Indigenous group creates definitions to guide procurement of Indigenous businesses fftimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fftimes.com Daily Mail and Mail on Sunday newspapers.
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.
For the first time in Canada, five Indigenous economic groups are uniting to create a procurement agency to help their organizations and businesses benefit from goods and services purchased through federal contracts.
/CNW/ - Five national Indigenous economic organizations have banded together with full support of the Assembly of First Nations (AFN) to create a first of its.
Indigenous Leaders, Bank Execs Join Gov in Economic Roundtable miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.