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Prime Minister of Canada Announces Support for Black Entrepreneurs and Business Owners

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, today 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 program will include:

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F.L.O.W: Financial Literacy for Women, -an initiative of Whole WoMan Network

 

“Money has some rules attached to it. And if you follow the rules, you’re going to have more stability in your life than if you don’t follow the rules.

Doesn’t matter if you’re a man or a woman.

The rules are the same: You need to have a plan for how you use your money, you need to have a healthy credit identity, you need to have emergency money and some insurance.

I think it’s really important that we come to realize that life is about balance, or even more so, how to integrate all aspects into a fulfilling and enriching experience. It is not zero-sum; life is not all or nothing.

It’s not spending every waking moment thinking about money or spending no time thinking about money, Managing money isn’t really that hard.

It requires some discipline and there is some detail involved, but in reality it doesn’t take that much time and the payback is huge.” ~Gail Vaz-Oxlade

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2018: WWN™ Financial Literacy & Leadership Training Program For Women

flowlogo_financiall4w_dec13Join us from January 15th, 2015, for a series of upcoming Experiential Financial Literacy and Leadership Trainings, Workshops, Webinars and Audio Podcasts.

Watch this space for more details.

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