adplus-dvertising
Connect with us

Economy

Black Canadians’ economic disadvantage is worsening – here’s how to fix it

Published

 on

Open this photo in gallery:

A Black activist holds up their hand during a public event in Toronto on June 25, 2017.Mark Blinch/The Canadian Press

Rupa Banerjee is Canada Research Chair and associate professor of human resource management and organizational behaviour at Toronto Metropolitan University.

Wendell Nii Laryea Adjetey is William Dawson Chair and assistant professor of post-Reconstruction U.S. and African Diaspora history at McGill University.

Jeffrey G. Reitz is professor emeritus of sociology, and R.F. Harney Professor Emeritus of Ethnic, Immigration and Pluralism Studies, at the Munk School of Global Affairs and Public Policy at the University of Toronto.

Canadian multiculturalism promises equality of opportunity for all who call this diverse nation home. However, for Black Canadians, this promise is shattering, as their success in the labour market continues to falter.

Our research, alongside numerous other studies, paints a stark picture of the challenges facing Black Canadians, including Canadian-born children of immigrants – the second generation. The labour market disparities between Black and white Canadians are not improving; in fact, they are worsening. To ensure shared prosperity and social cohesion, Canada must act.

Earlier studies have found that although racialized second-generation Canadians achieved education levels surpassing the Canadian average, their success in labour markets fell short, with Black Canadians experiencing the most significant disadvantage.

Our new census-based study shows this distinctive Black disadvantage has worsened.

A cohort of second-generation Black men, born in the late 1960s and early 70s, faced significant inequalities but obtained proportionately more university degrees than third or higher generation white Canadians – those generally considered the mainstream.

By the time they reached younger adulthood (aged 26-35) in 2001, despite their higher levels of postsecondary education, the median employment earnings of this cohort were 15 per cent below that of mainstream Canadians. That’s a significant economic hit.

For the more recent second-generation cohort of Black Canadians – those born in the late 1980s and early 1990s – inequalities persist and in fact outcomes have worsened. Like their predecessors, these second-generation Black men aged 26-35 in 2021 are educated, mirroring mainstream university-attainment rates. But their earnings are devastatingly worse – a massive 33 per cent below their mainstream counterparts.

The significant economic hit suffered by the earlier second-generation cohort has become a body blow for today’s young Black men.

Second-generation Black women have fared somewhat better than their male counterparts, but their economic position has also deteriorated. The earlier cohort was better educated than white women, with university attainment exceeding the Canadian mainstream average for women by eight percentage points and incomes that were 18 per cent higher in 2001. Despite their higher levels of education, the recent second-generation cohort reported 10 per cent lower earnings than those of the mainstream. Such a substantial decline exacerbates economic challenges facing the Black community.

These negative trends have no parallel in other racialized minorities in Canada. In addition to the widening earnings gap between Black and white Canadians, we are now seeing increasing divergence between second-generation Black Canadians and other racialized second-generation groups, such as South Asian and Chinese. This trend jeopardizes the social cohesion of Canada as an immigrant society and undermines the future of multiculturalism.

The roots of Black inequality may be different in Canada than those seen elsewhere. Nonetheless, no country escapes the legacy of centuries of slavery endured by Africans. Slavery existed in colonial Canada, and after it was abolished in 1834, Black people who fled American slavery by seeking freedom in Canada experienced racism here, such that the majority of them returned after the Civil War. Historical policies and practices actively put Black communities in Canada at a disadvantage.

After Caribbean immigration to Canada increased throughout the 1960s, governments refocused immigrant recruitment on Asia. This had the effect of slowing growth in the Black community. Excessive and discriminatory policing practices in the Black community produced alienation and demoralization. Recent historical research reveals that government security agencies made covert efforts to discredit Black activism, further destabilizing community life. Black men were subjected to heightened scrutiny and exclusion. This environment exacerbated Black Canadians’ employment problems.

