Natural resource sector holds growth opportunities for Indigenous businesses: CEO

An Indigenous business leader says the natural resources sector in Canada presents significant opportunities for the Indigenous economy.

Steven Vanloffeld, founder and chief executive officer of eSupply Canada, told BNN Bloomberg that Indigenous peoples are “punching above their weight” and making major contributions to local and regional economies.

He sees that pattern continuing with numerous natural resources projects in development.

“If we look at Canada as a whole, I think where we're going to see the biggest gains in Indigenous businesses, both from an entrepreneurial standpoint as well as an Indigenous government-run business standpoint, is in providing goods and services to the natural resource sectors,” Vanloffeld said in an interview.