| 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 have been performed to date. The date for the next audit has not yet been identified. The client provides audited financial statements on an annual basis. |
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| Evaluation findings by the recipient during the reporting year, and future plan |
An evaluation was not required in 2023–2024. The next evaluation is expected to be completed by March 2028 by an independent third-party organization. |
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| Summary of results achieved by the recipient |
During fiscal year 2023–2024, 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, fishing, trapping, forestry, tourism, and value-added agriculture (wild rice, fish processing, etc.). |
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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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