Bank buildings are photographed in Toronto’s financial district on June 27, 2018. A coalition of Canadian business leaders have announced a strategic partnership for a program to support Black professionals on Bay Street and elsewhere. THE CANADIAN PRESS/ Tijana Martin

Bank buildings are photographed in Toronto’s financial district on June 27, 2018. A coalition of Canadian business leaders have announced a strategic partnership for a program to support Black professionals on Bay Street and elsewhere. THE CANADIAN PRESS/ Tijana Martin

Canadian business leaders to pledge support for BlackNorth Initiative

The push to deal with systemic racism has gained strength in recent months

Leaders of several prominent Canadian companies will be gathering virtually this afternoon to provide more details of their BlackNorth Initiative against systemic racism.

A newly formed group of Canadian business leaders says it will develop concrete action plans to remove barriers that prevent the advancement of Black employees within their companies.

The BlackNorth initiative also says it will create conditions over the next few years to support the success of members of the Black community.

Among other things, the group is setting several specific goals, such as having at least 3.5 per cent of executive and board roles in Canada held by Black leaders by 2025.

The push to deal with systemic racism has gained strength in recent months in the wake of demonstrations held across Canada and the United States.

The initiative is supported by the newly formed Canadian Council of Business Leaders Against Anti-Black Systemic Racism and the Canadian Association of Urban Financial Professionals.

ALSO READ: B.C. Black-based group starts COVID-19 fund, urges officials to collect race-based data

The Canadian Press


Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

The University of the Fraser Valley Peace and Reconciliation Centre
UFV students hold online forum on peace and reconciliation

Two online sessions on Feb. 25 include student research

A new Fraser Valley food hub in Abbotsford will include shared kitchen space that can be accessed by small and medium-sized businesses. (Stock photo by Robyn Wright from Pixabay)
Almost $2M to support new Fraser Valley food hub in Abbotsford

Project being developed by District of Mission and Mission Community Skills Centre

The Hope Fire Department is sending a team up Hope Lookout in lieu of the traditional Climb the Wall event. The climb up the Lookout Trail is postponed until mid-March due to heavy snowfall. (Photo/Hope Fire Department)
HFD’s Climb the Wall event postponed due to heavy snow

This year’s climb now takes place on March 14 at the Hope Lookout Trail

Classroom chairs (Pixabay photo)
SD78 expecting fewer students in schools over next three years

The school district shared its projected enrolment numbers at the board meeting on Feb. 16

Nietzsche, the ginger cat who worked at The Book Man, poses for a photo on Sept. 7, 2017. He died on Monday, Feb. 22, 2021. (Jenna Hauck/ Chilliwack Progress file)
Famous Chilliwack bookstore cat, Nietzsche, dies

‘Every single thing you could want in a cat, Nietzsche embodied,’ says Amber Price

Dr. Bonnie Henry talk about the next steps in B.C.'s COVID-19 Immunization Plan during a press conference at Legislature in Victoria, B.C., on Friday, January 22, 2021. THE CANADIAN PRESS/Chad Hipolito
456 new COVID-19 cases in B.C., 2 deaths

Since January 2020, 78,278 have tested positive for the novel coronavirus in B.C.

A woman boards a transit bus through rear doors, in Vancouver, on Friday, March 20, 2020. THE CANADIAN PRESS/Darryl Dyck
TransLink slow to reveal crucial details about ransomware attack, says union

Union says company took months to admit what info was stolen, including SIN and bank account details

According to a new poll, a majority of Canadians want to see illicit drugs decriminalized. (THE ASSOCIATED PRESS)
Majority of Canadians think it’s high time to decriminalize illicit drugs: poll

More than two-times the B.C. residents know someone who died from an overdose compared to rest of Canada

Photograph By @KAYLAXANDERSON
VIDEO: Lynx grabs lunch in Kamloops

A lynx surprises a group of ducks and picks one off for lunch

(Black Press Media file photo)
B.C. residents can reserve provincial camp sites starting March 8

B.C. residents get priority access to camping reservations in province

Travis Selje with Rex, the family dog he got to enjoy for the final six months of his life. (Submitted photo)
Defence says evidence ‘compelling, overwhelming’ to acquit Surrey woman in deadly crash

Epileptic seizure caused fatal crash that killed Travis Selje, lawyer argues in final submissions

Two women were arrested in Nanaimo for refusing to wear masks and causing disturbance on a BC Ferries vessel. (File photo)
B.C. ferry passengers arrested and fined for disturbance, refusing to wear masks

Police said woman threatened their pensions in Feb. 21 incident aboard Nanaimo-bound boat

When his owner had knee surgery, Kevin, 2, was able to continue to go for walks thanks to volunteers from Elder Dog Canada. (Contributed photo)
B.C. woman has nothing but praise for Elder Dog Canada

National organization has a fleet of volunteer walkers ready, but needs more clients to serve

Justin Morissette is still recovering from the injuries sustained in the altercation. He is not yet able to walk without assistance. (Justin Morissette, Twitter)
B.C. man suing city and police over violent altercation with anti-LGBTQ preacher

Justin Morissette argues police knew the threat the preacher posed, and failed to keep the peace

Most Read