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How to Build a Fiscally Prudent Business:
Asha Wheeldon has her sights set on international markets. The Vancouver-based entrepreneur is the Founder and CEO of Kula Foods, a plant-based food company celebrating East African flavours in a fresh, new way. The company started small at farmers markets in the city. Now, she’s making trips across the border, looking to identify markets in the United States, and exploring which ones make sense for the Kula brand. She says this research goes beyond North America.
Socio-Economic Impact of Black Contributions to Arts and Culture in Canada
Black entrepreneur contributions to arts and culture have enriched Canada and made significant economic and cultural impacts. From music legends like Oscar Peterson or the compelling verses of Drake and Night Lovell, to massive cultural events like the Caribana Festival, the influence of the Black community resonates across Canada.
The State of Black Businesses in Alberta
Alberta, in recent years has become the province having the fastest-growing Black population in Canada (growing five-fold between 1996 and 2016). According to Stats Canada, by 2041, the Black population would be larger than the Indigenous population in Canada. Given this considerable growth rate, understanding the incidence of entrepreneurship, self- employment and related challenges among the black population in Alberta is important. This study was conducted to explore the general characteristics of Black Albertans' entrepreneurial orientations and understand the unique challenges they face.
Unveiling the Economic Impact: The Rise of Black Businesses in Canada
In the vast and complex Canadian business landscape, one key element that stands at the forefront of economic discussions is the burgeoning sector of Black-owned businesses. Enriched with the resilient and innovative spirits of Black entrepreneurs, this sector is not only contributing significantly to the Canadian economy, but also knitting a vibrant tapestry of entrepreneurship across the nation. However, despite their undeniable vitality, Black-owned businesses have traditionally been overlooked and underrepresented in economic studies and policy-making discussions.
A Portrait of Black Women Entrepreneurs
As of 2018, Canada has approximately 66,880 Black business owners, which accounts for 2.1% of all business owners. The provinces with the highest percentages of Black-owned businesses are Ontario (2.8%), Quebec (2.5%), and Alberta (2.2%).
A Portrait of Black Women Entrepreneurs in Canada
On February 22, 2023, Bassirou Gueye from Statistics Canada published his study, “Black Business Owners in Canada.” The Black Entrepreneurship Knowledge Hub (BEKH) team used the lens of Black women entrepreneurs to outline the most salient facts from the study.