| Recipient information |
Primrose Lake Economic Development Corporation (PLEDCo) |
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| Start date |
March 30, 2007 |
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| End date |
Not applicable |
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| Link to department’s Program Inventory |
Program: Community Initiatives |
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| Purpose and objectives of transfer payment |
To assist and promote economic development in the communities within the Primrose Lake Area (including Jans Bay, Cole Bay, Beauval and Ile-a-la Crosse) and to enhance the long-term economic viability and sustainability of those communities. This includes ensuring the funds are preserved and utilized wisely for economic development. |
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| Audit findings by the recipient during the reporting year, and future plan |
No audits performed to date. The date for an audit in the future has not yet been identified. |
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| Evaluation findings by the recipient during the reporting year, and future plan |
An independent third party evaluation was completed during this reporting year, and it evaluated the 2017–2022 five-year performance of PLEDCo. The review found that PLEDCo is meeting the mandate to improve economic development and economic infrastructure for the Primrose Lake region and providing lasting benefits to the communities. The next evaluation will be completed in March 2028. |
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| Summary of results achieved by the recipient |
During fiscal year 2022–2023, PLEDCo continued to invest in economic development and infrastructure projects, scholarships and programming for elders in the community. Key sectors in the Primrose Lake region include natural resources, industrial and mine supply, forestry, fishing, tourism and northern agriculture. |
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| Total funding approved (dollars) |
$15,000,000 |
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| Total funding received (dollars) |
$15,000,000 |
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