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Financial Statements (unaudited) for the year ended March 31, 2017

Statement of Management Responsibility Including Internal Control Over Financial Reporting

Responsibility for the integrity and objectivity of the accompanying financial statements for the year ended March 31, 2017, and all information contained in these statements rests with the management of Western Economic Diversification Canada (WD). These financial statements have been prepared by management using the Government's accounting policies, which are based on Canadian public sector accounting standards.

Management is responsible for the integrity and objectivity of the information in these financial statements. Some of the information in the financial statements is based on management's best estimates and judgment, and gives due consideration to materiality. To fulfill its accounting and reporting responsibilities, management maintains a set of accounts that provides a centralized record of WD's financial transactions. Financial information submitted in the preparation of the Public Accounts of Canada, and included in WD's Departmental Results Report, is consistent with these financial statements.

Management is also responsible for maintaining an effective system of internal control over financial reporting (ICFR) designed to provide reasonable assurance that financial information is reliable, that assets are safeguarded and that transactions are properly authorized and recorded in accordance with the Financial Administration Act and other applicable legislation, regulations, authorities and policies.

Management seeks to ensure the objectivity and integrity of data in its financial statements through careful selection, training and development of qualified staff; through organizational arrangements that provide appropriate divisions of responsibility; through communication programs aimed at ensuring that regulations, policies, standards, and managerial authorities are understood throughout WD and through conducting an annual risk-based assessment of the effectiveness of the system of ICFR.

The system of ICFR is designed to mitigate risks to a reasonable level based on an on-going process to identify key risks, to assess effectiveness of associated key controls, and to make any necessary adjustments.

WD is subject to periodic Core Control Audits performed by the Office of the Comptroller General and uses the results of such audits to comply with the Treasury Board Policy on Internal Control.

A Core Control Audit was performed in 2013-2014 by the Office of the Comptroller General of Canada (OCG). The Audit Report and related Management Action Plan are posted on the departmental web site.

The financial statements of Western Economic Diversification Canada have not been audited.

 

Dylan Jones, Deputy Minister
Edmonton, Canada




 
 
Date
August 22, 2017
Cathy McLean
Chief Financial Officer



 
 
Date
August 21, 2017

 


 

Statement of Financial Position (Unaudited)
As at March 31

(in dollars)

  2017 2016
Liabilities
Accounts payable and accrued liabilities (note 4) $ 61,389,983 $ 53,405,680
Vacation pay and compensatory leave 1,136,913 1,195,630
Employee future benefits (note 5) 1,320,844 1,690,386
Total gross liabilities 63,847,740 56,291,696
 
Total net liabilities 63,847,740 56,291,696
 
Financial assets
Due from Consolidated Revenue Fund 60,954,607 53,129,082
Accounts receivable and advances  (note 6) 435,387 282,971
Loans receivable (note 7) 52,733,424 35,712,911
Total gross financial assets 114,123,418 89,124,964
 
Financial assets held on behalf of Government
Loans receivable (note 7) (52,733,424) (35,712,911)
Total financial assets held on behalf of Government (52,733,424) (35,712,911)
 
Total net financial assets 61,389,994 53,412,053
 
Departmental net debt 2,457,746 2,879,643
 
Non-financial assets
Tangible capital assets (note 8) 76,786 90,885
Total non-financial assets 76,786 90,885
 
Departmental net financial position $ (2,380,960) $ (2,788,758)
Contractual obligations (note 9)

The accompanying notes form an integral part of these financial statements.

