This report establishes a baseline for how much of the federal government’s procurement spending in BC is actually reaching BC-based Indigenous businesses. Drawing on Indigenous Services Canada and PSPC data for fiscal year 2023-24, it finds that BC-based Indigenous businesses received just 0.305% of the $9.6 billion in federal contracts awarded to BC-based vendors — far below the federal government’s 5% mandatory target, representing an estimated annual gap of $451 million.

The report also draws on FNBDA’s Membership Procurement Benchmarking Survey to explain why: most responding member Development Corporations report no dedicated procurement officer, limited bid-readiness, and persistent barriers navigating federal procurement portals.

The findings point to specific, actionable opportunities for departmental engagement, member readiness support, and improved data tracking going forward.

Read the full report here: