Building Black Businesses in Canada
FEBRUARY 2021 REPORT ON BUILDING BLACK BUSINESSES IN CANADA
This report was produced by the Canadian Black Chamber of Commerce with the support of Pitch Better and the Business Development Bank of Canada (BDC). Black business owners make significant contributions to the cultural, social, and economic fabric of this country, with the potential to achieve even more. Our firms are enthusiastic to provide an in depth report that addresses Black entrepreneurs in Canada, their experiences, and attitudes towards accessing capital.
About the Canadian Black Chamber of Commerce
The Canadian Black Chamber of Commerce is a non-profit of the cultural Chamber of Commerce. It was created to serve the purpose of Commerce, Black-owned Businesses, Entrepreneurship and Economic Development within our proud Black Communities across Canada.
We are a unique platform that promotes Black Business excellence through cultural and social dimension. We create effective business support and partnerships for our members that contribute to the Black diaspora and Canada’s economic prosperity.
There are businesses in our community that are under-banked or unbanked. We are pleased to present this report on research of the Canadian Black businesses. CBCC has identified data gaps relating to the Canadian Black-owned businesses and until now, there is no existing credible data on this subject.
As proclaimed by the General Assembly, the theme for the International Decade is “People of African descent: recognition, justice and development.”
At the Canadian Black Chamber of Commerce, our goal is to recognize Black-owned businesses and assist them in closing the data gap, to identify their businesses’ needs and to help them develop and support in finding the appropriate programs to ensure they perform effectively and successfully within the Canadian economy. This report is just the start.