 

Dylan Jones, Deputy Minister
Edmonton, Canada




 
 
Date
August 22, 2017
Cathy McLean
Chief Financial Officer



 
 
Date
August 21, 2017

 

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Statement of Operations and Departmental Net Financial Position (Unaudited)
For the Year Ended March 31

(in dollars)

  2017
Planned
Results
2017 2016
Expenses
Business Development and Innovation 82,851,377 79,506,709 79,540,950
Community Economic Growth 56,993,254 75,006,796 33,312,611
Policy, Advocacy and Coordination 9,385,095 7,842,208 9,920,124
Internal Services 13,965,032 14,030,210 15,860,126
Expenses incurred on behalf of Government (56,901) (10,650,154) (1,743,640)
Total expenses 163,137,857 165,735,769 136,890,171
 
Revenues
Amortization of discount 92,016 71,156 139,508
Interest 44,086 44,910 33,128
Other 1,688 2,305 744,672
Revenues earned on behalf of Government (136,546) (116,131) (914,064)
Total revenues 1,244 2,240 3,244
 
Net cost of operations before government funding and transfers 163,136,613 165,733,529 136,886,927
 
Government funding and transfers
Net cash provided by Government   152,880,653 148,400,795
Change in due from Consolidated Revenue Fund   7,825,525 (16,854,540)
Services provided without charge by other government departments (note 10)   5,442,138 5,531,454
Transfer of the transition payments for implementing salary payments in arrears   (2,705) (15,190)
Transfer of assets and liabilities from (to) other government departments (note 11)   (4,284) (19,311)
Total government funding and transfers   166,141,327 137,043,208
 
Net cost of operations after government funding and transfers   (407,798) (156,281)
 
Departmental net financial position — Beginning of year   (2,788,758) (2,945,039)
Departmental net financial position — End of year   $ (2,380,960) $ (2,788,758)
Segmented information (note 12)

The accompanying notes form an integral part of these financial statements.

 

Statement of Change in Departmental Net Debt (Unaudited)
For the Year Ended March 31

(in dollars)

  2017 2016
Net cost of operations after government funding and transfers $ (407,798) $ (156,281)
 
Change due to tangible capital assets
Acquisition of tangible capital assets 30,494 10,687
Amortization of tangible capital assets (40,309) (122,188)
Loss on disposal of tangible capital assets 0 (6,766)
Transfer to other government departments (note 11) (4,284) (19,311)
Total change due to tangible capital assets (14,099) (137,578)
 
Net decrease in departmental net debt (421,897) (293,859)
 
Departmental net debt - Beginning of year 2,879,643 3,173,502
Departmental net debt - End of year $ 2,457,746 $ 2,879,643
The accompanying notes form an integral part of these financial statements.

 

Statement of Cash Flows (Unaudited)
For the Period Ended March 31

(in dollars)

  2017 2016
Operating activities
Net cost of operations before government funding and transfers $ 165,733,529 $ 136,886,927
Non-cash items:
Amortization of tangible capital assets (40,309) (122,188)
Loss on disposal of tangible capital assets 0 (6,766)
Services provided without charge by other government departments (note 10) (5,442,138) (5,531,454)
 
Transition payments for implementing salary payments in arrears 2,705 15,190
 
Variations in Statement of Financial Position:
Increase in accounts receivable and advances 152,416 277,076
(Increase) decrease in accounts payable and accrued liabilities (7,984,303) 16,580,255
Decrease in vacation pay and compensatory leave 58,717 125,885
Decrease in employee future benefits 369,542 165,183
Cash used in operating activities 152,850,159 148,390,108
 
Capital investing activities
Acquisition of tangible capital assets 30,494 10,687
Cash used in capital investing activities 30,494 10,687
 
Net cash provided by Government of Canada $ 152,880,653 $ 148,400,795
The accompanying notes form an integral part of these financial statements.

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Notes to the Financial Statements (Unaudited)
For the Year Ended March 31

1. Authority and Objectives

Western Economic Diversification Canada (WD) was established to promote the development and diversification of the economy of Western Canada and to advance the interests of the West in national economic policy, program and project development and implementation. The Minister of Innovation, Science and Economic Development is responsible for this organization.

The Department operates under the provision of the Western Economic Diversification Act, which came into force on June 28, 1988. WD is responsible for regional development in Western Canada by developing and supporting economic policies, programs and activities to promote economic growth.

Its western base has enabled the Department to foster extensive partnerships with business and community organizations, research and academic institutions, Indigenous Peoples, as well as provincial and municipal governments across Western Canada.

