In the mid-1990s, Black communities in Canada struggled with systemic discrimination across various sectors, facing high rates of unemployment and low income levels despite having education comparable to the average Canadian. This discrimination was so palpable that a survey on Black entrepreneurship in Toronto revealed that 51.7% of respondents experienced extreme difficulty accessing financing for their businesses.
When I first arrived in Toronto in late 1969, there was no cultural or social support, but we were determined to be self-reliant. It was a time of uncertainty, yet resilience and determination became our guiding forces. We knew we had to support one another to build a future where Black businesses and professionals could thrive. Today, I am proud to say that decision paid off.
Growing Community
As our community grew, so did the success of our entrepreneurs. It became clear that we needed to strengthen our networks and support systems because, as the saying goes, “one hand can’t clap.” After all, success is a collective endeavour.
Building a platform to achieve this once seemed impossible, but I found inspiration in pioneers like Shirley Romany, whose business has thrived for over 60 years, and Jamaican-born Wes Hall, who overcame systemic barriers to become a Canadian billionaire. Their stories reinforced my belief that collective resilience and strategic action could drive real change. That belief led me to be pivotal in advocating for The Nod.
The Nod: A Game-changer for the Black Canadian Community
Today, The Nod has evolved into a powerful platform that fosters Black entrepreneurship, providing a sense of security, recognition, and belonging. Historically, rigid systems and exclusionary policies made it difficult for our communities to thrive. But through The Nod, we have built a space where resources are shared, opportunities are created, and success is a community effort.
Much like Black Wall Street in its heyday, The Nod leverages the strength of community-driven economic growth. However, what sets us apart is our longevity and intentionality. We’ve studied the challenges, identified solutions, and built a sustainable model for Black economic empowerment in Canada.
A Nod for Change
The destruction of Black Wall Street and Africville, Nova Scotia, serves as a sobering reminder of the political and economic forces that have historically undermined Black prosperity. To counteract these challenges, we must proactively protect our investments, expand our opportunities, and encourage deeper collaboration within our communities.
We can also be intentional about getting more family members into the community, so our roots can grow deeper. I would welcome anyone interested in partnering with The Nod to achieve this. With The Nod, and together, we can eventually become an ecosystem of endless opportunities. One where dreams are made alive, there are no limiting stereotypes and positive support never runs dry.
You’re nodding in agreement, aren’t you?
