Wealthsimple Event Recap: Let’s Talk Financial Healing

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April 11, 2024

On March 11th, 2024, WealthSimple hosted an engaging hybrid event called “Let’s Talk Financial Healing.” About 40 guests were excited to jump into deep discussions about financial literacy. Participants from different places such as the UK and within Canada, joined the discussion on financial healing within the Black community.

Hosted by Zhané, the event aimed to dismantle barriers hindering the progress of Black individuals, particularly focusing on empowering Black women through financial literacy conversations. Zhané welcomed panelists Raquel Reid, Ariana Lloyd, Alicia Murell, and Porcia Boateng. 

Image of Wealthsimple Event Panelists and Members.

The panelists from diverse backgrounds shared insights and expertise, emphasizing the importance of overcoming fears surrounding money and the necessity of financial education. Questions such as “What do you wish you knew about money, even going back to your childhood?” prompted discussions on dispelling myths, distinguishing good advice from bad, and finding the balance between spending and saving. Key takeaways included the significance of setting financial goals, creating structured budgets, and understanding debt management strategies.

The latter part of the event featured a workshop by Wealthsimple focusing on money mindset, goal setting, and transforming financial attitudes. Attendees explored their upbringing’s impact on money habits, learned about smart goal-setting techniques, and engaged in discussions on proactive financial planning.

As the event concluded, participants were left equipped with practical tools, refreshed mindsets, and a renewed commitment to financial empowerment and healing within the Black community.

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Spotlight on our Five Trailblazing Startups that were at Collision!

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At Collision this year, the Federation of Black Canadians (FBC) proudly collaborated with our fellow Black-led and Black-serving organizations to bring “The Black Innovation Zone” to the conference for the first time. Our participation highlighted the incredible achievements of the startups and entrepreneurs who have benefited from our Black Entrepreneurship Program (BEP). These inspiring individuals shared their experiences as emerging entrepreneurs in the Canadian corporate market, highlighting how the BEP provided them with the necessary resources, tools, and skills to succeed. Discover more about these outstanding businesses below!

Black Innovation Zone at Collision 2024: A Recap

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The Black Innovation Zone at Collision 2024 was an amazing opportunity to bring together Black entrepreneurs and professionals. We are grateful to have been a part of the #BlackInnovationZone and to have helped provide free tickets, thanks to our Black Builders Network, and a space for Black Innovators to connect and Network! Collision 2024 was an incredible conference and an amazing growth opportunity for the Federation of Black Canadians (FBC) and our neighbouring organizations! We came together to create a strong presence in the Canadian tech world through the resources and opportunities available for Black Canadian entrepreneurs.

Canadian Human Rights Commission Under Investigation by International Body Over Anti-Black Discrimination

Canadian Human Rights Commission Under Investigation by International Body Over Anti-Black Discrimination

OTTAWA, June 11, 2024 – In a groundbreaking decision, the Global Alliance of National Human Rights Institutions (GANHRI) has initiated a “Special Review” of Canada’s “A” status accreditation, putting it in the same category as countries like Russia, Iraq, and Venezuela. This move follows a complaint by a coalition of Canadian human rights organizations, citing federal findings of anti-Black discrimination at the Canadian Human Rights Commission (CHRC).
Nicholas Marcus Thompson of the Black Class Action Secretariat emphasized, “Successive Justice Ministers have been aware of discrimination but have yet to make any meaningful reform. Unfortunately, we have had to resort to escalating our concerns to an international body to hold the commission accountable for years of human rights violations.”
If downgraded to “B” status, the CHRC will lose its independent participation rights at the UN Human Rights Council and its ability to vote and hold governance positions at GANHRI, seriously impacting Canada’s standing as a global human rights leader.
“The implications of this decision are very serious for Canada,” warned Ketty Nivyabandi, Secretary General for Amnesty International Canada. “It risks irreparably tarnishing its standing as a global human rights leader.”
The coalition calls for immediate action, including creating a direct-access model to the Canadian Human Rights Tribunal, recognizing Black Canadians in the Employment Equity Act, and appointing a Black Equity Commissioner to oversee equity in government and public service.
The review will examine the CHRC’s performance from 2016 to 2022, with a decision expected in the ensuing months.

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