WD works to grow the western Canadian economy by helping to build businesses that are productive, innovative and competitive globally, while diversifying the base of the western Canadian economy beyond primary resource industries.

WD's strategic outcome is advanced through the following programs:

  • Business Development and Innovation: Western Canadian small and medium-sized enterprises are engaged in international business, competitive and innovative;
     
  • Community Economic Growth: Western Canadian communities have strong businesses, the capacity for socio-economic development and the necessary public infrastructure to support economic growth;
     
  • Policy, Advocacy and Coordination: Policies and programs that strengthen the western Canadian economy; and
     
  • Internal Services: Effective and efficient support for advancing the department's strategic outcome.

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2. Summary of significant accounting policies

These financial statements have been prepared using the Government's accounting policies stated below, which are based on Canadian public sector accounting standards.  The presentation and results using the stated accounting policies do not result in any significant differences from Canadian public sector accounting standards.

Significant accounting policies are as follows:

  1. Parliamentary authorities – WD is financed by the Government of Canada through Parliamentary authorities. Financial reporting of authorities provided to WD do not parallel financial reporting according to generally accepted accounting principles since authorities are primarily based on cash flow requirements. Consequently, items recognized in the Statement of Operations and Departmental Net Financial Position and in the Statement of Financial Position are not necessarily the same as those provided through authorities from Parliament. Note 3 provides a reconciliation between the bases of reporting. The planned results amounts in the "Expenses" and "Revenues" sections of the Statement of Operations and Departmental Net Financial Position are the amounts reported in the Future-oriented Statement of Operations included in the 2016-2017 Report on Plans and Priorities. Planned results are not presented in the "Government funding and transfers" section of the Statement of Operations and Departmental Net Financial Position and in the Statement of Change in Departmental Net Debt because these amounts were not included in the 2016-2017 Report on Plans and Priorities.
     
  2. Net Cash Provided by Government – WD operates within the Consolidated Revenue Fund (CRF), which is administered by the Receiver General for Canada. All cash received by WD is deposited to the CRF, and all cash disbursements made by WD are paid from the CRF. The net cash provided by Government is the difference between all cash receipts and all cash disbursements, including transactions between departments of the Government.
     
  3. Amounts due from or to the CRF are the result of timing differences at year-end between when a transaction affects authorities and when it is processed through the CRF. Amounts due from the CRF represent the net amount of cash that WD is entitled to draw from the CRF without further authorities to discharge its liabilities.
     
  4. Revenues:
     
    • Revenues are accounted for in the period in which the underlying transaction or event that gave rise to the revenue takes place.
       
    • Revenues that are non-respendable are not available to discharge WD's liabilities. While the Deputy Head is expected to maintain accounting control, he has no authority regarding the disposition of non-respendable revenues. As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented in reduction of the entity's gross revenues.
       
  5. Expenses - Expenses are recorded on the accrual basis:
     
    • Transfer payments are recorded as expenses when authorization for the payment exists and the recipient has met the eligibility criteria or the entitlements established for the transfer payment program. Transfer payments that become repayable as a result of conditions specified in the contribution agreement that have come into being are recorded as a reduction to transfer payment expense and as a receivable.

      Vacation pay and compensatory leave are accrued as the benefits are earned by employees under their respective terms of employment.

      Services provided without charge by other government departments for accommodation, employer contributions to the health and dental insurance plans, legal services and workers' compensation are recorded as operating expenses at their estimated cost.
       
  6. Employee future benefits
     
    1. Pension benefits: Eligible employees participate in the Public Service Pension Plan (The Public Service Superannuation Act), a multiemployer plan administered by the Government. WD's contributions to the Plan are charged to expenses in the year incurred and represent the total departmental obligation to the Plan. WD's responsibility with regard to the Plan is limited to its contributions. Actuarial surpluses or deficiencies are recognized in the financial statements of the Government of Canada, as the Plan's sponsor.
       
