Buying ideas: Procuring public sector innovation from a global perspective

Procurement amounted to 14.6% of Canada’s GDP in 2021; this is hundreds of billions of dollars, and a meaningful force that shapes our economy. A recent Auditor General report found that about a third of the 1,480 mission-critical government digital applications are rated to be in poor health. The fact is that the current culture of government procurement — both federally and provincially — is not serving the Canadian economy, and it is not serving the government’s own purposes.

Join us for an in-depth discussion to learn from leaders across the US Governments’ Small Business Innovation Research (SBIR) program and Business Finlands’ Innovative Public Procurement (IPP) initiative.