In 2008, the global financial crisis resulted in the restructuring of markets and prompted unemployment, income inequality and poverty rates to increase both worldwide and in Toronto. In the context of the “Great Recession” what are the implications for addressing newcomer labour market access through entrepreneurship in Toronto? Moreover, what should policymakers and service providers consider to ensure new Canadians succeed and prosper in their new home?
To understand the experiences of newcomer entrepreneurs, Social Planning Toronto (SPT) and Newcomer Women’s Services Toronto (NEW) embarked on a research project, The Economy and Resilience of Newcomers (EARN). Both organizations wanted to explore whether entrepreneurship is a concrete solution to the high rates of newcomer unemployment within the City of Toronto.