- Partner News
- Media Releases
- Mainstream News
October 19, 2023, Toronto, ON – Canadian Council for Aboriginal Business (CCAB) and Global Affairs Canada (GAC) have partnered for a two-part report to better understand the experiences of Indigenous exporters, the challenges they face, and the potential of prosperity and growth they can achieve through trade.
Released today, the first report, Adàwe: Export Experiences of Indigenous Entrepreneurs, provides valuable insights on Indigenous exporters to inform the development of initiatives and policies, empowering the full potential of Indigenous business in Canada.
“This report provides an in-depth examination ofan area of Indigenous growth and opportunity that is often overlooked,” says Matthew Foss, CCAB vice president of research and public policy. “This focus on Indigenous export characteristics and trends will help support the equitable inclusion of Indigenous businesses, and the Canadian economy as a whole.”
CCAB and GAC conducted a national survey of 2,603 Indigenous businesses and case studies in three Indigenous communities. The findings revealed that only 7.2 per cent of Indigenous small and medium enterprises (SMEs) are engaged in export, compared to the Canadian SME average of 12.1 per cent.
“Indigenous entrepreneurs make incredible contributions every day to Canada’s diverse export landscape,” said Mary Ng, Minister of Export Promotion, International Trade and Economic Development. “Our dedication to inclusive trade, and this report will help to better understand the experiences of Indigenous-led businesses as we continue to support and promote their success on the international stage.”
While the first report identifies the exporting activity, business characteristics, and trends of Indigenous businesses, the second report will identify the barriers and challenges that Indigenous businesses and exporters experience.
This report written, and surveys were conducted by CCAB and the Office of the Chief Economist of Global Affairs Canada and funded by GAC.
Adàwe is an Algonquin word that means “to trade” or “exchange”. Within Canada there are many Indigenous languages, and one word cannot capture it all, though we use the Algonquin word to honour that Indigenous trade has existed from time immemorial.
Sr. Associate, Communications
Canadian Council for Aboriginal Business
firstname.lastname@example.org | 416-961-8663 ext. 227