2023-10-27
Waubetek general manager Dawn Madahbee-Leach says opportunities for Indigenous communities are growing
There’s $22 billion worth of opportunity available for Indigenous businesses across Canada.
That’s the estimated amount of revenue to be generated from a new National Indigenous Procurement Policy, which is now in effect within Canada’s federal government, noted Dawn Madahbee-Leach, the general manager at Waubetek Business Development Corp.
Under the policy, federal departments and agencies are required to award a minimum of five per cent of their procurement contracts to Indigenous businesses.
It’s a stunning number, but Madahbee-Leach believes the actual benefits to Indigenous companies could well surpass that.