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

Vanderhoof politician running for president of UBCM

Brian Frenkel, municipal councillor, was the first Vice-President for the Union of BC Municipalities in 2019.

“Nature defines my art”: Bethany Giesbrecht, painter

This story is part of a weekly series showcasing artists in the region

Vanderhoofian nominated for the Premier’s Awards

Phil Turgeon has been nominated by the Ministry of Children and Family Development under the Leadership category.

Rio Tinto responds to U.S. aluminum import tariffs

The tariffs were imposed by President Donald Trump Aug. 6

‘GoFundMe’ page created for Vanderhoof women who were in a brutal accident last month

Sasha Mortensen and Jessica Raymond were hit by a pick-up truck July 29, while in an embrace on Keith Road next to Plateau Mill.

QUIZ: Do you know the truth?

In what has been described as a post-truth era, how much do you know about truth and lies?

NHL playoffs: Canucks to meet St. Louis Blues in Round 1

Vancouver takes on defending champs beginning Wednesday

Simon Cowell breaks his back falling from electric bike

Incident happened at his home in California

VIDEO: Internet famous Yukon-based bhangra dancer explores Vancouver Island

Gurdeep Pandher spreads joy through dance, forms cross-cultural connections amid pandemic

Unofficial holidays: the weird and wonderful things people celebrate around the world

On any given day of the year, there are several strange, silly or serious holidays to observe

Moving on: Tanev scores 11 seconds into OT as Canucks oust Wild

Vancouver beats Minnesota 5-4 to move into first round of NHL playoffs

Gene editing debate takes root with organic broccoli, new UBC research shows

Broccoli is one of the best-known vegetables with origins in this scientific haze

VIDEO: U.S. Air Force pilot does fly-by for B.C. son amid COVID border separation

Sky-high father-son visit plays out over White Rock Pier

3 Vancouver police officers test positive for COVID after responding to large party

Union president says other officers are self-isolating due to possible exposure

Most Read