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SECTION III - SUPPLEMENTARY INFORMATION

Financial Highlights

The financial highlights presented within this Departmental Performance Report are intended to serve as a general overview of WD's financial position and operations.  The WD's financial statements can be found on its website at: http://www.wd-deo.gc.ca/


($ thousands)
Condensed Statement of Financial Position
At End of Year (March 31, 2009)
% Change 2009 2008
Assets      
Total Assets -8% $22,137 $24,014
Total -8% $22,137 $24,014
Liabilities      
Total Liabilities -20% $114,683 $143,542
Equity      
Total Equity 23% $(92,546) $(119,528)
Total -6% $22,137 $24,014


($ thousands)
Condensed Statement of Financial Position
At End of Year (March 31, 2009)
% Change 2009 2008
Expenses      
Total Expenses -5% $242,539 $255,512
Revenues      
Total Revenues -85% $1,569 $10,621
Net Cost of Operations -13% $240,970 $244,891

Assets by Type
Total Assets were $22,137,000 at the end of 2008-2009, a decrease of 1,877,000 (8 per cent) over the previous year's total assets of $24,014,000.  Repayable contributions and prepayments (Loan and Investment Program) represent the largest portion of assets at $18,926,000 or 85 per cent of total assets.

Liabilities by Type
Total liabilities were $114,683,000 at the end of 2008-2009, a decrease of $28,859,000 (20 per cent) over the previous year's total liabilities of $143,542,000.  Transfer payments represent the largest portion of liabilities at $100,786,000 or 88 per cent of total liabilities.

Expenses - Where Funds Go
Total expenses for WD were $242,539,000 in 2008-2009.  The majority of funds, $140,554,000 or 58 per cent, were spent in fostering Entrepreneurship and Innovation; while fostering the community economic development in Western Canada represents $87,565,000 or 36 per cent of total expenses.

List of Supplementary Information Tables

All electronic supplementary information tables found in the 2008-2009 Departmental Performance Report can be found on the Treasury Board of Canada Secretariat's website at: http://www.tbs-sct.gc.ca/dpr-rmr/st-ts-eng.asp.

Table 1:  Sources of Respendable and Non-Respendable Revenue
Table 2:  User Fees/External Fees
Table 3:  Details on Transfer Payment Programs (TPPs)
Table 4:  Up-Front Multi-Year Funding (formerly Foundations (Conditional Grants))
Table 5:  Horizontal Initiatives
Over the past year, Western Economic Diversification Canada was involved in the following horizontal initiatives as either the lead or the partner:

  1. Western Economic Partnership Agreements (lead)
  2. Infrastructure Canada Program (partner)
  3. Canada Strategic Infrastructure Fund (partner)
  4. Municipal Rural Infrastructure Fund (partner)
  5. Canada Business Network (partner)
  6. Economic Development Initiative (partner)

Table 6:  Sustainable Development Strategy
Table 7:  Green Procurement
Table 8:  Response to Parliamentary Committees and External Audits
Table 9:  Internal Audits and Evaluations


Table 10: 2008-2009 G&C Expenditures by Sub-program
($000s) Collaboration and Coordination Research
 and Analysis
Advocacy Community Economic Planning, Development and
Adjustment
Infrastructure Business Development
and Entrepreneurship
Innovation TOTAL
Western Diversification Program                
Alberta/Saskatchewan Centenaries $0 $0 $0 $3,641 $0 $0 $0 $3,641
Regina Development Agreement $0 $0 $0 $1,326 $0 $0 $0 1,326
Saskatoon Development Agreement $0 $0 $0 $2,582 $0 $0 $0 $2,582
Vancouver Development Agreement $0 $0 $0 $704 $0 $0 $0 $704
Winnipeg Partnership Agreement $0 $0 $0 $320 $0 $0 $3,930 $4,250
Employment Development Initiative $0 $0 $0 $0 $0 $0 $160 $160
Entrepreneurs with Disabilities Program $0 $0 $0 $17 $0 $1,235 $0 $1,252
Francophone Economic Development Organizations $0 $0 $0 $1,096 $0 $1,096 $0 $2,192
Mountain Pine Beetle – Airport Improvements Initiative $0 $0 $0 $13,816 $0 $0 $0 $13,816
Mountain Pine Beetle – Community Economic Diversification Initiative $0 $0 $0 $6,114 $0 $0 $0 $6,114
National Programs $0 $0 $0 $588 $0 $0 $0 $588
Official Languages - Internships $0 $0 $0 $34 $0 $0 $0 $34
Official Languages - Pilot Projects $0 $0 $0 $479 $0 $0 $0 $479
Conference Support $0 $0 $20 $3 $0 $140 $85 $228
Canada/Saskatchewan Northern Development Agreement $0 $0 $0 $1,753 $0 $0 $0 $1,753
Women's Enterprise Initiative $0 $0 $0 $0 $0 $3,866 $0 $3,866
VIDO/Intervac $0 0 $0 $0 $0 $0 14,092 $14,092
Western Diversification Program $0 923 $0 $5,939 $0 $13,653 $43,773 $64,288
Western Economic Partnership Agreement II $0 $0 $0 $3,362 $0 $1,392 $5,991 $10,745
Western Economic Partnership Agreement III $0 $0 $0 $0 $0 $0 $2,120 $2,120
TOTAL Western Diversification Program $0 $923 $0 $41,774 $0 $21,382 $70,151 $134,230
TOTAL Loan Investment Program $0 $0 $0 $0 $0 $2,047 $0 $2,047
TOTAL CF Program $0 $0 $0 $18,508 $0 $19,274 $0 $37,782
TOTAL Infrastructure Canada Program $0 $0 $0 $0 $12,950 $0 $0 $12,950
TOTAL EXPENDITURES $0 $923 $0 $60,282 $12,950 $42,703 $70,151 $187,009



