2019-20 Departmental Plan
Spending and human resources

Planned spending

D

Planned spending does not include excess amounts related to the collection of repayable contributions because decisions on the excess amount of collections that can be reinvested by the Agency are made later in the fiscal cycle.

Budgetary planning summary for Core Responsibility and Internal Services (dollars)

Core Responsibility and Internal Services	2016-17 Expenditures	2017-18 Expenditures	2018-19 Forecast spending	2019-20 Main Estimates	2019-20 Planned spending	2020-21 Planned spending	2021-22 Planned spending
Economic development in Atlantic Canada	307,684,045	332,744,430	324,002,187	289,063,006	289,063,006	267,187,006	265,407,249
Internal Services	24,681,457	26,241,166	27,227,033	26,553,941	26,553,941	26,501,876	26,062,242
Total	332,365,502	358,985,596	351,229,220	315,616,947	315,616,947	293,688,882	291,469,491

In the 2019-20 Main Estimates, the Agency’s available funding is $315.6 million. This represents a decrease of $35.6 million from the 2018-19 forecast spending of $351.2 million. The variance is explained by:

• a $26.0 million decrease in parliamentary authorities received after the tabling of the 2018-19 Main Estimates –
  • a $25.5 million decrease related to the collection of repayable contributions, as the 2019-20 Main Estimates and Planned spending do not include excess amounts related to the collection of repayable contributions. Decisions on the excess amount of collections that can be reinvested by the Agency are made later in the fiscal cycle and approved through the Supplementary Estimates processes;
  • a $0.4 million decrease resulting from the operating budget carry forward; and
  • a $0.1 million decrease related to compensation adjustments.
• a $9.6 million decrease in temporary initiatives –
  • a $9.5 million decrease in top-up funding to promote and advance an innovative and knowledge-based economy in Atlantic Canada (Budget 2017);
  • a $3.1 million decrease related to the amount transferred from the Department of National Defence in support of the Halifax International Security Forum;
  • a $2.3 million decrease due to additional funds transferred to Natural Resources Canada for Protecting Jobs in Eastern Canada’s Forestry Sector;
  • a $1.0 million decrease in support for specific projects in innovation, commercialization and community development in New Brunswick;
  • a $0.5 million decrease related to the amount transferred from the Department of Fisheries and Oceans for site remediation at Basin Head, Prince Edward Island, in support of research and monitoring of a marine protected area; and
  • a $6.8 million increase in temporary funding for the Regional Economic Growth through Innovation Program – Supporting small- and medium-sized enterprise users of steel and aluminum initiative.

In 2020-21, planned spending is $293.7 million, a decrease of $21.9 million from the $315.6 million in the 2019-20 Main Estimates, due to:

• a $12.5 million decrease due to the conclusion of top-up funding to promote and advance an innovative and knowledge-based economy in Atlantic Canada (Budget 2017);
• a $6.8 million decrease due to the conclusion of temporary funding for the Regional Economic Growth through Innovation Program – Supporting small- and medium-sized enterprise users of steel and aluminum initiative;
• a decrease of $2.5 million due to additional funds transferred to Natural Resources Canada for Protecting Jobs in Eastern Canada’s Forestry Sector; and
• a decrease of $0.1 million due to the sunsetting of funding to establish a certification and market access program for seal products (Budget 2015).

In 2021-22, planned spending is expected to remain at the 2020-21 level.

Planned human resources

Human resource planning summary for Core Responsibility and Internal Services (FTEs)

Core Responsibility and Internal Services	2016-17 Actual	2017-18 Actual	2018-19 Forecast	2019-20 Planned	2020-21 Planned	2021-22 Planned
Economic development in Atlantic Canada	387	372	380	382	382	382
Internal Services	195	192	196	196	196	196
Total	582	564	576	578	578	578

The forecasted and planned use of human resources for the current and future fiscal years is expected to vary by less than 3%.

Estimates by vote

Information on ACOA’s organizational appropriations is available in the 2019-20 Main Estimates

Future-Oriented Condensed Statement of Operations

The Future-Oriented Condensed Statement of Operations provides a general overview of ACOA’s operations. The forecast of financial information on expenses and revenues is prepared on an accrual accounting basis to strengthen accountability and to improve transparency and financial management. The forecast and planned spending amounts presented in other sections of the Departmental Plan are prepared on an expenditure basis; as a result, amounts may differ.

A more detailed Future-Oriented Statement of Operations and associated notes, including a reconciliation of the net cost of operations to the requested authorities, are available on ACOA’s website.

Future-Oriented Condensed Statement of Operations For the year ending March 31, 2020 (dollars)

Financial Information	2018-19 Forecast results	2019-20 Planned results	Difference (2019-20 Planned results minus 2018 19 Forecast results)
Total expenses	267,412,218	275,208,753	7,796,535
Total revenues	12,647	19,351	6,704
Net cost of operations before government funding and transfers	267,399,571	275,189,402	7,789,831

Planned total expenses for fiscal year 2019-20 are $275.2 million, an increase of $7.8 million compared to the 2018-19 forecast results. The planned expenses do not include unconditionally repayable contributions transfer payments, which are estimated to be $74.7 million: these are classified as assets.

Total revenues represent the gain on disposal of tangible capital assets.