Why First Nations groups scoring oil sands contracts is ‘no longer a … – Financial Post
While the industry continues to favour First Nations groups working in the oil sands, the days of aboriginal companies securing easy contracts in the oil sands sector are long gone, say companies working in Alberta’s oil patch.
Oil sands producers have become more stringent in their demands for bids on contracts, which has compelled First Nations to focus on their core strengths and become more competitive.
As oil sands companies focused on cost control following the recession of 2008-2009, repercussions for businesses tied to the industry were felt almost immediately in the drop of contract opportunities and higher expectations on the work front, said Marguerite MacDonald, chief financial officer of the Fort McKay Group of Companies.
