles to remove access and success barriers for a more inclusive workplace.
We see encouraging signals of diverse fund managers investing in diverse communities, unlocking capital to underfunded and overlooked founders while creating positive financial returns.
How do we move beyond representation to shift power at the board and leadership levels?
Bold, visible, simple, often well-intentioned, pledges have become increasingly popular in the corporate world, but what about their impact?