Support for Black communities
Anti-Black racism is a malicious hatred that must be stopped. We all have a role to play in building a better Canada, free from racism, antisemitism, inequality, and inequity. According to a 2021 Abacus Data survey on Black entrepreneurship in Canada, the vast majority of Black entrepreneurs surveyed said anti-Black racism makes it harder to succeed and that access to capital was the top barrier to success.
Recommendation
Ensuring Black-owned businesses have access to credit and economic investment opportunities and increasing funding to support and strengthen them.
The Government of Canada introduced the Black Entrepreneurship Program in 2021 with an investment of $265 million over four years.