    2. Severance benefits: Employees entitled to severance benefits under labour contracts or conditions of employment earn these benefits as services necessary to earn them are rendered. The obligation relating to the benefits earned by employees is calculated using information derived from the results of the actuarially determined liability for employee severance benefits for the Government as a whole.
       
  7. Accounts and loans receivable
     
    • These are stated at the lower of cost and net recoverable value. A valuation allowance is recorded for accounts and loans receivable where recovery is considered uncertain.
       
    1. Unconditionally repayable transfer payments: Transfer payments that are unconditionally repayable are recognized as loans receivable because they must be repaid without condition, under various repayment terms. The loans have significant concessionary terms as they include a no-interest clause, and are discounted so they can be recorded at their estimated present value.
       
    2. Transfer payments recoverable – Conditionally repayable transfer payments: Transfer payments that are conditionally repayable are reclassified as accounts receivable when conditions specified in the agreement come into effect, or in the event of default.
       
  8. Tangible capital assets – All tangible assets and leasehold improvements having an initial cost of $10,000 or more are recorded at their acquisition cost. WD does not capitalize intangibles, works of art and historical treasures that have cultural, aesthetic or historical value, assets located on Indian Reserves and museum collections.

    Amortization of tangible capital assets is done on a straight-line basis over the estimated useful life of the asset as follows:
     
    Asset Class Amortization Period
    Machinery and equipment 10 years
    Computer hardware 3 years
    Computer software 7 years
    Vehicles 5 years
    Leasehold improvements

    Lesser of the remaining term of lease or useful life of the improvement

    Assets under construction are recorded in the applicable capital asset class in the year that they become available for use and are not amortized until they become available for use.

  9. Measurement uncertainty – The preparation of these financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses reported in the financial statements. At the time of preparation of these statements, management believes the estimates and assumptions to be reasonable. The most significant items where estimates are used are allowance for doubtful accounts, the liability for employee future benefits, the useful life of tangible capital assets and unamortized discount related to unconditionally repayable transfer payments. Actual results could significantly differ from those estimated. Management's estimates are reviewed periodically and, as adjustments become necessary, they are recorded in the financial statements in the year they become known.

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3. Parliamentary authorities

WD receives most of its funding through annual parliamentary authorities. Items recognized in the Statement of Operations and Departmental Net Financial Position and the Statement of Financial Position in one year may be funded through parliamentary authorities in prior, current or future years. Accordingly, WD has different net results of operations for the year on a government funding basis than on an accrual accounting basis. The differences are reconciled in the following tables:

(a) Reconciliation of net cost of operations to current year authorities used

  2017 2016
(in dollars)
Net cost of operations before government funding and transfers $ 165,733,529 $ 136,886,927
Adjustments for items affecting net cost of operations but not affecting authorities:
Amortization of tangible capital assets (40,309) (122,188)
Services provided without charge by other government departments (5,442,138) (5,531,454)
Decrease in vacation pay and compensatory leave 58,717 125,885
Decrease in employee future benefits 369,542 165,183
Decrease in accrued liabilities not charged to authorities 492,508 421,834
Refund of prior years expenditures 79,145 3,802,501
Other 1,809 (3,522)
Total items affecting net cost of operations but not affecting authorities (4,480,726) (1,141,761)
 
Adjustments for items not affecting net cost of operations, but affecting authorities:
Acquisitions of tangible capital assets 30,494 10,687
Transition payments for implementing salary payments in arrears 2,705 15,190
Unconditionally repayable transfer payments 29,197,272 19,920,331
Total items not affecting net cost of operations but affecting authorities 29,230,471 19,946,208
 
Current year authorities used $ 190,483,274 $ 155,691,374

(b) Authorities provided and used

  2017 2016
(in dollars)
Authorities provided:
Vote 1 - Operating expenditures $ 36,720,314 $ 38,841,639
Vote 5 - Transfer payments 163,559,924 122,248,119
Statutory amounts 3,811,508 4,029,284
 
Less:
Lapsed: Operating (2,792,064) (3,512,174)
Lapsed: Transfer payments (10,816,408) (5,915,494)
 
