CAMSC reports $27 million procurement spend by corporate members with aboriginal and minority companies in 2006



    Improving access to corporate supply chain would boost Canada's economy,
    says CAMSC

    TORONTO, April 9 /CNW/ - The Canadian Aboriginal and Minority Supplier
Council (CAMSC) is reporting that its corporate members spent over $27 million
in procurement dollars with aboriginal and minority companies in 2006. This
compares with a collective procurement spend of $16 million by CAMSC members
in 2005.
    The increase reflects a growing recognition among corporate Canada of the
value of working with aboriginal and minority-owned suppliers. Quebec-based
JYCO Sealing Technologies has been a beneficiary of the program through its
relationship with DaimlerChrysler.
    On April 10 and 11, 2007, the Canadian Aboriginal and Minority Supplier
Council (CAMSC) will host the third annual Aboriginal and Minority Supplier
Procurement Fair at the Fairmont Royal York Hotel in Toronto.
    The CAMSC Procurement Fair offers a forum where corporations and
aboriginal and minority suppliers can share insights, expand their networks,
and forge new opportunities. Attracting business executives, government
representatives and Aboriginal and minority-owned suppliers of all sizes, the
fair will include a cross-border workshop on best practices in supplier
diversity.
    "Our goal is to link corporate Canada with Aboriginal and minority
businesses, which are becoming increasingly crucial to Canada's economic
future," said Orrin Benn, president of the Canadian Aboriginal and Minority
Supplier Council. "By facilitating access to $30 billion in corporate
purchasing, we can help to grow Aboriginal and minority-owned business
enterprises to strengthen the Canadian economy."
    The Hon. Paul Martin, former prime minister of Canada, will give the
keynote address at the conference. His remarks will focus on the need to
integrate Aboriginal and Minority businesses in the Canadian economy.
    The agenda also includes a series of roundtables on corporate procurement
with leading corporations that have recognized the value of working with
aboriginal and minority-owned suppliers. The Fair will feature corporate
exhibitors, aboriginal and minority suppliers and networking sessions with
corporate procurement directors.
    Sponsors of the fair include DaimlerChrysler, Xerox, Cisco and RBC
Financial Group.
    "DaimlerChrysler has actively supported minority-owned suppliers for 23
years and our involvement with CAMSC is another example of how we can help
these suppliers leverage opportunities for sustainability and growth," said
Peter Rosenfeld, Executive Vice President - Procurement and Supply,
DaimlerChrysler Corporation. "We recognize the value in having a supply base
that mirrors our company and customer base."
    CAMSC is calling for federal procurement, certification and reporting
policies that will foster growth among Aboriginal and minority small and
medium-sized businesses. In a 2006 report entitled Why Aboriginal and Minority
Business Integration is Essential to Canada's Economic Growth, CAMSC
recommended a procurement policy that would require companies doing business
with the federal government and with crown corporations to report on their
purchases from aboriginal and minority suppliers, and the harmonization of
federal purchasing rules with U.S. regulations, which would expand market
opportunities for Canadian entrepreneurs.
    CAMSC recently announced the addition of Acklands Grainger, Comstock,
Enterprise Rent a Car, Johnson & Johnson Inc., KSR International, Pfizer,
State Farm Insurance, TD Canada Trust and Wal-Mart Canada Inc. to CAMSC's
already impressive list of national corporate members. These nine companies
join a number of premier Canadian businesses that, through CAMSC, see the
value in engaging Aboriginal and visible minority enterprises.

    About CAMSC

    CAMSC aims to boost economic development efforts and employment of
Aboriginal and minorities in Canada through business development and
employment. CAMSC delivers programs to promote and facilitate procurement
opportunities between major corporations in Canada and suppliers of all sizes
owned and operated by Canadian Aboriginals and minorities.
    For more information, please visit www.camsc.ca.





For further information:

For further information: Media contacts: Catharine Heddle, Environics
Communications for CAMSC, (416) 969-2729, cheddle@environicspr.com

Organization Profile

CANADIAN ABORIGINAL AND MINORITY SUPPLIER COUNCIL

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