Published 5 days ago

First Nations entrepreneur testifies in Parliament on Indigenous procurement

Jacob Eaton from the Eagle Clan of the Ts'msyen testified in Parliament about Indigenous procurement practices on Nov. 29, 2024.
Eaton highlighted issues like lack of auditing and oversight, stating that many First Nations rely on non-Indigenous professionals due to capacity issues.
He emphasized that current policies encourage corruption and fraud, with a standard profit share of five percent for Indigenous partners.
Eaton argued that Indigenous procurement is essential for economic reconciliation and that First Nations employment rates remain low, hovering between 10 to 15 percent.