Canada's LGBT+ Chamber of Commerce
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Deloitte Business Survey Summary & Analysis

March 1, 2022

Deloitte LLP (“Deloitte”) has provided this report to Canada’s Gay and Lesbian Chamber of Commerce (CGLCC) as part of a project to survey a selection of Lesbian, Gay, Bisexual, Transgender plus (LGBT+) founded companies in Canada. Deloitte does not assume any responsibility or liability for losses incurred by any party as a result of the circulation, publication, reproduction or use of this analysis contrary to its intended purpose. This analysis has been made only for the purpose stated and shall not be used for any other purpose. Neither does this analysis (including references to it) nor any portions thereof (including without limitation the identity of Deloitte or any individuals signing or associated with this report, or the professional associations or organizations with which they are affiliated) shall be disseminated to third parties by any means or included in any document without the prior written consent and approval of Deloitte. Our report and work product cannot be included, or referred to, in any public or investment document without the prior consent of Deloitte.

The analysis is provided as of March 31, 2021 and we disclaim any undertaking or obligation to advise any person of any change in any fact or matter affecting this analysis, which may come or be brought to our attention after the date hereof. Without limiting the foregoing, in the event that there is any material change in any fact or matter affecting the analyses after the date hereof, we reserve the right to change, modify or withdraw the analysis but will not be obligated to do so. No opinion, counsel, or interpretation is intended in matters that require legal or other appropriate professional advice. It is assumed that such opinion, counsel, or interpretations have been, or will be, obtained from the appropriate professional sources. To the extent that there are legal issues relating to compliance with applicable laws, regulations, and policies, we assume no responsibility therefore.

The COVID-19 pandemic is constantly evolving, with information on economic conditions and public policies changing daily. Observations are made on the basis of economic, industrial, competitive and general business conditions prevailing as at the date hereof. We disclaim any undertaking or obligation to advise any person of any change in any fact or matter affecting this analysis, which may come or be brought to our attention after the date hereof. Without limiting the foregoing, in the event that there is any material change in any fact or matter affecting the analyses after the date hereof, we reserve the right to change, modify or withdraw the analysis but will not be obligated.

We believe that our analysis must be considered as a whole and that selecting portions of the analysis or the factors considered by it, without considering all factors and analyses together, could create a misleading view of the issues related to the summarized survey responses. Amendment of any of the assumptions identified throughout this report could have a material impact on our analysis contained herein. Should any of the major assumptions not be accurate or should any of the information provided to us not be factual or correct, our analysis, as expressed in this report, could be significantly different.

Note to reader: The acronyms and words used to describe 2SLGBTQ+ people and communities continue to evolve, reflecting the complex nature of all members of the LGBT2SQQIA* and other communities. Often, the terms gender and sexuality diversity (GSD) or sexual and gender minority (SGM) persons can be used to describe 2SLGBTQ+ issues and persons (for instance, variations of the acronym exist that include lesbian, gay, bisexual, transgender, Two Spirit, queer, questioning, intersex, asexual, and sometimes an asterisk or plus to indicate that other sexual or gender minority identities can be read in) (University of Winnipeg, 2021). In this paper, we use LGBT+ to align to the language in the survey.