The worsening trend of Black disadvantage must be addressed. Reversing it will require new thinking and action at all levels of government and society. The federal government only recently started to move beyond traditional approaches of addressing the challenges faced by racialized minorities to recognize the extraordinary disadvantage facing Black Canadians.

Recently, the federal government promised to include Black workers as a distinct employment equity group. This is a positive step, but it is only a step, and so far, only a promise. In 2020, a Black class-action lawsuit against the federal government alleging systemic employment discrimination in the Public Service of Canada not only proposed the creation of a separate Black employment equity category, it also recommended establishing a Black Equity Commission to develop measures and co-ordinate efforts, and setting up an external reporting mechanism for discrimination complaints. These and many other sensible measures were contained in the report of the federal Employment Equity Act Review Task Force released in December. They are needed to counter Black employment exclusion, and the government should not resist the changes that the report recommends.

Provincial authorities must also act. In Ontario, employment equity was scrapped amid concerns of “race quotas,” but federal experience shows this fear is baseless. Meanwhile, opportunities have been lost.

Support for Black communities must extend beyond tokenism to include meaningful investments in education, job skills training, and community development. By acknowledging and rectifying historical injustices, we can uphold the ideals of multiculturalism and ensure the Canadian dream is achievable for all.

728x90x4

Source link

Continue Reading

Business

A timeline of events in the bread price-fixing scandal

Published

 on

 

Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsuits continue to work their way through the courts.

Here’s a timeline of key events in the bread price-fixing case.

Oct. 31, 2017: The Competition Bureau says it’s investigating allegations of bread price-fixing and that it was granted search warrants in the case. Several grocers confirm they are co-operating in the probe.

Dec. 19, 2017: Loblaw and George Weston say they participated in an “industry-wide price-fixing arrangement” to raise the price of packaged bread. The companies say they have been co-operating in the Competition Bureau’s investigation since March 2015, when they self-reported to the bureau upon discovering anti-competitive behaviour, and are receiving immunity from prosecution. They announce they are offering $25 gift cards to customers amid the ongoing investigation into alleged bread price-fixing.

Jan. 31, 2018: In court documents, the Competition Bureau says at least $1.50 was added to the price of a loaf of bread between about 2001 and 2016.

Dec. 20, 2019: A class-action lawsuit in a Quebec court against multiple grocers and food companies is certified against a number of companies allegedly involved in bread price-fixing, including Loblaw, George Weston, Metro, Sobeys, Walmart Canada, Canada Bread and Giant Tiger (which have all denied involvement, except for Loblaw and George Weston, which later settled with the plaintiffs).

Dec. 31, 2021: A class-action lawsuit in an Ontario court covering all Canadian residents except those in Quebec who bought packaged bread from a company named in the suit is certified against roughly the same group of companies.

June 21, 2023: Bakery giant Canada Bread Co. is fined $50 million after pleading guilty to four counts of price-fixing under the Competition Act as part of the Competition Bureau’s ongoing investigation.

Oct. 25 2023: Canada Bread files a statement of defence in the Ontario class action denying participating in the alleged conspiracy and saying any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods, which is not a defendant in the case (neither is its current owner Grupo Bimbo). Maple Leaf calls Canada Bread’s accusations “baseless.”

Dec. 20, 2023: Metro files new documents in the Ontario class action accusing Loblaw and its parent company George Weston of conspiring to implicate it in the alleged scheme, denying involvement. Sobeys has made a similar claim. The two companies deny the allegations.

July 25, 2024: Loblaw and George Weston say they agreed to pay a combined $500 million to settle both the Ontario and Quebec class-action lawsuits. Loblaw’s share of the settlement includes a $96-million credit for the gift cards it gave out years earlier.

