2023-24 Departmental Plan - Transfer Payment Programs
Transfer payment programs with total planned spending of $5 million or more
3-year plan for the Atlantic Innovation Fund – Voted
Start date | May 10, 2001 |
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End date | Ongoing |
Type of transfer payment | Contribution |
Type of appropriation | Appropriated annually through Estimates |
Fiscal year for terms and conditions | 2019-20 |
Link to departmental results | Businesses invest in the development and commercialization of innovative technologies in Atlantic Canada |
Link to the department’s Program Inventory |
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Purpose and objectives of transfer payment program | The objectives of the Atlantic Innovation Fund (AIF) are to:
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Expected results | ACOA’s AIF investments aim, among other things, to contribute to leveraging funds toward innovation projects, encourage the development of partnerships for technology development and commercialization, and increase the number of commercialized technologies, products, processes and services. |
Fiscal year of last completed evaluation | Evaluation of ACOA’s Innovation Programming, 2019-20 |
Decision following the results of last evaluation | Continuation |
Fiscal year of next planned evaluation | Evaluation of ACOA’s Economic Development Programs, 2022-23 |
General targeted recipient groups |
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Initiatives to engage applicants and recipients | ACOA engages proponents and recipients on a regular basis, either one-on-one or via industry associations, as part of its operations. Key partners and stakeholders may include small and medium-sized enterprises (SMEs), other levels of government, community leaders, financial institutions, business support organizations and other private-sector organizations. Each ACOA regional office continues to focus on higher-impact investments in each community. The communication strategy also includes the use of social media to inform and engage applicants and recipients. ACOA’s transfer payment programs are designed, delivered and managed in such a way that they remain place-based and client-focused, are relevant to the applicants’ and recipients’ needs, and achieve the expected results for which they are designed. |
Financial Information
Type of transfer payment | 2022–23 forecast spending |
2023–24 planned spending |
2024–25 planned spending |
2025-26 planned spending |
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Total grants | 0 | 0 | 0 | 0 |
Total contributions | 9,376,400 | 40,000,000 | 40,000,000 | 40,000,000 |
Total other types of transfer payments | 0 | 0 | 0 | 0 |
Total program | 9,376,400 | 40,000,000 | 40,000,000 | 40,000,000 |
3-year plan for Business Development Program – Voted
This includes the Canada Coal Transition Initiative – Infrastructure Fund (CCTI-IF), Tourism Relief Fund (TRF), and the Hurricane Fiona Recovery Fund (HFRF).
Start date | July 25, 1995 |
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End date | BDP - Ongoing CCTI-IF – March 31, 2025 TRF – March 31, 2024 HFRF – March 31, 2024 |
Type of transfer payment | Grant and contribution |
Type of appropriation | Appropriated annually through Estimates |
Fiscal year for terms and conditions | 2021-22 |
Link to departmental result(s) |
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Link to the department’s Program Inventory |
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Purpose and objectives of transfer payment program | Through the Business Development Program (BDP), ACOA works to create opportunities for economic growth in Atlantic Canada by helping SMEs become more competitive, innovative and productive. In addition, the Agency works with communities to develop and diversify local economies. It also champions the strengths of the region, in partnership with Atlantic Canadians. Budget 2018 introduced a new innovation program for ACOA: the Regional Economic Growth through Innovation (REGI) Program. All new innovation-related projects that were historically funded through the BDP are now funded through the REGI Program, except to implement special initiatives at Cabinet direction, such as the Linguistic Duality Economic Development Initiative. The objectives of the BDP are to:
Contributions to non-profit organizations are generally non-repayable but are conditionally repayable if a project results in what would normally be considered a commercial activity. |
Expected results | Improve the growth and competitiveness of Atlantic Canadian SMEs through the following:
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Fiscal year of last completed evaluation | Collectively, the evaluations listed below represent 100% coverage of the BDP.
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Decision following the results of last evaluation | Continuation |
Fiscal year of next planned evaluation | Evaluation of ACOA’s Economic Development Programs, 2022-23 |
General targeted recipient groups |
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Initiatives to engage applicants and recipients | ACOA engages proponents and recipients on a regular basis, either one-on-one or via industry associations, as part of its operations. Key partners and stakeholders may include SMEs, other levels of government, community leaders, financial institutions, business support organizations and other private-sector organizations. Each ACOA regional office continues to focus on higher-impact investments in each community. The communications strategy also includes the use of social media to inform and engage applicants and recipients. ACOA’s transfer payment programs are designed, delivered and managed in such a way that they remain place-based and client-focused, are relevant to the applicants’ and recipients’ needs, and achieve the expected results for which they are designed. |
Financial Information
Type of transfer payment | 2022–23 forecast spending |
2023–24 planned spending |
2024–25 planned spending |
2025-26 planned spending |
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Total grants | 192,600 | 1,500,000 | 1,500,000 | 1,500,000 |
Total contributions | 51,859,167 | 45,246,683 | 33,203,683 | 31,653,683 |
Total other types of transfer payments | 0 | 0 | 0 | 0 |
Total program | 52,051,767 | 46,746,683 | 34,703,683 | 33,153,683 |
3-year plan for the Growth through Regional Innovation Program (known as the Regional Economic Growth through Innovation [REGI] Program) – Voted
This includes the following temporary initiatives: the Aerospace Regional Recovery Initiative (ARRI), the Black Entrepreneurship Program (BEP) Ecosystem Fund, Canada Coal Transition Initiative Infrastructure Fund (CCTI-IF), Jobs and Growth Fund (JGF), and the PEI Potato Stabilization and Innovation Fund (PEI PSIF).
