Canadian businesses now eligible for federal contracts awarded to Indigenous employers have skyrocketed to the tune of a 40% increase since the Trudeau government introduced the program. Over 800 new businesses registered for enrollment in the Indigenous Business Directory over the past year, a database which lets eligible companies participate in the federal government\u2019s procurement strategy to bolster the Indigenous economy. The spike in enrollment has some community leaders fearing that the government\u2019s overly broad criteria has left the door wide open for exploitation. The database which held only 1,900 businesses last year, now stands at 2,700 as of last month. The Trudeau government promised to have at least 5% of the total value of federal contracts awarded to Indigenou businesses in 2024. Called the Procurement Strategy for Indigenous Business,… <\/p>\n
Canadian businesses now eligible for federal contracts awarded to Indigenous employers have skyrocketed to the tune of a 40% increase since the Trudeau government introduced the program. Over 800 new businesses registered for enrollment in the Indigenous Business Directory over the past year, a database which lets eligible companies participate in the federal government\u2019s procurement strategy to bolster the Indigenous economy. The spike in enrollment has some community leaders fearing that the government\u2019s overly broad criteria has left the door wide open for exploitation. The database which held only 1,900 businesses last year, now stands at 2,700 as of last month. The Trudeau government promised to have at least 5% of the total value of federal contracts awarded to Indigenou businesses in 2024. Called the Procurement Strategy for Indigenous Business,... <\/p>\n