BRAMPTON (Ontario) – Every day, Black business owners and entrepreneurs make invaluable contributions to communities across the country, and their success is essential to Canada’s economic recovery and future prosperity.
The COVID-19 pandemic has highlighted and exacerbated existing systemic barriers faced by Black entrepreneurs and small and medium-sized business owners in Canada. While we have made progress in advancing equitable access to support and opportunities, much more needs to be done to better help Black business owners and entrepreneurs, and address anti-Black racism.
The Prime Minister, Justin Trudeau, announced investments of up to nearly $221 million in partnership with Canadian financial institutions – including up to nearly $93 million from the Government of Canada over the next four years – to launch Canada’s first-ever Black Entrepreneurship Program. This program will help thousands of Black business owners and entrepreneurs across the country recover from this crisis and grow their businesses.
The government is committed to working closely with Black business owners and Black-led organizations across Canada so that the new Black Entrepreneurship Program reflects the realities and needs of Black Canadians. The new program builds on the Government of Canada’s work to address systemic racism against Black Canadians. This includes taking steps to advance Canada’s Anti-Racism
Strategy, justice reforms, modern policing structures and standards, and enhanced local community supports for young Black Canadians.
The Government of Canada will continue to support Black entrepreneurs and create opportunities for Black-owned businesses so that they can recover from the economic impacts of COVID-19 and grow in the months and years to come.
“The pandemic has shone a light on the inequalities that disproportionately hurt Black Canadians, and has underscored the need to restart our economy in a way that allows all Canadians an equal chance to succeed. As we move forward, this program will help support Black entrepreneurs and create new opportunities for Black-owned businesses right here in Brampton West, so they are well-positioned for
our economic recovery.”— Kamal Khera, Member of Parliament for Brampton West and Parliamentary Secretary to the Minister of International Development
About Ms. Kamal Khera – Kamal Khera is a second term Member of Parliament for Brampton West since 2015 and currently the Parliamentary Secretary to the Minister of International Development. She has previously served as the Parliamentary Secretary to the Minister of Health (2015-2016), Minister of National Revenue (2016-2017), International Development (2017-Present). Ms. Kamal Khera, a registered nurse, she is passionate about improving the lives of those around her and is committed to being a strong voice for change for all residents in Brampton West. Ms. Khera serves on the Standing Committee of National Security and Public Safety