Start date | October 18, 2018 |
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End date | REGI Program – Ongoing ARRI – March 31, 2024 BEP – March 31, 2026 CCTI-IF – March 31, 2025 JGF – March 31, 2024 PEI PSIF – March 31, 2024 |
Type of transfer payment | REGI Program – Grant and Contribution |
Type of appropriation | Appropriated annually through Estimates |
Fiscal year for terms and conditions | 2021-22 |
Link to departmental result(s) |
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Link to the department’s Program Inventory |
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Purpose and objectives of transfer payment program | The REGI initiative builds on the objectives of the Innovation and Skills Plan. The goal of the REGI Program is to provide streamlined, nationally coordinated yet regionally tailored support for business productivity and scale-up, particularly for SMEs, women entrepreneurs and other under-represented groups, and to enhance the regional industrial and technology clusters and regional innovation ecosystems. The program provides assistance through two streams.
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Expected results |
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Fiscal year of last completed evaluation | Collectively, the evaluations listed below represent 100% coverage of the REGI Program.
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Decision following the results of last evaluation | Continuation |
Fiscal year of next planned evaluation |
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General targeted recipient groups |
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Initiatives to engage applicants and recipients | ACOA engages proponents and recipients on a regular basis, either one-on-one or via industry associations, as part of its operations. Key partners and stakeholders may include SMEs, other levels of government, community leaders, financial institutions, business support organizations and other private-sector organizations. Each ACOA regional office continues to focus on higher-impact investments in each community. The communications strategy also includes the use of social media to inform and engage applicants and recipients. ACOA’s transfer payment programs are designed, delivered and managed in such a way that they remain place-based and client-focused, are relevant to the applicants’ and recipients’ needs, and achieve the expected results for which they are designed. |
Financial Information
Type of transfer payment | 2022–23 forecast spending |
2023–24 planned spending |
2024–25 planned spending |
2025-26 planned spending | |
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Total grants | 356,800 | 500,000 | 500,000 | 500,000 | |
Total contributions | 215,117,948 | 151,624,146 | 98,432,743 | 92,961,048 | |
Total other types of transfer payments | 0 | 0 | 0 | 0 | |
Total program | 215,474,748 | 152,124,146 | 98,932,743 | 93,461,048 |
3-year Plan for the Community Futures Program – Voted
Start date | May 18, 1995 |
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End date | Ongoing |
Type of transfer payment | Contribution |
Type of appropriation | Appropriated annually through Estimates |
Fiscal year for terms and conditions | 2021-22 |
Link to departmental result(s) | Communities are economically diversified in Atlantic Canada |
Link to the department’s Program Inventory | Inclusive Communities |
Purpose and objectives of transfer payment program | The Community Futures (CF) Program’s purpose is to help communities develop and implement local solutions to local problems. The program provides financial support to CF organizations that, in collaboration with other partners and stakeholders, can assess their situation and develop strategies to meet their needs to provide support to SMEs and social enterprises and to undertake appropriate community economic development initiatives. The CF Program provides non-repayable contributions to CF organizations, also known in Atlantic Canada as Community Business Development Corporations (CBDCs), and their associations. More information on services provided through the CBDCs can be found on ACOA’s website. |
Expected results | The ultimate outcomes under the program are:
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Fiscal year of last completed evaluation | Horizontal Evaluation of the Community Futures Program, 2018-19 |
Decision following the results of last evaluation | Continuation |
Fiscal year of next planned evaluation | Horizontal Evaluation of the Community Futures Program, 2023-24 |
General targeted recipient groups |
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Initiatives to engage applicants and recipients | The Agency will continue to engage with and align its support to the CBDC network as part of the Community Futures of Tomorrow model under a collaborative joint oversight committee. This will maximize all resources available, including the funds provided by the Community Futures Program. With a view to maintaining the long-term viability of the program, the committee acts as a governance body by ensuring that the model’s objectives are managed collaboratively among individual CBDCs, the Atlantic Association of CBDCs and ACOA. The Agency will continue to collaborate with the CBDC network and individual organizations to enhance their program-delivery capacity and governance practices, where required, and support the network in providing training to community development officers and board members to successfully achieve results. The communications strategy also includes the use of social media to inform and engage applicants and recipients. ACOA’s transfer payment programs are designed, delivered and managed in such a way that they remain place-based and client-focused, are relevant to the applicants’ and recipients’ needs, and achieve the expected results for which they are designed. |
Financial Information
Type of transfer payment | 2022–23 forecast spending |
2023–24 planned spending |
2024–25 planned spending |
