2016-17 Departmental Results Report - analysis of trends in spending and human resources

 

Actual Expenditures

(D)


This graph illustrates the Agency’s actual spending from 2014-15 through 2016-17 and planned spending from 2017-18 through 2019-20.

In 2016-17, the Agency’s spending was $30 million higher than that of the previous year, mainly due to the following changes in authorities:

Starting in 2017-18, amounts related to the collection of repayable contributions are not included, which mainly explains the $20 million variance in planned spending.

In 2018-19, the sunsetting of the CIP 150 funding and the termination of funding for the spruce budworm outbreak intervention initiative, as announced in Budget 2014, will further reduce planned spending by $22 million.

Budgetary performance summary for Programs and Internal Services: (dollars)

Programs
and Internal
Services
2016-17
Main
Estimates
2016-17
Planned Spending
2017-18
Planned Spending
2018-19
Planned Spending
2016-17
Total Authorities Available for Use
2016-17
Actual Spending
(authorities used)
2015-16
Actual Spending
(authorities used)
2014-15
Actual
Spending
(authorities used)
Enterprise Development 172,961,681 172,961,681 170,058,923 165,171,923 193,473,736 186,231,871 171,964,203 173,992,156
Community Development 97,704,593 97,704,593 104,552,144 87,732,144 106,882,129 106,813,633 91,402,846 90,659,999
Policy, Advocacy and Coordination 11,740,443 11,740,443 10,966,274 10,691,274 11,746,750 14,638,541 11,828,235 12,444,235
Subtotal 282,406,717 282,406,717 285,577,341 263,595,341 312,102,615 307,684,045 275,195,284 277,096,390
Internal Services 25,790,487 25,790,487 25,967,603 25,967,603 25,746,944 24,681,457 26,413,684 28,176,701
Total 308,197,204 308,197,204 311,544,944 289,562,944 337,849,559 332,365,502 301,608,968 305,273,091

For 2016-17, planned spending of $308.2 million increased by $29.6 million, resulting in total authorities of $337.8 million. This was due to the following changes:

From total authorities of $337.8 million, actual spending was $332.4 million. This resulted in a surplus of $5.4 million. Of that amount, $3.2 million was carried forward as part of the Agency’s operating budget; a portion of the balance was included in the amount set aside to assist with anticipated economic increases resulting from the pending new collective agreements, and the remaining balance lapsed.

Actual human resources

Human resources summary for Programs and Internal Services: (FTEs)

Programs and Internal Services 2014-15
Actual
2015-16
Actual
2016-17
Forecast
2016-17
Actual
2017-18
Planned
2018-19
Planned
Enterprise Development 218 208 222 218 222 222
Community Development 95 102 103 102 101 101
Policy, Advocacy and Coordination 60 64 69 67 68 68
Subtotal 373 374 394 387 391 391
Internal Services 197 199 199 195 199 199
Total 570 573 593 582 590 590

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

Expenditures by vote

For information on ACOA’s organizational voted and statutory expenditures, consult the Public Accounts of Canada 2017.

Alignment of spending with the whole of government framework

Alignment of 2016-17 actual spending with the whole-of-government framework: (dollars)

Program Spending area Government of Canada activity 2016-17
Actual spending
Enterprise Development Economic Affairs Strong Economic Growth 186,231,871
Community Development Economic Affairs Strong Economic Growth 106,813,633
Policy, Advocacy and Coordination Economic Affairs Strong Economic Growth 14,638,541

Total spending by spending area:
(dollars)

Spending area Total planned spending Total actual spending
Economic affairs 282,406,717 307,684,045
Social affairs 0 0
International affairs 0 0
Government affairs 0 0

Financial statements and financial statements highlights

Financial statements

ACOA’s financial statements for the year ended March 31, 2017, are available on the Agency’s website.

Financial statements highlights

Condensed Statement of Operations (unaudited) for the Year Ended March 31, 2017 (dollars)

Financial Information 2016-17
Planned results
2016-17 Actual 2015-16 Actual Difference
(2016-17 actual
minus
2016-17 planned)
Difference
(2016-17 actual
minus
2015-16 actual)
Total expenses 251,381,461 250,534,548 231,222,133 (846,913) 19,312,415
Total revenues 17,461 22,472 17,493 5,011 4,979
Net cost of operations before government funding and transfers 251,364,000 250,512,076 231,204,640 (851,924) 19,307,436

 

Expenses:

Actual total expenses were $250.5 million in fiscal year 2016-17, an increase of $19.3 million (8.4%) compared to the previous fiscal year.

The increase was mainly due to additional spending of $12.5 million for the CIP 150 and an accounting adjustment made every year in regard to conditionally repayable contributions. When payments are made on conditionally repayable contributions, the amounts are included in expenses until conditions for repayment are met, at which time the Agency reduces its expenses and increases its accounts receivables. During the 2016-17 fiscal year, the reduction to expenses was lower by $11.3 million compared to the 2015-16 fiscal year. These increases were offset by other minor decreases.

Of the total expenses of $250.5 million, $108.2 million (43.2%) was spent in the Community Development program, while $99.6 million (39.8%) was spent under the Enterprise Development program.

Condensed Statement of Financial Position (unaudited) as at March 31, 2017 (dollars)

Financial information 2016-17 2015-16 Difference
(2016-17 minus
2015-16)
Total net liabilities 61,000,356 61,060,207 (59,851)
Total net financial assets 55,589,191 55,269,204 319,987
Departmental net debt 5,411,165 5,791,003 (379,838)
Total non-financial assets 1,062,215 695,031 367,184
Departmental net financial position (4,348,950) (5,095,972) 747,022

 

Liabilities:

Total net liabilities were $61.0 million at the end of the 2016-17 fiscal year, representing a decrease of $0.1 million (0.2%) from fiscal year 2015-16.

Assets:

Total net financial assets equalled $55.6 million at the end of the 2016-17 fiscal year, an increase of $0.3 million (0.5%) over the previous year’s total. The assets primarily consist of the “Due from the Consolidated Revenue Fund” ($54.5 million), which is used to discharge the Agency’s liabilities.

Total non-financial assets were $1.1 million at the end of 2016-17 fiscal year, an increase of $0.4 million (52.8%) over the previous fiscal year’s total of $0.7 million. The increase is mainly attributable to the work in progress related to the Grants and Contributions Program Management system.
 

[1] The Canada 150 Infrastructure Program is more commonly known as the Canada 150 Community Infrastructure Program.

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