Redlining in Canada

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Redlining in Canada

Rounding it up

  • Redlining is when banks deny mortgages to people based on group characteristics, notably their race.

  • The practice comes from Franklin Roosevelt’s Housing Administration, which granted mortgage loans to white people living in “green” areas, and denied lending to foreign-born and Black people from “red” areas.

  • Redlining has had lasting effects on wealth inequality, as people who grew up in the red-zoned neighbourhoods had a more difficult time building intergenerational wealth.

  • Canada has also seen redlining; a prime example being the history of Africville.

  • Redlining continues to happen in Canada; many immigrants and people of colour face discrimination from banks, landlords, developers, and even online.

10 min read

Daniel Mcintosh
#redlining#discrimination#mortgage#banks

Daniel Mcintosh

Daniel is a GTA-based freelance writer and editorial professional whose work has appeared in This Magazine, KOHO Financial, and Yahoo Finance. He is a pandemic graduate with a bachelor's degree in journalism from Ryerson University. When not writing, he can be found hiking southern Ontario trails.

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