Current year authorities used $ 190,483,274 $ 155,691,374

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4. Accounts payable and accrued liabilities

The following table presents details of WD's accounts payable and accrued liabilities:

  2017 2016
(in dollars)
Accounts payable - Other government departments and agencies $ 98,149 $ 483,135
Accounts payable - External parties 59,280,211 50,822,605
Total accounts payable 59,378,360 51,305,740
 
Accrued liabilities 2,011,623 2,099,940
 
Total accounts payable and accrued liabilities $ 61,389,983 $ 53,405,680

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5. Employee future benefits

(a) Pension benefits

WD employees participate in the Public Service Pension Plan (the "Plan"), which is sponsored and administered by the Government of Canada. Pension benefits accrue up to a maximum period of 35 years at a rate of 2 percent per year of pensionable service, times the average of the best five consecutive years of earnings. The benefits are integrated with Canada/Québec Pension Plan benefits and they are indexed to inflation.

Both the employees and WD contribute to the cost of the Plan. Due to the amendment of the Public Service Superannuation Act following the implementation of provisions related to Economic Action Plan 2012, employee contributors have been divided into two groups – Group 1 relates to existing plan members as of December 31, 2012 and Group 2 relates to members joining the Plan as of January 1, 2013. Each group has a distinct contribution rate.

The 2016-2017 expense amounts to $2,653,917 ($2,774,330 in 2015-2016). For Group 1 members, the expense represents approximately 1.12 times (1.25 times in 2015-2016) the employee contributions and, for Group 2 members, approximately 1.08 times (1.24 times in 2015-2016) the employee contributions.

WD's responsibility with regard to the Plan is limited to its contributions. Actuarial surpluses or deficiencies are recognized in the financial statements of the Government of Canada, as the Plan's sponsor.

(b) Severance benefits

Severance benefits provided to WD employees were previously based on an employee's eligibility, years of service and salary at termination of employment. However, since 2011 the accumulation of severance benefits for voluntary departures progressively ceased for substantially all employees. Employees subject to these changes were given the option to be paid the full or partial value of benefits earned to date or collect the full or remaining value of benefits upon departure from the public service. By March 31, 2017, substantially all settlements for immediate cash out were completed. Severance benefits are unfunded and, consequently, the outstanding obligation will be paid from future authorities.

The changes in the obligations during the year were as follows:

  2017 2016
(in dollars)
Accrued benefit obligation - Beginning of year $ 1,690,386 $ 1,855,569
Expense for the year (16,390) 246,392
Benefits paid during the year (353,152) (411,575)
Accrued benefit obligation - End of year $ 1,320,844 $ 1,690,386

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6. Accounts receivable and advances

The following table presents details of WD's accounts receivable and advances balances:

  2017 2016
(in dollars)
Receivables - Other government departments and agencies $ 433,776 $ 274,998
Receivables - External parties 11 6,373
Employee advances 1,600 1,600
Gross and net accounts receivable $ 435,387 $ 282,971

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7. Loans receivable

The following table presents details of WD's loans and transfer payments recoverable balances:

  2017 2016
(in dollars)
Loans receivable
Unconditionally repayable transfer payments $ 75,463,922 $ 47,802,711
Accrued interest - unconditionally repayable transfer payments 32,923 9,268
Less: Unamortized discount (2,821,068) (1,091,071)
Subtotal 72,675,777 46,720,908
 
Transfer payments recoverable - Conditionally repayable transfer payments 0 85,355
Subtotal 72,675,777 46,806,263
 
Less: Allowance for uncollectibility (19,942,353) (11,093,352)
 
Gross loans receivable 52,733,424 35,712,911
 
Loans receivable held on behalf of Government (52,733,424) (35,712,911)
 
Net loans receivable $ 0 $ 0

(a) Unconditionally repayable transfer payments

The unconditionally repayable transfer payment portfolio consists of 97 non-interest bearing loans issued in the years from 1997 to 2017, with prescribed repayment terms. The loans are recorded at their discounted net present values using market interest rates at the time of the loans. An allowance of $19,942,253 ($11,093,252 in 2015–2016) has been recorded.

