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Table 5: Horizontal Initiatives
Name of Horizontal Initiative: Western Economic Partnership Agreements
Name of Lead Department(s): Western Economic Diversification
Lead Department Program Activity: PA1 - Community Economic Planning, Development and Adjustment
PA2 - Business Development and Entrepreneurship
PA3 - Innovation
Start Date of the Horizontal Initiative:
August 2003 (Round II)
April 2008 (Round III)
End Date of the Horizontal Initiative:
March 2008 (Round II) - payments to March 2010
March 2012 (Round III) - payments to March 2014
Total Federal Funding Allocation (start to end date):
$100M (Round II)
$100M (Round III)
Description of the Horizontal Initiative (including funding agreement): WEPAs are four-year, $50M cost shared agreements between the federal government and each of the four western provinces to promote shared economic development priorities.
Shared Outcome(s): SO1 - Economically viable communities in Western Canada with a high quality
of life.
SO2 - A competitive and expanded business sector in Western Canada and a strengthened western Canadian
innovation system.
An evaluation of the previous WEPAs concluded that for every dollar invested by WD for WEPA initiatives, another $1.65
was leveraged from other government and non-government sources. In addition, the Draft Final Report states that
“generally, partners, management, and staff, as well as case study participants all spoke positively about the ability
of cost-shared agreements (such as WEPAs) to promote collaboration, strengthen partnerships, and more strategically
focus common priorities.â€
Governance Structure(s): A Management Committee that consists of one federal Co-Chair and one provincial Co-Chair carries out the administration and management of each of the WEPAs.
| Federal Partners | Federal Partner Program Activity (PA) | Names of Programs for Federal Partners | Total Allocation (from Start to End Date) | Planned Spending for 2008-09 |
Actual Spending for 2008-09 |
Expected Results for 2008-09 |
Results Achieved in 2008-09 |
|---|---|---|---|---|---|---|---|
| Western Economic Diversification | PA1 - Community Economic Planning, Development and Adjustment | Western Economic Diversification | $37,000 | $2,500 | $3,362 | Leveraging (from all sources) of $1.21 for every $1 spent | $1.65 |
| Western Economic Diversification | PA2 - Business Development and Entrepreneurship | Western Economic Diversification | $13,000 | $1,000 | $1,392 | Leveraging (from all sources) of $1.21 for every $1 spent | $1.65 |
| Western Economic Diversification | PA3 - Innovation | Western Economic Diversification | $50,000 | $1,000 | $8,111 | Leveraging (from all sources) of $1.21 for every $1 spent | $1.65 |
| Total WEPA | $100,000 | $4,500 | $12,865 | ||||