• damiadeniyi
• February 24, 2023
• Business
• Black business owners, Black-owned businesses, boost, Canada, equity, financial challenges, funding, immigrants, investment, Ontario, Quebec, resources, Statistics Canada
• 0 Comments

Canada’s Black-owned businesses are on the rise, with a recent study by Statistics Canada | Statistique Canada estimating 66,880 Black business owners in the country in 2018. Representing 2.1% of all business owners, the majority of Black business owners were men (70.4%), immigrants (61.4%), and based in Ontario (50.6%) or Quebec (23.3%). With increasing proportions of Black people among incorporated …