E-7866 Black Entrepreneurship Program funding stability Petition Tracker | Signature Growth — Canadian Petition Tracker

Name: Signature data for Canadian e-petition E-7866
Creator: PetitionTracker.ca

Track E-7866 — Black Entrepreneurship Program funding stability — with 6 signatures and counting. Sponsored by Amandeep Sodhi. See signature growth trends and provincial breakdown on PetitionTracker.ca.

Canonical URL: https://petitiontracker.ca/petition/e-7866

Petition Details

Status: Active — open for signatures
Closing date: February 24, 2027
Sponsor: Amandeep Sodhi (Brampton Centre)
Category: Business and trade

Signature Statistics

Total signatures: 6

Provincial Distribution

Ontario: 6 signatures

Petition Text

Petition to the Government of Canada

Whereas:

• Black entrepreneurs in Canada continue to face well-documented barriers to accessing capital, networks and business support;

• Since 2021, the Black Entrepreneurship Program has supported more than 24,000 Black entrepreneurs, and its Loan Fund has approved 801 loans worth more than $70.6 million. Yet it has not been made permanent dispite promises made in campaigns;

• The Program's Ecosystem Fund enables trusted Black-led, community-based organizations to deliver mentorship, training, financial coaching and advisory services across the country;

• The Program relies on time-limited funding cycles, most recently $189 million for 2025 to 2030, and gaps between cycles disrupt services, cost organizations skilled staff and stall entrepreneurs' progress; and

• Stable investment in Black-owned businesses creates jobs, expands the tax base and strengthens Canada's economic resilience.

We, the undersigned, citizens and residents of Canada, call upon the Government of Canada to 1. Make the Black Entrepreneurship Program a permanent program with ongoing, stable funding;

2. Maintain all three pillars of the Program, the Ecosystem Fund, the Loan Fund and the Knowledge Hub, at funding levels that reflect demand;

3. Provide Black-led delivery organizations with predictable multi-year funding agreements and timely decisions to prevent gaps in service;

4. Report publicly on the Program's outcomes to measure its long-term impact on Black entrepreneurship in Canada; and

5. Support the Black Entrepreneurship Ecosystem Coalition in establishing a Portfolio Management Office to coordinate delivery among Black-led business organizations.