Report urges government to expand procurement spending with Aboriginal businesses to five percent
Last updated 8/20/2019 at 3:05pm
Calgary, Alb.-The Canadian Council for Aboriginal Business (CCAB) recently released a data-driven report calling on the federal government to increase the dollar value of its procurement spending with Aboriginal businesses to five percent of total procurement spending by 2024.
According to the Treasury Board of Canada, federal government procurement spending totaled $14.6 billion in 2017. Federal procurement spending through the Procurement Strategy for Aboriginal Business (PSAB) has accounted for an average of less than one percent of total annual federal procu...