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

Nelson Innovation Centre to host pitch competition

Deadline to apply for the first of three events is Sept. 24

Creston Food Recovery Initiative saves 10,500 pounds of fruit from waste

The cherries and apples destined for the landfill were converted into 2,700 litres of juice

Lower Kootenay Band reclaims land on Highway 21

The Band signed a settlement agreement on July 31 and will receive $1.3 million from the federal government

Municipal climate caucus, founded in Nelson, meets for national online conference

The group consists of 294 mayors, councillors and regional directors from across the country

Creston farmer feature: Sunshine Valley Farms

Known for their organic eggs, the farm began selling free-range eggs in July

‘Don’t kill my mom’: Ryan Reynolds calls on young British Columbians to be COVID-smart

‘Deadpool’ celebrity responds to premier’s call for social influence support

Unofficial holidays: here’s what people are celebrating for the week of Aug. 16 to 22

World Photography Day, Black Cat Appreciation Day and Rum Day all coming up this week

Captain Horvat’s OT marker lifts Canucks to 4-3 win over Blues

Vancouver takes 2-0 lead in best-of-7 NHL playoff series with St. Louis

Widow of slain Red Deer doctor thanks community for support ahead of vigil

Fellow doctors, members of the public will gather for a physically-distanced vigil in central Alberta

Protesters showcase massive old yellow cedar as Port Renfrew area forest blockade continues

9.5-foot-wide yellow cedar measured by Ancient Forest Alliance campaigners in Fairy Creek watershed

Taking dog feces and a jackhammer to neighbourhood dispute costs B.C. man $16,000

‘Pellegrin’s actions were motivated by malice …a vindictive, pointless, dangerous and unlawful act’

Racist stickers at Keremeos pub leaves group uneasy and angry

The ‘OK’ hand gesture is a known hate-symbol

VIDEO: World responds to B.C. girl after pandemic cancels birthday party

Dozens of cards and numerous packages were delivered to six-year-old Charlie Manning

Most Read