TD commits $10M in the continued effort to combat anti-Black racism and systemic discrimination in Canada

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TD commits $10M in the continued effort to combat anti-Black racism and systemic discrimination in Canada

TORONTO, Sept. 16, 2021 /CNW/ - TD Bank Group (TD) announced today a CDN $10 million commitment over the next five years to the Black Opportunity Fund (BOF). This donation is among the largest contributions in Canada to a Black-focused, Black-led and Black-serving organization.

Established in 2020, BOF was founded and is led by a team of diverse Black Canadian professionals to help establish a $1.5 billion fund, one of the largest in the world, that is designed to dismantle the structural barriers that for generations have prevented many Black Canadians from achieving economic success.

"At TD, we believe that we can be a catalyst for positive change as we strive to enrich the lives of our customers, communities and colleagues," says Bharat Masrani, Group President and CEO, TD Bank Group. "Economic inclusion can be instrumental in reversing the impacts of systemic racism and bias, and together with Black Opportunity Fund, we are committed to continuing to help meet the needs of Black communities while contributing to the creation of an equitable society and better future for all."

https://www.newswire.ca/news-release...873371433.html