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Indigenous group creates definitions to guide procurement of Indigenous businesses

Indigenous group creates definitions to guide procurement of Indigenous businesses
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Banding together for government contracts - The Turtle Island News

Banding together for government contracts - The Turtle Island News
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Formation of new procurement organization may muddy the waters for Indigenous businesses

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.

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