Indigenous-owned enterprises adept at breaking into foreign markets

TORONTO, Ont.-Indigenous-owned small and medium-sized enterprises (SMEs) are showing that they are highly adept at breaking into foreign markets, according to a new report jointly released by the Canadian Council for Aboriginal Business (CCAB) and the Office of the Chief Economist of Global Affairs Canada (OCE-GAC).

The report, Indigenous-Owned Exporting SMEs in Canada, finds that, based on CCAB survey data, nearly a quarter (24%) of Indigenous SMEs operating in Canada export. The rate of participation of all Canadian SMEs in foreign markets is 12 percent, which the CCAB says should be viewed...