Delegates from the USA, Canada, Australia and New Zealand are set to meet in Rotorua this July for a groundbreaking international summit bringing together the indigenous business and finance community to explore opportunities to grow the indigenous economy .
The newly created First Nations Procurement Organization (FNPO) aims to make the federal government live up to its 2021 commitment of awarding a minimum of five per cent of the value of contracts from government departments and agencies to Indigenous managed or owned businesses. That target was set to be reached by 2024. However, currently less than one per cent of about $22 billion the federal government spends every year procuring goods and services from businesses across Canada goes toward Indigenous businesses.
TD Bank Group (TD) announced today that it has pledged a leadership gift of $5 million over 5 years to the Future Generations Foundation's Beyond Reconciliation Campaign through its global corporate citizenship platform, the TD Ready Commitment. The.