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Canada is a global leader in female entrepreneurship with Alberta boasting one of the country’s highest rates of innovation-based activity, according to a new report.

The Global Entrepreneurship Monitor Canada report on women entrepreneurs found 10 per cent of Canadian women were involved in some type of early-stage business activity last year while another 8 per cent were involved in an established business.

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“Canadian women’s growing engagement in entrepreneurship in recent years has been nothing short of dramatic,” said the report’s author, University of Alberta professor Karen Hughes. “Over the past few decades, Canadian women have played a vital role in the significant expansion of entrepreneurship that we have seen across the country, launching businesses at much higher rates than ever before.”

Alberta’s rate for early-stage activity was 13.3 per cent for women and 22.6 per cent for men. For established businesses, it was 12.4 per cent for women and 13.8 per cent for men.