2016-17 Departmental Results Report - analysis of trends in spending and human resources
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:
- an increase of $16.6 million to support the Canada 150 Infrastructure Program (CIP 150);
- an increase of $14.2 million from the collection of repayable contributions; and
- various minor decreases due to variations that occurred in the normal course of business.
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)
Total Authorities Available for Use
|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|
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:
- an increase of $17.3 million in the collection of repayable contributions;
- an increase of $8.3 million in funding for CIP 150;
- an operating budget carry forward of $3.2 million from 2015-16;
- an increase of $1.7 million in funds transferred from the Department of National Defence in support of a project; and
- a decrease of $0.9 million in contributions to employee benefit plans.
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
|Policy, Advocacy and Coordination||60||64||69||67||68||68|
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
|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:
|Spending area||Total planned spending||Total actual spending|
Financial statements and financial statements highlights
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)
|2016-17 Actual||2015-16 Actual||Difference
|Net cost of operations before government funding and transfers||251,364,000||250,512,076||231,204,640||(851,924)||19,307,436|
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)
|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|
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.
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.
 The Canada 150 Infrastructure Program is more commonly known as the Canada 150 Community Infrastructure Program.
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