2025-26 planned spending | |
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Total grants | 0 | 0 | 0 | 0 | |
Total contributions | 13,131,900 | 12,642,000 | 12,642,000 | 12,642,000 | |
Total other types of transfer payments | 0 | 0 | 0 | 0 | |
Total program | 13,131,900 | 12,642,000 | 12,642,000 | 12,642,000 |
3-year plan for the Innovative Communities Fund – Voted
Start date | April 1, 2005 |
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End date | Ongoing CCRF – March 31, 2024 CCTI-IF – March 31, 2025 HFRF – March 31, 2024 |
Type of transfer payment | Contribution |
Type of appropriation | Appropriated annually through Estimates |
Fiscal year for terms and conditions | 2021-22 |
Link to departmental result(s) | Communities are economically diversified in Atlantic Canada |
Link to the department’s Program Inventory |
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Purpose and objectives of transfer payment program | The Innovative Communities Fund’s (ICF) objective is to diversify and enhance the economies of Atlantic communities, many of which are vulnerable to industry closures and major economic adjustments. In doing so, the program capitalizes on the opportunities and strengths that exist in these communities as identified in each community’s regional and/or sectoral strategic economic development plan. The focus of the ICF is the long-term, sustainable economic development of communities in Atlantic Canada. The objectives of the program are to:
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Expected results | Key results expected under the ICF are:
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Fiscal year of last completed evaluation | Evaluation of ACOA’s Communities and Inclusive Growth Programming, 2018-19 |
Decision following the results of last evaluation | Continuation |
Fiscal year of next planned evaluation | Evaluation of ACOA’s Economic Development Programs, 2022-23 |
General targeted recipient groups |
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Initiatives to engage applicants and recipients | ACOA engages proponents and recipients on a regular basis, either one-on-one or via industry associations, as part of its operations. Key partners and stakeholders may include SMEs, other levels of government, community leaders, financial institutions, business support organizations and other private-sector organizations. ACOA continues to collaborate proactively with its partners to identify strategic community projects throughout Atlantic Canada. Each ACOA regional office continues to focus on higher-impact investments in each community. The communications strategy also includes the use of social media to inform and engage applicants and recipients. ACOA’s transfer payment programs are designed, delivered and managed in such a way that they remain place-based and client-focused, are relevant to the applicants’ and recipients’ needs, and achieve the expected results for which they are designed. |
Financial Information
Type of transfer payment | 2022–23 forecast spending |
2023–24 planned spending |
2024–25 planned spending |
2025-26 planned spending | |
---|---|---|---|---|---|
Total grants | 0 | 0 | 0 | 0 | |
Total contributions | 60,940,500 | 60,742,762 | 39,742,762 | 37,177,762 | |
Total other types of transfer payments | 0 | 0 | 0 | 0 | |
Total program | 60,940,500 | 60,742,762 | 39,742,762 | 37,177,762 |
Transfer payment programs with total planned spending of less than $5 million
3-year plan for the Atlantic Policy Research Initiative – Voted
Start date | July 1, 2000 |
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End date | Ongoing |
Type of transfer payment | Contribution |
Type of appropriation | Appropriated annually through Estimates |
Fiscal year for terms and conditions | 2009-10 |
Link to departmental result(s) |
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Link to the department’s Program Inventory | Policy Research and Engagement |
Purpose and objectives of transfer payment program | The Atlantic Policy Research Initiative (APRI) is the primary funding instrument through which ACOA supports policy research. The objectives of the program are to:
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Expected result | The key expected result supported by APRI is:
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Fiscal year of last completed evaluation | ACOA’s Evaluation of the Atlantic Policy Research Initiative, 2014-15 |
Decision following the results of last evaluation | Continuation |
Fiscal year of next planned evaluation | Not applicable |
General targeted recipient groups |
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Initiatives to engage applicants and recipients | On a regular basis, ACOA meets with regional stakeholders and eligible applicants. Regional program officers frequently refer eligible applicants looking to conduct policy research on diverse topics. ACOA engages proponents and recipients on a regular basis, either one-on-one or via research/industry associations, as part of its operations to discuss Government of Canada priorities and policy research opportunities. Each ACOA regional office continues to refer eligible applicants looking to conduct policy research on diverse topics. The communications strategy also includes the use of social media to inform and engage applicants and recipients. ACOA’s transfer payment programs are designed, delivered and managed in such a way that they remain place-based and client-focused, are relevant to the applicants’ and recipients’ needs, and achieve the expected results for which they are designed. |
Financial Information
Type of transfer payment | 2022–23 forecast spending |
2023–24 planned spending |
2024–25 planned spending |
2025-26 planned spending | |
---|---|---|---|---|---|
Total grants | 0 | 0 | 0 | 0 | |
Total contributions | 560,800 | 600,000 | 600,000 | 600,000 | |
Total other types of transfer payments | 0 | 0 | 0 | 0 | |
Total program | 560,800 | 600,000 | 600,000 | 600,000 |
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