PacifiCan’s 2026–2027 Departmental Plan: Supplementary Information Tables
Table of contents
Details on transfer payment programs
TPPs/funding agreements with total planned spending of $5 million or more
Community Futures (CF) Program
Timeframe of the transfer payment program
- Start date: 1995 (delivered in British Columbia by Western Economic Diversification (WD) until August 5, 2021 and by Pacific Economic Development Canada (PacifiCan) since August 6, 2021)
- End date: Ongoing
- Fiscal year for terms and conditions: 2021-22
Funding Details
- Name of program terms and conditions: Community Futures (CF) Program
- Type of transfer payment: Contributions
- Type of appropriation: Appropriated annually through Estimates
Purpose and objectives
- Purpose and objectives of transfer payment program: The CF Program helps grow vibrant local economies. The program provides financial support to CF organizations, which are incorporated, not-for-profit organizations. CFs provide support to small and medium-sized enterprises (SMEs) and undertake community economic development initiatives.
Recipients
- General targeted recipient groups: CF Organizations and CF Associations
Departmental Results Framework
- Link to departmental results: Businesses are growing in British Columbia; Communities are growing in British Columbia; Businesses are commercializing technology and adopting technology in British Columbia
- Link to the department’s Program Inventory: Business Services
Expected results
- Expected Result: Communities are economically diversified in British Columbia
- Indicators: Percentage of SMEs that are majority-owned by women, Indigenous Peoples, youth, visible minorities and persons with disabilities in British Columbia; Amount leveraged per dollar invested by PacifiCan in community projects
- Expected Result: British Columbian businesses have access to advisory services and capital
- Indicators: Employment growth of PacifiCan supported firms; Value of loans disbursed
Evaluation
- Fiscal year of next planned evaluation: 2029-30
Financial information (dollars)
| Type of transfer payment |
2025-26 forecast spending |
2026-27 planned spending |
2027-28 planned spending |
2028-29 planned spending |
|---|
| Total grants |
0 |
0 |
0 |
0 |
| Total contributions |
10,488,454 |
10,488,454 |
10,488,454 |
10,488,454 |
| Total other types of transfer payments |
0 |
0 |
0 |
0 |
| Total program |
10,488,454 |
10,488,454 |
10,488,454 |
10,488,454 |
Regional Economic Growth Through Innovation (REGI)
Timeframe of the transfer payment program
- Start date: 2018 (delivered in British Columbia by WD until August 5, 2021 and by PacifiCan since August 6, 2021)
- End date:
- REGI: Ongoing
- Black Entrepreneurship Program – Ecosystem Fund (BEP Ecosystem Fund): March 31, 2030
- Regional Artificial Intelligence Initiative (RAII): March 31, 2029
- Regional Defence Investment Initiative (RDII): March 31, 2028
- Regional Quantum Initiative (RQI): March 31, 2028
- Regional Tariff Response Initiative (RTRI): March 31, 2028
- Fiscal year for terms and conditions: 2025-26
Funding Details
- Name of program terms and conditions: Regional Economic Growth through Innovation (REGI)
- Type of transfer payment: Grants and Contributions
- Type of appropriation: Appropriated annually through Estimates
Purpose and objectives
- Purpose and objectives of transfer payment program: REGI provides streamlined, nationally coordinated, regionally tailored support for business productivity and scale-up, particularly for SMEs, women and Indigenous entrepreneurs, and other underrepresented groups. REGI also assists in the enhancement of regional industrial and technology clusters and regional innovation ecosystems. The program provides assistance through two streams:
- Business Scale-up and Productivity Stream: Investments made under this stream support high-growth businesses that are scaling up and producing innovative goods, services, or technologies. It offers interest free repayable funding to incorporated businesses.
- Regional Innovation Ecosystems Stream: Investments made under this stream help create, grow, and nurture inclusive regional ecosystems that support business needs and foster an entrepreneurial environment conducive to innovation, growth, and competitiveness.
