Jump to content
society

Canada Announces Black Business Loans Up To $250,000


Economy

Featured Posts

Economy

https://www.bnnbloomberg.ca/federal-government-launches-loan-program-for-black-owned-businesses-1.1610838

 

Canada announces a federally backed loan program (loans ranging as low as $10,000 to as high as $250,000) for black business startups or at least majority black owned

 

To qualify for the program individuals must have a business number and a business plan

 

The program hopes to encourage more entrepreneurship among the black community

Link to post
Share on other sites

  • Replies 47
  • Created
  • Last Reply
Economy

I like the idea in principal to try and level the playing field of racial gaps...

 

But what i dont get is why the program isnt expanded to all minorities and not just black specifically... there are other minorities that on average have been living in Canada for a shorter period of time than the majority of black community (especially South Asian) and may struggle to an even greater degree with such oppurtunities as 1st generation immigrants

 

For example in my city Indians are by far the largest immigrant group... most were not born here and are 1st generation immigrants and didny even get to finish school nor do they have family to lend support to endevours such as starting a business. Most are stuck working fast food warehouse or truck driving. Theyd benefit from such a program. 

Link to post
Share on other sites

PourItUpPourItUp

Canada, I am wondering how they can expect this to be fair? I’m curious how poor or failed other race business owners will take it. 
 

I also am curious, if the USA has 17% black population how can they expect everything to be equal? 50/50 white and black in workforce, 50/50 representation everywhere? I do not understand. Just as with being LGBTQ, I would not expect to see representation everywhere 24/7 when only 4.5% of are gay.

Link to post
Share on other sites

Shipper
17 hours ago, Economy said:

I like the idea in principal to try and level the playing field of racial gaps...

 

But what i dont get is why the program isnt expanded to all minorities and not just black specifically... there are other minorities that on average have been living in Canada for a shorter period of time than the majority of black community (especially South Asian) and may struggle to an even greater degree with such oppurtunities as 1st generation immigrants

 

For example in my city Indians are by far the largest immigrant group... most were not born here and are 1st generation immigrants and didny even get to finish school nor do they have family to lend support to endevours such as starting a business. Most are stuck working fast food warehouse or truck driving. Theyd benefit from such a program. 

I can only speak from my experience and stats I found from the USA but Indian immigrants --overall--are the most educated immigrant racial group here and median income of Indian immigrants here in the USA is $120,000. Maybe it is the same in Canada as well?

Im not sure if the information you said are anecdotal or you know Indian immigrants in the situation you mentioned but from all the minority immigrant groups in the USA, statistically, they need the less help. 

https://www.pewresearch.org/social-trends/fact-sheet/asian-americans-indians-in-the-u-s/?menuItem=c2ab7e3a-3b84-4000-8ffc-fcf8809c1173

I think having programs that aim to specifically target Black Canadians is justified as they have the lowest income for immigrants and would benefit from such programs.

https://www12.statcan.gc.ca/census-recensement/2016/dp-pd/dt-td/Rp-eng.cfm?TABID=2&Lang=E&APATH=3&DETAIL=0&DIM=0&FL=A&FREE=0&GC=0&GID=1325190&GK=0&GRP=1&PID=111345&PRID=10&PTYPE=109445&S=0&SHOWALL=0&SUB=0&Temporal=2017&THEME=123&VID=0&VNAMEE=&VNAMEF=&D1=0&D2=0&D3=0&D4=0&D5=0&D6=0

🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶🩶
Link to post
Share on other sites

Angelina Stefania

The Liberal Government was accused of being racist against white people by the conservatives last year when PM Trudeau announced these plans for black businesses. :ladyhaha: The conservatives in Canada are so delusional. Semper Viva Black Businesses!! :pawsup:

Link to post
Share on other sites

JazzGa
55 minutes ago, PourItUpPourItUp said:

Canada, I am wondering how they can expect this to be fair? I’m curious how poor or failed other race business owners will take it. 
 

I also am curious, if the USA has 17% black population how can they expect everything to be equal? 50/50 white and black in workforce, 50/50 representation everywhere? I do not understand. Just as with being LGBTQ, I would not expect to see representation everywhere 24/7 when only 4.5% of are gay.

