Posted: Mar 05, 2021 6:00 AM CT | Last Updated: March 5
Yukon's Highways and Public Works Minister Richard Mostyn says the new policy creates opportunities for all Yukon businesses, and that he's heard of only a few businesses that oppose it. (Steve Silva/CBC)
The Yukon government is implementing a new policy that aims to give First Nations' businesses a leg up when it comes to bidding on government contracts.
The first phase of the Yukon First Nations Procurement Policy is now in effect.
The policy looks to award 15 per cent of all territorial procurement contracts to Yukon First Nations businesses, and incentivizes subcontracting or partnering with those businesses.