Sept. 12, 2024: Canada Bread files new documents in Ontario court as part of the class action, claiming Maple Leaf used it as a “shield” to avoid liability in the alleged scheme. Maple Leaf was a majority shareholder of Canada Bread until 2014, and the company claims it’s liable for any price-fixing activity. Maple Leaf refutes the claims.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:L, TSX:MFI, TSX:MRU, TSX:EMP.A, TSX:WN)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Economy

S&P/TSX composite up more than 250 points, U.S. stock markets also higher

Published

 on

 

TORONTO – Canada’s main stock index was up more than 250 points in late-morning trading, led by strength in the base metal and technology sectors, while U.S. stock markets also charged higher.

The S&P/TSX composite index was up 254.62 points at 23,847.22.

In New York, the Dow Jones industrial average was up 432.77 points at 41,935.87. The S&P 500 index was up 96.38 points at 5,714.64, while the Nasdaq composite was up 486.12 points at 18,059.42.

The Canadian dollar traded for 73.68 cents US compared with 73.58 cents US on Thursday.

The November crude oil contract was up 89 cents at US$70.77 per barrel and the October natural gas contract was down a penny at US2.27 per mmBTU.

The December gold contract was up US$9.40 at US$2,608.00 an ounce and the December copper contract was up four cents at US$4.33 a pound.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Economy

Construction wraps on indoor supervised site for people who inhale drugs in Vancouver

Published

 on

 

VANCOUVER – Supervised injection sites are saving the lives of drug users everyday, but the same support is not being offered to people who inhale illicit drugs, the head of the BC Centre for Excellence in HIV/AIDS says.

Dr. Julio Montaner said the construction of Vancouver’s first indoor supervised site for people who inhale drugs comes as the percentage of people who die from smoking drugs continues to climb.

The location in the Downtown Eastside at the Hope to Health Research and Innovation Centre was unveiled Wednesday after construction was complete, and Montaner said people could start using the specialized rooms in a matter of weeks after final approvals from the city and federal government.

“If we don’t create mechanisms for these individuals to be able to use safely and engage with the medical system, and generate points of entry into the medical system, we will never be able to solve the problem,” he said.

“Now, I’m not here to tell you that we will fix it tomorrow, but denying it or ignoring it, or throw it under the bus, or under the carpet is no way to fix it, so we need to take proactive action.”

Nearly two-thirds of overdose deaths in British Columbia in 2023 came after smoking illicit drugs, yet only 40 per cent of supervised consumption sites in the province offer a safe place to smoke, often outdoors, in a tent.

The centre has been running a supervised injection site for years which sees more than a thousand people monthly and last month resuscitated five people who were overdosing.

The new facilities offer indoor, individual, negative-pressure rooms that allow fresh air to circulate and can clear out smoke in 30 to 60 seconds while users are monitored by trained nurses.

Advocates calling for more supervised inhalation sites have previously said the rules for setting up sites are overly complicated at a time when the province is facing an overdose crisis.

More than 15,000 people have died of overdoses since the public health emergency was declared in B.C. in April 2016.

Kate Salters, a senior researcher at the centre, said they worked with mechanical and chemical engineers to make sure the site is up to code and abidies by the highest standard of occupational health and safety.

“This is just another tool in our tool box to make sure that we’re offering life-saving services to those who are using drugs,” she said.

Montaner acknowledged the process to get the site up and running took “an inordinate amount of time,” but said the centre worked hard to follow all regulations.

“We feel that doing this right, with appropriate scientific background, in a medically supervised environment, etc, etc, allows us to derive the data that ultimately will be sufficiently convincing for not just our leaders, but also the leaders across the country and across the world, to embrace the strategies that we are trying to develop.” he said.

Montaner said building the facility was possible thanks to a single $4-million donation from a longtime supporter.

Construction finished with less than a week before the launch of the next provincial election campaign and within a year of the next federal election.

Montaner said he is concerned about “some of the things that have been said publicly by some of the political leaders in the province and in the country.”

“We want to bring awareness to the people that this is a serious undertaking. This is a very massive investment, and we need to protect it for the benefit of people who are unfortunately drug dependent.” he said.

This report by The Canadian Press was first published Sept. 18, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending