Reconciliation in Canada is not just a moral imperative or a historical reckoning. It’s a societal transformation that must involve every sector, especially the private sector. While public institutions and governments have made strides toward acknowledging and addressing the harms done to Indigenous peoples, the private sector has a significant and largely untapped role to play in the reconciliation process. The dream of reconciliation can only be realized through the active and intentional involvement of Canadian businesses, whose efforts are essential to bridging the gaps and fostering equality.
As the national conversation around reconciliation gains momentum, it is increasingly clear that corporations and private enterprises must evolve from passive observers to proactive participants. The Truth and Reconciliation Commission’s Calls to Action included specific mandates for corporate Canada, yet much of the private sector has yet to meaningfully engage with these directives. For true reconciliation to take root, businesses must not only recognize the past but commit to supporting Indigenous communities through tangible actions, partnerships, and investments.
Why businesses must lead
Historically, much of the reconciliation process has been seen as the responsibility of governments, Indigenous organizations, and community groups. However, the private sector holds a unique and powerful position in society. Businesses are drivers of economic growth, employment, and innovation. When corporations engage meaningfully with reconciliation, they can impact real change by addressing economic disparities, promoting Indigenous-led businesses, and creating pathways to inclusion and opportunity.
In many ways, the private sector is already equipped to support reconciliation, but it has not yet leveraged its full potential. The ongoing inequities faced by Indigenous communities, particularly in access to employment, education, and economic development, are issues that businesses can directly address. Through collaboration with Indigenous communities, companies can create sustainable and mutually beneficial partnerships that not only contribute to economic growth but also honor the principles of reconciliation.
Steps for private sector engagement
While the task of reconciliation may seem daunting, the path forward is clear. The private sector can begin by acknowledging the ongoing impacts of colonialism and understanding that reconciliation is not a one-time event but an ongoing process. Here are key ways businesses can take an active role in reconciliation:
- Acknowledge and learn The first step for any organization is to recognize the historical and present-day impacts of colonialism on Indigenous Peoples. This means investing time in educating employees and leadership teams about the injustices Indigenous communities have faced, such as the legacy of residential schools and systemic discrimination. Many organizations already have diversity and inclusion programs in place; adding Indigenous-specific education and training is a critical next step. By fostering an internal culture of understanding and empathy, businesses can begin to develop meaningful relationships with Indigenous communities.
- Support indigenous economic development businesses can contribute to reconciliation by supporting Indigenous economic growth. This can be achieved by partnering with Indigenous-owned businesses, sourcing products and services from Indigenous suppliers, and offering mentorship and capacity-building programs. The private sector has immense purchasing power, and by intentionally directing a portion of their supply chain to Indigenous businesses, companies can directly impact the economic empowerment of Indigenous communities.
Moreover, companies can provide access to capital and resources that many Indigenous businesses struggle to obtain. Whether through offering loans, grants, or other forms of financial support, businesses can play a role in leveling the playing field and promoting Indigenous entrepreneurship.
- Foster inclusive work environments Creating inclusive and supportive work environments for Indigenous employees is essential for reconciliation. Many Indigenous individuals face systemic barriers to employment, including lack of access to education and training. Companies can address these challenges by offering targeted recruitment, mentorship programs, and career development opportunities for Indigenous employees.
Additionally, businesses should actively work to create a corporate culture that celebrates Indigenous identity and promotes cultural understanding. This includes not only hiring Indigenous talent but also ensuring that Indigenous employees feel valued and included in the workplace.
- Engage in meaningful partnerships reconciliation is a process that requires long-term commitment and collaboration. For businesses, this means building relationships with Indigenous communities that are rooted in respect and mutual benefit. Rather than viewing Indigenous communities as recipients of charity, businesses should approach these partnerships as opportunities for co-creation and shared growth.
By engaging with Indigenous leaders, elders, and organizations, businesses can gain valuable insights into the needs and aspirations of Indigenous communities. These partnerships can take many forms, from collaborating on community development projects to co-hosting events that promote Indigenous culture and heritage. What matters most is that these partnerships are built on trust, transparency, and a shared vision for the future.
- Measure and report progress accountability is key to any successful reconciliation effort. Businesses must not only set ambitious goals for reconciliation but also track and report their progress. This means establishing clear metrics for success, such as the number of Indigenous employees hired, the amount of business directed toward Indigenous suppliers, or the impact of community partnerships. By publicly reporting on their reconciliation efforts, businesses can demonstrate their commitment to transparency and continuous improvement.
The business case for reconciliation
While reconciliation is, first and foremost, a moral and social responsibility, there is also a compelling business case for it. Companies that actively engage in reconciliation can benefit from enhanced corporate reputation, stronger relationships with Indigenous communities, and access to new markets. Furthermore, as consumers increasingly prioritize social responsibility and ethical business practices, companies that lead in reconciliation will find themselves well-positioned to attract and retain customers who value these commitments.
In addition, Indigenous communities represent a growing and vibrant segment of the Canadian population. By investing in Indigenous economic development and creating pathways for Indigenous inclusion, businesses can tap into a new and dynamic workforce, as well as emerging markets for products and services.
Moving forward together
The journey toward reconciliation is far from complete, but the private sector has a critical role to play in moving us closer to that goal. Businesses that embrace their responsibility in this process can help to create a more just, equitable, and prosperous Canada—one where Indigenous and non-Indigenous Peoples alike can thrive.
The time for action is now. By acknowledging the past, supporting Indigenous communities, and fostering meaningful partnerships, the private sector can be a powerful force for positive change. Reconciliation is not just a task for governments or Indigenous organizations; it is a collective responsibility that requires the active participation of all Canadians—including the business community.
Together, we can build a future where the principles of reconciliation are not just ideals but realities. By engaging in this process, businesses can help to ensure that the dream of reconciliation becomes a reality for all Canadians.
Devinder Chaudhary is a chartered accountant, financial consultant, the owner of Aiana Restaurant Collective, and an advocate for Ottawa’s downtown core.
