An Indigenous Business Procurement Target

June 20, 2021 | By


Redesigning procurement policy with a lens of reciprocity can be a tangible way to amplify and support Indigenous-led initiatives and businesses. There are leading examples of this within industry in Alberta. Suncor Energy, for example, set an explicit goal for partnerships with Indigenous-led businesses, and has far exceeded its target by doing more than $830 million in business with Indigenous businesses. If the Government of Alberta and other major Albertan organizations were to follow this lead, it would create significant new revenue, entrepreneurship, and employment opportunities for Indigenous peoples.