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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
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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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