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ARCHIVED - Western Economic Diversification Canada
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Horizontal Initiatives
Over the next year, Western Economic Diversification Canada will be involved in the following horizontal initiatives as either the lead or the partner:
- Western Economic Partnership Agreements (lead)
- Infrastructure Canada Program (partner)
- Canada Strategic Infrastructure Fund (partner)
- Municipal Rural Infrastructure Fund (partner)
- Building Canada Fund (Community Component) (partner)
Supplementary information on Horizontal Initiatives can be found at
http://publiservice.tbs-sct.gc.ca/rma/eppi-ibdrp/hrdb-rhbd/profil_e.asp
| Name of horizontal initiative: Western Economic Partnership Agreements (WEPAs) | ||||||
| Name of lead department(s): Western Economic Diversification | Lead department program activity: Community Economic Development; Business Development and Entrepreneurship; and Innovation | |||||
| Start date of the horizontal initiative: August 2003 | End date of the horizontal initiative: March 31, 2010 | |||||
| Total federal funding allocation (start to end date): $100 million | ||||||
| Description of the horizontal initiative (including funding agreement): WEPAs are four-year, $50 million cost shared agreements between the federal government and each of the four western provinces to promote shared economic development priorities. | ||||||
| Shared outcome(s): Greater federal-provincial cooperation in realizing the economic and regional development potential of Canada's western provinces resulting in: a strengthened innovation system; the advancement of economic priorities; a competitive and expanded private sector; increased private sector investment opportunities; increased economic activity and diversity; increased international competitiveness; and, more sustainable communities. | ||||||
| Governance structure(s): Joint Federal Provincial Management Committees | ||||||
| Federal Partners | Federal Partner Program Activity (PA) | Names of Programs for Federal Partners | Total Allocation (from Start to End Date) | Planned Spending for 2008-2009 | Expected Results for 2008-2009 | |
| Western Economic Diversification | Community Economic Planning, Development and Adjustment | Western Diversification Program | $37,000,000 | $2,500,000 | Leveraging (from all sources) of $1.21 for every $1 spent | |
| Western Economic Diversification | Business Development and Entrepreneurship | Western Diversification Program | $13,000,000 | $1,000,000 | Leveraging (from all sources) of $1.21 for every $1 spent | |
| Western Economic Diversification | Innovation | Western Diversification Program | $50,000,000 | $5,500,000 | Leveraging (from all sources) of $1.21 for every $1 spent | |
| Total | $100,000,000 | $9,000,000 | ||||
| Results to be achieved by non-federal partners (if applicable): not applicable | ||||||
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Contact information: Jim Monzer Senior Policy Advisor (780) 495-6881 jim.monzer@wd.gc.ca |
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