Hon. Marc Gold (Government Representative in the Senate): Thank you for your question. This is an important issue and part of Canada’s commitment to advance economic reconciliation by supporting Indigenous businesses through a variety of means, including federal procurement policies.

It’s premature for me to be able to measure the success of this program, but I can say that as of March 24, 2022, PSPC has awarded 42 contracts worth over $197 million to self-identified Indigenous businesses in response to the pandemic and issues that flowed from that. I am also advised that the government does expect that all departments and agencies will meet or exceed the 5% target no later than the end of fiscal 2024-25.

Hon. Tony Loffreda: Senator Gold, since August 2021, federal departments must ensure that a minimum of 5% of the total value of contracts are held by Indigenous businesses. I have explored this issue at the Standing Senate Committee on National Finance as part of our review of the government’s spending priorities. I have reviewed many departmental results reports, and the 5% minimum target is rarely met. For instance, Public Services and Procurement Canada, or PSPC, is struggling and hopes to increase these contracts from a projected 2.1% to 5% in just two years. That’s a big undertaking.

As our chair often reminds us, our committee shares a common denominator with the government, which is a desire for transparency, accountability, predictability and reliability for all Canadians, when we review federal spending. Two years into this directive, can you speak to us about the success of this measure?