These are the most weak-ass straw arguments ever. Literally no one thinks the workplace should be 50% black, 50% white, 50% Asian and 50% brown.  It doesn't even add up to a sensical number lmfao. 

My old cat is a tough man, but i cant deny the way he bites my hand and he stabs me, he grabs me by my heart <3
Link to post
Share on other sites

PourItUpPourItUp
19 minutes ago, the Devil of Pop said:

These are the most weak-ass straw arguments ever. Literally no one thinks the workplace should be 50% black, 50% white, 50% Asian and 50% brown.  It doesn't even add up to a sensical number lmfao. 

They complain they aren’t represented enough in general. Not fair that they are represented more than 17% without taking away from the other races. A TV show should be able to feature no main black characters and not be “racist.” But now a days it can’t be. If anyone uses the word “white” in a proud way it’s racist. But people can say “black and proud.” It feels hypocritical. And those who feel they should be paid money for being black? We’re they personally slaves? Please pick up a history book outside of the United States. A great big world full of history exists.

Link to post
Share on other sites

alsemanche
1 minute ago, PourItUpPourItUp said:

They complain they aren’t represented enough in general. Not fair that they are represented more than 17%

Very fair when they've been marginalized to hell and back for being black. Why are you so pressed about that? Not that anyone is fighting for 50/50 to begin with. Did you also consider that maybe there are people who are marginalized who aren't black and that there is more than a white/black dichotomy? What kind of argument is that even

Soft, soothing, and succulent
Link to post
Share on other sites

PourItUpPourItUp
2 minutes ago, alsemanche said:

Very fair when they've been marginalized to hell and back for being black. Why are you so pressed about that? Not that anyone is fighting for 50/50 to begin with. Did you also consider that maybe there are people who are marginalized who aren't black and that there is more than a white/black dichotomy? What kind of argument is that even

I agree! There is more than just black lives matter. But we aren’t allowed to say it. Look up world history to see how far back slavery goes please. The world doesn’t revolve around America.

Link to post
Share on other sites

alsemanche
Just now, PourItUpPourItUp said:

I agree! There is more than just black lives matter. But we aren’t allowed to say it

...huh? Who is stopping you from saying it? Black people? Or are you referring to "all lives matter"? 

Do you realize how racist you sound right now? 

Soft, soothing, and succulent
Link to post
Share on other sites

PourItUpPourItUp
2 minutes ago, alsemanche said:

...huh? Who is stopping you from saying it? Black people? Or are you referring to "all lives matter"? 

Do you realize how racist you sound right now? 

Saying all black trans lives matter got me in trouble. Black people have always been very racist towards Asian people and I saw many BLM folks not say a word about stop Asian hate. All lives matter is not what I’m referring to

Link to post
Share on other sites

Jose P
1 minute ago, PourItUpPourItUp said:

I agree! There is more than just black lives matter. But we aren’t allowed to say it. Look up world history to see how far back slavery goes please

I can always count on GGD to bring this level of idiocy, trashy entertainment at its finest

Link to post
Share on other sites

PourItUpPourItUp
1 minute ago, Jose P said:

I can always count on GGD to bring this level of idiocy, trashy entertainment at its finest

Nice reply. Way to bring something to the table

Link to post
Share on other sites

alsemanche
1 minute ago, PourItUpPourItUp said:

Saying all black trans lives matter got me in trouble. Black people have always been very racist towards Asian people and I saw many BLM not say a word about stop Asian hate.

Transphobia is very well, regardless of race. 

And I've seen a lot of black people speak out very vocally about Asian hate crimes actually, just because you didn't personally witness it doesn't mean that's what it is. And let's not homogenize all black people as if they all have the same ideals and the same actions, that's also racist and reductive af

Soft, soothing, and succulent
Link to post
Share on other sites

PourItUpPourItUp
Just now, alsemanche said:

Transphobia is very well, regardless of race. 

And I've seen a lot of black people speak out very vocally about Asian hate crimes actually, just because you didn't personally witness it doesn't mean that's what it is. And let's not homogenize all black people as if they all have the same ideals and the same actions, that's also racist and reductive af

Let’s not generalize, I agree. I said many not all and every.

Link to post
Share on other sites

Archived

This topic is now archived and is closed to further replies.


×
×
  • Create New...