- REGI also includes temporary funding streams:
- BEP Ecosystem Fund: BEP Ecosystem Fund strengthens the Black entrepreneurship ecosystem in British Columbia. This Fund enables Black-led not-for-profit organizations to provide business supports to Black entrepreneurs and business owners.
- RAII: RAII supports businesses that are commercializing or adopting artificial intelligence (AI) solutions in British Columbia, and not-for-profit organizations that are supporting AI commercialization or adoption and ecosystem development in British Columbia
- RDII: RDII drives research and innovation, strengthens domestic supply chains, and drives growth for Canadian small- and medium-sized defence businesses. Investments made through RDII also support defence-related and dual-use technology development, technology commercialization and related business scale-up activities.
- RQI: RQI helps companies and not-for-profit organizations advance and commercialize quantum products and solutions for domestic and global markets.
- RTRI: RTRI helps businesses adjust to the impacts of tariffs by investing in projects to help British Columbia businesses facing tariff-related disruptions to pursue new paths to growth.
Recipients
- General targeted recipient groups: Incorporated for-profit companies; not-for-profit organizations; industry associations; post-secondary institutions; Indigenous organizations; business accelerators and incubators; women-led businesses; angel networks; social enterprises; group of eligible recipients such as an industry association or consortium; municipalities and all other municipal-type organizations; federal or provincial crown corporations or organizations or any entities created by the provincial government; and others.
Departmental Results Framework
- Link to departmental result(s): Businesses are growing in British Columbia; Communities are growing in British Columbia; Businesses are commercializing technology and adopting technology in British Columbia
- Link to the department’s Program Inventory: Innovation, Business Growth
Expected results
- Expected Result: Businesses are innovative and growing in British Columbia
- Indicators: Number of high growth firms in British Columbia; Value of exports of goods from British Columbia; Value of exports of clean technologies in British Columbia; Revenue growth rate of firms supported by PacifiCan programs
- Expected Result: Businesses invest in the development and commercialization of innovative technologies in British Columbia
- Indicators: Value of business expenditures in research and development by firms receiving PacifiCan program funding; Percentage of professional, science and technology‑related jobs in British Columbia’s economy; Percentage of companies engaged in collaborations with higher education institutions in British Columbia
- Expected Result: British Columbian businesses are innovative
- Indicators: Business sales growth resulting from commercialization; Number of Highly Qualified Personnel (HQP, including in science, technology, engineering and mathematics) jobs created
- Expected Result: British Columbian businesses are competitive and export their products/services
- Indicators: Export sales growth; Number of jobs created
Evaluation
- Fiscal year of next planned evaluation: 2027-28
Financial information (dollars)
| Type of transfer payment |
2025-26 forecast spending |
2026-27 planned spending |
2027-28 planned spending |
2028-29 planned spending |
|---|
| Total grants |
0 |
0 |
0 |
0 |
| Total contributions |
151,062,040 |
118,334,891 |
117,987,863 |
61,334,029 |
| Total other types of transfer payments |
0 |
0 |
0 |
0 |
| Total program |
151,062,040 |
118,334,891 |
117,987,863 |
61,334,029 |
Pacific Economic Development Program (PEDP)
Timeframe of the transfer payment program
- Start date: 1987 (delivered in British Columbia by WD until August 5, 2021 and by PacifiCan since August 6, 2021; originally named Western Diversification Program, renamed PEDP effective April 1, 2025)
- End date:
- PEDP: Ongoing
- Regional Defence Investment Initiative (RDII): March 31, 2028
- Fiscal year for terms and conditions: 2025-26
Funding Details
- Name of program terms and conditions: Pacific Economic Development Program (PEDP)
- Type of transfer payment: Grants and Contributions
- Type of appropriation: Appropriated annually through Estimates
Purpose and objectives
- Purpose and objectives of transfer payment program: PEDP promotes economic development and diversification in British Columbia and advances British Columbians' interests in national policy, program and project development and implementation. Contributions to not-for-profit organizations are non-repayable; contributions to commercial projects or for-profit organizations may be repayable. The program provides assistance through several program streams, such as:
- The Community Economic Development and Diversification (CEDD) Program supports initiatives that contribute to economic growth and diversification of communities.
