Mr. Speaker, as part of our government's plan to support Black Canadians across the country, we previously announced a $200-million Black-led philanthropical endowment fund to improve social and economic outcomes for Black Canadians.
Last week, I was proud to stand with the Minister of Housing and Diversity and Inclusion and the Minister for Women and Gender Equality and Youth to announce the recipient of this fund: the Foundation for Black Communities. The FFBC is a national Black-led, Black-serving organization with strong partnerships whose proposal has received significant support from Black communities here in Canada.
This foundational investment will help provide Black-led organizations with the long-term sustainable funding and self-sustaining resources needed to build capacity in their organizations to better serve Black Canadian communities.
I would like to offer my heartfelt congratulations to the FFBC for its successful application. I wish it all the best in its ongoing effort to support and uplift Black Canadian communities across the country.