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Black communities

Culturally responsive financial help services in Black communities

Prosper Canada partners with B3 (Black-led, Black-serving, Black-focused) organizations to expand culturally responsive financial help—funding, training, and tools that strengthen services like coaching, benefits navigation, and tax filing.

In 2024, Prosper Canada announced a five-year commitment to advancing financial inclusion and empowerment for Black Canadians.

    "We have been working to foster financial inclusion and well-being for Canadians with low incomes for many years. However, this commitment marked a pivotal moment - an intentional and sustained effort on our part to address the systemic and institutional barriers that hinder the financial wellbeing of Black Canadians. Over the past year, this journey has deepened our understanding of these challenges and reinforced our dedication to building a truly inclusive financial ecosystem that supports and empowers Black communities”

    Prosper Canada CEO, Liz Mulholland

Five priority actions

  • Developing a multi-year action plan and publicly reporting on our progress
  • Building organizational competence to see and combat anti-Black racism in Canada
  • Fostering deeper, sustained, and trusted relationships with Black-led, Black-serving, and Black-focused (B3) organizations
  • Ensure the services, training, tools and resources that Prosper Canada develops are inclusive of Black Canadians
  • Creating an inclusive National Financial Empowerment Network that welcomes B3 organizations
Key partner

TAIBU Community Health Centre

A key partner is TAIBU Community Health Centre in the GTA, which provides culturally affirming financial support alongside holistic health programs. This work reflects Prosper Canada’s deepened commitment to addressing systemic barriers and building a more inclusive financial ecosystem that supports and empowers Black communities.

Learn more

Next steps

Engage staff, partners, and grantees to collaboratively co-design a multi-year action plan

Expand our partnerships and adapt our resources to better meet the needs of Black Canadians

Continue working to foster trust and co-create solutions with B3 organizations.