- The Economic Development Initiative (EDI) supports economic development and growth of Francophone businesses and communities.
- The Entrepreneurs with Disabilities Program (EDP) supports entrepreneurs with disabilities, by providing business information, training and development, mentoring and one-on-one counseling services.
- The Francophone Economic Development Organization (FEDO) supports Francophone entrepreneurs and SMEs, by providing training, business and community economic development, access to capital, information services, marketing advice, networking and mentoring.
- RDII drives research and innovation, strengthens domestic supply chains, and drives growth for Canadian small- and medium-sized defence businesses. Investments made through RDII also support defence-related and dual-use technology development, technology commercialization and related business scale-up activities.
Recipients
- General targeted recipient groups: Not-for-profit organizations; post-secondary institutions; small and medium-sized commercial, incorporated, for-profit enterprises; hospitals and regional healthcare centers; individuals; co-operatives; Indigenous communities and groups; Federal Crown Corporations (Treasury Board of Canada Secretariat will be consulted prior to any funding decisions for Federal Crown Corporations); Provincial Government Departments, agencies and Crown Corporations; or Municipal Governments and organizations created by them.
Departmental Results Framework
- Link to departmental result(s): Businesses are growing in British Columbia; Communities are growing in British Columbia; Businesses are commercializing technology and adopting technology in British Columbia
- Link to the department’s Program Inventory: Innovation; Business Growth; Business Services; Community Initiatives
Expected results:
- Expected Result: Communities are economically diversified in British Columbia
- Indicators: Percentage of SMEs that are majority-owned by women, Indigenous people, youth, visible minorities and persons with disabilities in British Columbia; Amount leveraged per dollar invested by PacifiCan in community projects
- Expected Result: British Columbian businesses have access to advisory services and capital
- Indicators: Employment growth of PacifiCan supported firms; Value of loans disbursed
- Expected Result: British Columbian communities have necessary public infrastructure and adjustment support to promote economic growth
- Indicators: Number of communities benefitting from infrastructure projects; Number of businesses created, maintained, or expanded; Number of jobs created or maintained
Evaluation
- Fiscal year of next planned evaluation: 2030-31
Financial information (dollars)
| Type of transfer payment |
2025-26 forecast spending |
2026-27 planned spending |
2027-28 planned spending |
2028-29 planned spending |
|---|
| Total grants |
0 |
0 |
0 |
0 |
| Total contributions |
13,017,671 |
12,346,672 |
12,346,672 |
12,346,672 |
| Total other types of transfer payments |
0 |
0 |
0 |
0 |
| Total program |
13,017,671 |
12,346,672 |
12,346,672 |
12,346,672 |
TPPs/funding agreements with total planned spending of less than $5 million
Lytton Homeowner Resilient Rebuild (LHRR) Program and Lytton Business Restart (LBR) Program
Timeframe of the transfer payment program
- Start date: 2023
- End date: Anticipated 2027-28
- Fiscal year for terms and conditions: 2023-24
Funding Details
- Name of program terms and conditions: Lytton Homeowner Resilient Rebuild (LHRR) Program and Lytton Business Restart (LBR) Program
- Type of transfer payment: Grants and Contributions
- Type of appropriation: Appropriated annually through Estimates
Purpose and objectives
- Purpose and objectives of transfer payment program: LHRR and LBR support the rebuild and economic recovery of the Village of Lytton, which was destroyed by a wildfire on June 30, 2021.
- LHRR supports eligible homeowners who rebuild to fire-resilient, or fire-resilient and net-zero ready or net-zero standards, as defined by the program.
- LBR supports eligible businesses to re-establish in the community and contribute to Lytton’s economic recovery including those owned and operated by Indigenous peoples, women, youth and other underrepresented groups.
