2020-21 Departmental Plan
Spending and human resources

 

This section provides an overview of the department’s planned spending and human resources for the next three fiscal years, and compares planned spending for the upcoming year with the current and previous years’ actual spending.

Planned spending

Departmental spending 2017-18 to 2022-23

The following graph presents planned (voted and statutory) spending over time.

Graph: Spending over six fiscal years
Departmental spending trend: long description

This trend graph illustrates ACOA’s planned spending over 6 fiscal years, 2017-2018 through 2022-2023, indicating voted and statutory spending.

In 2017-2018, voted spending was $351 million and statutory spending was $8 million. Total $359 million.

In 2018-2019, voted spending was $342 million and statutory spending was $8 million. Total $350 million.

In 2019-2020, voted spending was $343 million and statutory spending was $9 million. Total $352 million.

In 2020-2021, voted spending will be $292 million and statutory spending will be $9 million. Total $301 million.

In 2021-2022, voted spending will be $286 million and statutory spending will be $8 million. Total $294 million.

In 2022-2023, voted spending will be $293 million and statutory spending will be $9 million. Total $302 million.

Actual spending: 2017-18, 2018-19. Planned spending: 2019-20, 2020-21, 2021-22, and 2022-23.

Planned spending for 2020-21, 2021-22 and 2022-23 does not include excess amounts related to the collection of repayable contributions because decisions on the excess amount of collections that can be re-invested by the Agency are made later in the fiscal cycle.

Budgetary planning summary for core responsibilities and Internal Services (dollars)

The following table shows actual, forecast and planned spending for each of ACOA’s core responsibilities and to Internal Services for the years relevant to the current planning year.

Core
responsibilities and
Internal
Services
2017-18
expenditures
2018-19
expenditures
2019-20
forecast
spending
2020-21
budgetary
spending (as
indicated in
Main Estimates)
2020-21
planned
spending
2021-22
planned
spending
2022-23
planned
spending
Economic
Development in
Atlantic Canada
332,744,431 323,354,426 325,011,474 274,054,608 274,054,608 267,832,948 275,416,363
Subtotal 332,744,431 323,354,426 325,011,474 274,054,608 274,054,608 267,832,948 275,416,363
Internal Services 26,241,166 26,243,126 26,823,604 26,961,156 26,961,156 26,265,143 26,345,015
Total 358,985,597 349,597,552 351,835,078 301,015,764 301,015,764 294,098,091 301,761,378

In the 2020-21 Main Estimates, the Agency’s available funding is $301.0 million. This represents a decrease of $50.8 million from 2019-20 forecast spending of $351.8 million. The variance is explained as follows:

In 2021-22, planned spending is $294.1 million, a decrease of $6.9 million from the $301.0 million in the 2020-21 Main Estimates, due to:

In 2022-23, planned spending is $301.8 million, an increase of $7.7 million from the $294.1 million in 2021-22 planned spending, due to:

Planned human resources

The following table shows actual, forecast and planned full-time equivalents (FTEs) for each core responsibility in ACOA’s departmental results framework and to Internal Services for the years relevant to the current planning year.

Human resources planning summary for core responsibilities and Internal Services

Core responsibilities and
Internal Services
2017-18
actual full-time
equivalents
2018-19
actual full-time
equivalents
2019-20
forecast full-time
equivalents
2020-21
planned full-time
equivalents
2021-22
planned full-time
equivalents
2022-23
planned full-time
equivalents
Economic Development in
Atlantic Canada
376 378 378 381 381 381
Subtotal 376 378 378 381 381 381
Internal Services 195 194 199 196 196 196
Total 571 572 577 577 577 577

Human resource levels at ACOA remain stable. The minor fluctuations that occur reflect the realignment of human resources to support priorities and projects. The Agency will continue to achieve its results by allocating its human resources to best support its priorities and programs.

Estimates by vote

Information on ACOA’s organizational appropriations is available in the 2020-21 Main Estimates.

Condensed future-oriented statement of operations

The condensed future-oriented statement of operations provides an overview of ACOA’s operations for 2019-20 to 2020-21.

The amounts for forecast and planned results in this statement of operations were prepared on an accrual basis. The amounts for forecast and planned spending presented in other sections of the Departmental Plan were prepared on an expenditure basis. Amounts may therefore 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.

Condensed future-oriented statement of operations for the year ending March 31, 2021 (dollars)

Financial information 2019-20 forecast results 2020-21 planned results Difference
(2020-21 planned results minus
2019-20 forecast results)
Total expenses 252,412,678 245,390,294 (7,022,383)
Total revenues          28,909          17,058      (11,851)
Net cost of operations before
government funding and transfers
252,383,769 245,373,236 (7,010,532)

Planned total expenses for fiscal year 2020-21 are $245.4 million, a decrease of $7.0 million compared to the 2019-20 forecast results. The planned expenses do not include unconditionally repayable contributions transfer payments, which are estimated to be $84.1 million. These are classified as assets.

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

Report a problem or mistake on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, contact us.

Date modified: