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Ottawa should require banks to share race-related data on services, business groups say

Ottawa should require banks to share race-related data on services, business groups say Maan Alhmidi Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Tijana Martin/The Canadian Press Canadian banks should have to disclose data related to race, gender, income and neighbourhoods to ensure more equitable access to credit and loans, say organizations representing racialized and Indigenous business owners who want Ottawa to step in. Nadine Spencer, president of Black Business and Professional Association, says Black business owners grapple with microaggressions, unconscious bias and discrimination in banking, and both tracking and releasing this data would help hold banks accountable.

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