Western Economic Diversification Canada
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Sub-program 1.2.4: Targeted Economic Initiatives

Description

Targeted Economic Initiatives support economic activity in western Canadian communities on a temporary basis through targeted economic stimulus or adjustment. WD provides assistance through dedicated, temporary supplementary funding from the Government of Canada or through the department's own special allocations. Transfer payments in support of this sub-program are made through designated funding authorities and may be made under the authority of the Western Diversification Program as a temporary and targeted measure only.

 

Budgetary Financial Resources (dollars)
2014-15
Planned Spending
2014-15
Actual Spending
2014-15
Difference
(actual minus planned)
184,171 11,782 (172,389)

Note: Actual spending is lower than planned due to efficiencies gained on repayable contributions as projects mature under the Community Adjustment Fund.

 

Human Resources (FTEs)
2014–15
Planned
2014–15
Actual
2014–15
Difference
(actual minus planned)
1 0 (1)

 

Performance Results
Expected Result Performance Indicators Targets Actual Results
Businesses opportunities are created Number of businesses created, maintained  or expanded n/a* n/a
Community opportunities are created Value of community-based projects, as well as leverage n/a* n/a
Job opportunities are created Number of jobs created, maintained or expanded n/a* n/a

* No results for targeted economic initiatives were expected for 2014–15.

Performance Analysis and Lessons Learned

Not applicable (see note above).