With respect to interest charged on unconditionally repayable transfer payments, an allowance of $100 ($100 in 2015–2016) has been recorded.

(b) Transfer payments recoverable – Conditionally repayable transfer payments

Transfer payments recoverable relate to contributions made to outside parties which are repayable based on conditions specified in the contribution agreement that have come into being. No allowance in 2016–2017 ($0 in 2015–2016) has been recorded.

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8. Tangible capital assets

Capital asset class Cost Accumulated Amortization Net Book Value
Opening Balance Acquisitions Adjustments
(1)
Disposals and Write-Offs Closing balance Opening Balance Amortization Adjustments
(1)
Disposals and Write-Offs Closing Balance 2017 2016
(in dollars)
Machinery and equipment $ 79,943 $ 0 $ 0 $ 0 $ 79,943 $ 56,386 $ 2,805 $ 0 $ 0 $ 59,191 $ 20,752 $ 23,557
Computer hardware 0 30,494 0 0 30,494 0 2,541 0 0 2,541 27,953 0
Computer software 1,885,642 0 0 0 1,885,642 1,861,689 18,247 0 0 1,879,936 5,706 23,953
Vehicles 56,429 0 (32,130) 0 24,299 35,423 7,002 (27,846) 0 14,579 9,720 21,006
Leasehold improvements 410,272 0 0 121,345 288,927 387,903 9,714 0 121,345 276,272 12,655 22,369
Total $ 2,432,286 $ 30,494 $ (32,130) $ 121,345 $ 2,309,305 $ 2,341,401 $ 40,309 $ (27,846) $ 121,345 $ 2,232,519 $ 76,786 $ 90,885

(1) Effective September 2016, WD transferred a vehicle with a net book value of $4,284 to Correctional Services Canada (refer to note 11 for further details).

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9. Contractual obligations

The nature of WD's activities can result in some large multi-year contracts and obligations whereby WD will be obligated to make future payments in order to carry out its transfer payment programs or when the services/goods are received. Significant contractual obligations that can be reasonably estimated are summarized as follows:

 

  2018 2019 2020 2021 2022 and thereafter Total
(in dollars)
Transfer payments
Western Diversification Program $ 59,693,311 $ 17,938,639 $ 4,141,394 $ 2,621,649 $ 2,514,218 $ 86,909,211
Canada 150 Community Infrastructure Program 55,574,941 0 0 0 0 55,574,941
Community Futures Program 26,365,978 0 0 0 0 26,365,978
Women's Enterprise Initiative 3,753,917 0 0 0 0 3,753,917
Total $ 145,388,147 $ 17,938,639 $ 4,141,394 $ 2,621,649 $ 2,514,218 $ 172,604,047

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10. Related party transactions

WD is related as a result of common ownership to all government departments, agencies and Crown Corporations. WD enters into transactions with these entities in the normal course of business and on normal trade terms. During the year, WD received common services which were obtained without charge from other government departments as disclosed below.

(a) Common services provided without charge by other government departments

During the year, WD received services without charge from certain common service organizations, related to accommodation, the employer's contribution to the health and dental insurance plans and workers' compensation coverage. These services provided without charge have been recorded in WD's Statement of Operations and Departmental Net Financial Position as follows:

  2017 2016
(in dollars)
Employer's contribution to the health and dental insurance plans $ 2,364,627 $ 2,286,151
Accommodation 3,028,472 3,196,252
Workers' Compensation 49,039 49,051
Total $ 5,442,138 $ 5,531,454

The Government has centralized some of its administrative activities for efficiency, cost-effectiveness purposes and economic delivery of programs to the public. As a result, the Government uses central agencies and common service organizations so that one department performs services for all other departments and agencies without charge. The costs of these services, such as the payroll and cheque issuance services provided by Public Works and Government Services Canada, audit services provided by the Office of the Auditor General, and the email, network and data centre services provided by Shared Services Canada, are not included in WD's Statement of Operations and Departmental Net Financial Position.

