MarTech
Canadian Government Contracting 101
The Canadian government contracting market is full of opportunity. This guide outlines how your business can get started and expand its sales to federal, provincial and territorial, and municipal agencies across the Great White North. While this guide is geared towards U.S.-based companies, it provides a comprehensive look into Canadian government contracting that can serve any vendor, regardless of where they are based, looking to break into the Canadian market or grow their current portfolio of Canadian contracts. Public sector procurement spending in Canada is estimated to be worth at least $200 billion Canadian Dollars (CAD) annually, or approximately $158 U.S. Dollars (USD) with the current exchange rate. However, this figure includes the cost of social benefits and fixed capital, two significant areas of spending that do not fall under traditional procurement methods. As such, the market value of Canadian purchasing is more realistically estimated between $65 and $70 billion CAD ($52 to $56 USD).
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