Chapter Review
Key Takeaways
- Public procurement is responsible for remaining compliant in executing purchasing processes and adhering to purchasing governance frameworks, including policies and procedures, trade agreements, code of ethics and the rule of law.
- Trade agreements are an economic boost and contribute to export and import competition.
- Canada secures access for Canadian suppliers to the foreign government procurement market. Purchases are subject to the provisions of international trade agreements.
- Government purchasing ensures that purchasing practices comply with procurement-related commitments in the trade agreements.
Explore and Engage
Discussion Questions
- What is a procurement governance framework, and why is it important in the public sector?
- What are the obligations of public procurement officers with regard to international agreements?
- Public Sector procurement must follow trade agreements within the bidding process. List some benefits of using these agreements when sourcing goods and services.
- The Canadian Free Trade Agreement is based on regional trade within Canada. Why was the CFTA established?
- How does trade liberalization impact public sector procurement?