Recipients
- General targeted recipient groups:
- For LHRR: Owners of homes in the community of Lytton, BC
- For LBR: Not-for-profit organizations; Post secondary institutions; Individual or sole proprietorships; For-profit organizations; Indigenous recipients; Provincial government departments, agencies and crown corporations; Municipal governments and organizations.
Departmental Results Framework
- Link to departmental result(s): Communities are growing in British Columbia
- Link to the department’s Program Inventory: Community Initiatives
Expected results
- Expected result for LHRR: Rebuilding of Lytton as a model community for net-zero construction and wildfire resilience.
- Indicators: Number of homes rebuilt to net-zero energy/net-zero energy ready and/or fire-resistant standards; Percentage of homeowners receiving funding under the LHRR Program who are members of underrepresented groups, including: women, youth, Indigenous peoples, visible minorities, persons with disabilities, members of an official language minority community (OLMC), recent immigrants, and 2SLGBTQI+
- Expected result for LBR: Restart of small and medium-sized businesses that will bring jobs, goods and services back to the community.
- Indicators: Number of businesses created, maintained, or expanded; Jobs created or maintained; Percentage of organizations receiving funding under the LBR Program that are majority-owned by members of under-represented groups, including: women, youth, Indigenous peoples, visible minorities, persons with disabilities, members of an OLMC, recent immigrants, and 2SLGBTQI+
Evaluation
- Fiscal year of next planned evaluation: Not applicable
Financial information (dollars)
| Type of transfer payment |
2025-26 forecast spending |
2026-27 planned spending |
2027-28 planned spending |
2028-29 planned spending |
|---|
| Total grants |
231,616 |
2,000,000 |
735,480 |
0 |
| Total contributions |
991,850 |
2,848,190 |
709,680 |
0 |
| Total other types of transfer payments |
0 |
0 |
0 |
0 |
| Total program |
1,223,466 |
4,848,190 |
1,445,160 |
0 |
Pacific Women’s Enterprise Initiative (PWEI)
Timeframe of the transfer payment program
- Start date: 1995 (delivered in British Columbia by WD until August 5, 2021 and by PacifiCan since August 6, 2021; originally named Women’s Enterprise Initiative (WEI), renamed PWEI effective April 1, 2025)
- End date: Ongoing
- Fiscal year for terms and conditions: 2025-26
Funding Details
- Name of program terms and conditions: Pacific Women’s Enterprise Initiative (PWEI)
- Type of transfer payment: Contributions
- Type of appropriation: Appropriated annually through the Estimates
Purpose and objectives
- Purpose and objectives of transfer payment program: PWEI provides supports to assist women entrepreneurs to start, scale-up and grow their businesses. It provides services to help women entrepreneurs develop the experience, expertise, assets, and credit record that would enable them to increase both the number and strength of women-owned businesses in British Columbia. It also increases the availability of capital to women-owned enterprises.
Recipients
- General targeted recipient groups: Women’s Enterprises Society of BC (WeBC)
Departmental Results Framework
- Link to departmental result: Businesses are growing in British Columbia
- Link to the department’s Program Inventory: Business Services
Expected results
- Expected Result: Businesses are growing in British Columbia
- Indicators: Number of high growth firms in British Columbia; Value of exports of goods from British Columbia; Value of exports of clean technologies in British Columbia; Revenue growth rate of firms supported by PacifiCan programs
- Expected Result: British Columbian businesses have access to advisory services and capital
- Indicators: Employment growth of PacifiCan supported firms; Value of loans disbursed
Evaluation
- Fiscal year of next planned evaluation: Not applicable
Financial information (dollars)
| Type of transfer payment |
2025-26 forecast spending |
2026-27 planned spending |
2027-28 planned spending |
2028-29 planned spending |
|---|
| Total grants |
0 |
0 |
0 |
0 |
| Total contributions |
975,000 |
975,000 |
975,000 |
975,000 |
| Total other types of transfer payments |
0 |
0 |
0 |
0 |
| Total program |
975,000 |
975,000 |
975,000 |
975,000 |