(b) Administration of programs on behalf of other government departments

Part of WD's mandate is to coordinate federal economic activities in the West. In this regard, WD implements programs on behalf of other federal departments and agencies. The following is a list of programs valued at greater than one million dollars in federal transfer payments administered by WD over the last two fiscal years. These transfer payment expenses are reflected in the financial statements of Infrastructure Canada and Indigenous and Northern Affairs Canada, and not those of WD.

  2017 2016
(in dollars)
Building Canada Fund (Communities) $ 9,340,723 $ 20,014,860
Strategic Partnerships Initiative 2,042,100 0
Total $ 11,382,823 $ 20,014,860

(c) Other transactions with related parties

  2017 2016
(in dollars)
Expenses - Other government departments and agencies $ 1,613,276 $ 2,121,721

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11. Transfers from/to other government departments

  2017 2016
(in dollars)
Assets:
Tangible capital assets (net book value) (note 8)
Transferred to Correctional Services Canada $ 4,284 $ 0
Transferred to Privy Council Office 0 19,311
Total assets transferred 4,284 19,311
 
Adjustment to the departmental net financial position $ 4,284 $ 19,311

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12. Segmented information

Presentation by segment is based on WD's program alignment architecture. The presentation by segment is based on the same accounting policies as described in the Summary of significant accounting policies in note 2. The following table presents the expenses incurred and revenues generated for the main program activities, by major object of expense and by major type of revenue. The segment results for the period are as follows:

  Business Development and Innovation Community Economic Growth Policy, Advocacy and Coordination Internal Services 2017
Total
2016
Total
(in dollars)
Transfer payments
Non-profit organizations $ 52,465,330 $ 51,681,704 $ 0 $ 0 $ 104,147,034 $ 95,046,203
Other levels of governments within Canada 996,408 17,971,352 0 0 18,967,760 88,000
Industry 1,906,945 0 0 0 1,906,945 627,133
Transfer payment conditions met 0 0 0 0 0 (2,886,992)
Total transfer payments 55,368,683 69,653,056 0 0 125,021,739 92,874,344
 
Operating expenses
Salaries and employee benefits 10,477,505 4,503,813 6,711,985 9,355,818 31,049,121 32,283,529
Bad debt expense 8,652,890 90,319 0 0 8,743,209 1,116,507
Professional and special services 3,644,719 212,797 116,975 941,364 4,915,855 5,554,687
Accommodation 1,046,337 444,277 619,928 917,930 3,028,472 3,196,252
Rentals 210,182 73,451 330,658 691,424 1,305,715 920,181
Transportation and communication 43,317 5,982 20,042 920,995 990,336 1,162,585
Acquisition of machinery and equipment 10,145 3,655 7,494 649,059 670,353 848,074
Repairs and maintenance 1,091 421 1,231 273,373 276,116 180,540
Information 17,086 9,731 12,407 141,752 180,976 235,283
Utilities, materials and supplies 20,240 8,109 15,213 90,648 134,210 141,000
Amortization of tangible capital asset 0 0 0 40,309 40,309 122,188
Other 14,514 1,185 6,275 7,538 29,512 (1,359)
Expenses incurred on behalf of government (10,559,835) (90,319) 0 0 (10,650,154) (1,743,640)
Total operating expenses 13,578,191 5,263,421 7,842,208 14,030,210 40,714,030 44,015,827
Total expenses 68,946,874 74,916,477 7,842,208 14,030,210 165,735,769 136,890,171
 
Revenues
Amortization of discount 0 71,156 0 0 71,156 139,508
Interest 57 44,853 0 0 44,910 33,128
Other 814 299 446 746 2,305 744,672
Revenues earned on behalf of government (57) (116,009) 0 (65) (116,131) (914,064)
Total revenues 814 299 446 681 2,240 3,244
Net cost from continuing operations $ 68,946,060 $ 74,916,178 $ 7,841,762 $ 14,029,529 $ 165,733,529 $ 136,886,927

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13. Comparative information

Comparative figures have been reclassified to conform to the current year's presentation.