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President & CEO of the Canadian Council for Aboriginal Business (CCAB) JP Gladu joined Nationtalk to discuss Aboriginal Procurement.
Aboriginal procurement is an important driver of economic reconciliation and development for Aboriginal communities due to the revenue procurement generates for Aboriginal businesses as well as the relationships formed through corporations and Governments establishing procurement agreements with Aboriginal businesses.
The focus on Aboriginal procurement has grown significantly in recent times, resulting in greater demand for procurement outcomes particularly from Aboriginal businesses, with Canadian corporations and Governments also seeking opportunities to grow their outcomes in Aboriginal supplier diversity.
The Aboriginal Procurement Strategy was developed following a Canada-wide survey of Aboriginal and non-Aboriginal businesses, conducted by the CCAB in partnership with Environics Research
CCAB recently launched the Aboriginal Procurement Champions Group a high-profile group of corporations and government entities making public commitments to procure more from Aboriginal businesses. There are currently 28 Aboriginal Procurement Champions.
As well they have launched the Aboriginal Procurement Campaign, Supply Change, a national campaign that will leverage the profile of the Champions Group to increase engagement in Aboriginal procurement through sharing success stories that highlight the benefits of Aboriginal supplier diversity. This will lead to more organizations joining the Champions Group, creating more procurement opportunities for Aboriginal businesses.