Western Economic Diversification Canada
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Report on Plans and Priorities 2016-17

Supplementary Information Tables

Up-Front Multi-Year Funding

Name of recipient Primrose Lake Economic Development Corporation (PLEDCo)
Start date March 30, 2007
End date Not applicable
Strategic Outcome A growing and diversified western Canadian economy
Link to Department's Program Alignment Architecture Program 1.2 – Community Economic Growth
Sub-program 1.2.2. – Community Development
Description To assist and promote economic development in the communities within the Primrose Lake Area and to enhance the long-term economic viability and sustainability of those communities.
Total funding approved $15,000,000
Total funding received $15,000,000
Planned funding in 2016-17 Not applicable
Planned funding in 2017-18 Not applicable
Planned funding in 2018-19 Not applicable
Summary of annual plans of recipient PLEDCo will use the interest earned from the trust fund to support economic development initiatives, infrastructure projects, scholarships and operating costs.

In 2016–17, PLEDCo will work towards its objective of strengthening the local economy, including:
  • Continuing to support economic development initiatives in affected communities;
  • Focusing on large projects leading to long term economic prosperity for the region;
  • Identifying additional regional partners to help improve local economies in communities; and
  • Monitoring of the Primary Producers Program administered by Beaver River Community Futures.