A growing number of Canadian companies are seeking to
participate in projects in developing markets. As a result, it has
never been more important for a business to ensure that it has in
place the necessary controls to ensure it does not fall afoul of
applicable international procurement and anti-corruption
legislation.
Canadian public procurement procedures are perceived as
commendable for their fairness and transparency. Carefully drafted
rules and safeguards ensure that any organization seeking to bid on
a government contract or project knows exactly what is expected of
them, and how they must conduct themselves to be considered for the
mandate. Clarity at all steps of the process allows participating
organizations to set up their internal procedures and controls in a
manner consistent with government and industry requirements.