Table 11a: Cumulative Impact of G&C Projects by Sub-Activity37
Business Development and Entrepreneurship
Sub-Activity Goal Performance Indicator Number of Projects Reporting Outcome Reported
1.1.1
Improved Business Productivity
Increase in SME competitiveness and productivity % of client satisfaction with business services provided through funded projects 11 94%
Number of jobs created or maintained 11 377

Number of businesses created/maintained/expanded

21 582

1.1.2
Market/Trade Development

Increased participation in international markets

Number of industry association partnerships created

5

30

Number of companies participating in export and market development initiatives

12

1627

Number of projects promoting participation in major international event

3

20

Number of export-ready companies 2 28

1.1.3 Industry Collaboration

Increase in number of successful partnerships and strategic alliances

Number of partnerships/strategic alliances

14

87

1.1.4 Foreign
Direct Investment

Increase in foreign investment in Western Canada

$ in direct investment facilitated by WD

1

$1,000,000

1.1.5 Access To Capital

Increased investment to targeted western Canadian firms

Capital funds provided

1

$250,000

Dollars leveraged 3

$1,212,588

Number of businesses created/maintained/expanded 4 9

Innovation

Sub-Activity Goal Performance Indicator Number of Projects Reporting Outcome Reported

1.2.1
Technology
Adoption and Commercialization

Increase in the number of technologies developed in research institutions with commercialization potential and increase in the number of technologies adopted by existing firms

Number of patents files/issued

5

51

Number of technology demonstrations

9

147

Number of technologies adopted

6

31

Number of prototypes developed

8

59

Number of technologies to market

5

26

Venture capital $ invested

2

$11,000,000

1.2.2 Technology Linkages

Increased connections and synergies among innovation system members.

Number of networks formed

10

94

Number of attendees at funded conferences

14

820,581

Number of new or incremental members of innovation associations

6

35,884

1.2.3 Technology Research and Development Applied R&D leading to technologies with commercialization potential

Number of products or processes that are identified for further R&D

4

214

Number of demonstrations of viability of technology

2

8

Number of patents filed/issued

2

5

1.2.4 Community Innovation Increased technological capacity in a community

Number of community planning studies that focus on building innovation capacity

7

15

Number of skilled personnel engage in R&D through funded projects

8

913

1.2.5 Technology Skills Development Increase in training, education, and skills building of highly qualified people

Number of people trained through training events

3

2,136

1.2.6 Knowledge Infrastructure

Increase in physical assets for R&D or training.

Number of square meters dedicated to R&D and skills training

3

641

Value of R&D undertaken for a 3-year period following completion of the new facility or equipment set-up

4

$8,463,898

Number of physical assets (buildings and equipment)

15

48

Community Economic Planning Development and Adjustment
Sub-Activity Goal Performance Indicator Number of Projects Reporting Outcome Reported
2.1.1 Community Planning Enhanced community planning Number of activities providing planning leadership and expertise 21 65
Number of instances facilitating community involvement 19 489
Number of partnerships developed/maintained 14 224
2.1.2 Community Development Increased viability and diversification of local economies Number of instances of increased capacity in community organizations 37 966
Number of enhanced community services or facilities 59 256
Number of instances of increased community stability 21 44
Number of people trained 37 4,189
Number of jobs created or maintained 14 395
Number of businesses created/maintain/expanded 6 93
2.1.3 Community Economic
Adjustment
Successful community adjustment to mitigate economic crises Number of public private partnerships 3 2
Number of businesses created/maintained/expanded 3 103
Number of participants trained 3 112
Policy, Advocacy and Coordination
Program Activity Goal Performance Indicator Number of Projects Reporting Outcome Reported
Collaboration and Coordination Better coordinated economic development activities and programs in the West Improvement in geographic or target group program coverage 1 1
Number of coordinated services offered 1 2
Advocacy An improved understanding and awareness of western issues by federal policy makers and increased access to and participation in federal programs by the region Number of western priorities accounted for in federal trade and investment policies 2 6
Research and Analysis An enhanced dialogue around and understanding of western issues, challenges, opportunities and priorities Number of opinion editorials based on WD sponsored research 3 55
Number of program or policy decisions influenced by WD research 4 5
Number of spokesperson and media references to reports 6 78


Table 11b: Cumulative Impact of Infrastructure Canada Program by Sub-Activity38

Infrastructure Canada Program (cumulative outcomes)

Sub-Activity Goal Performance Indicator Outcome Reported
2.2.1 Green Infrastructure Improved green infrastructure Increase in number of households with improved potable water quality 627,690
Increase in number of households with improved wastewater treatment (includes new connections to wastewater systems) 288,157
Increased composting and recycling of solid waste (number of metric tonnes per annum) 41,520
Improved energy efficiency of municipal buildings resulting in a reduction in electricity used (kWh per cubic meter) 4.3 million
Improved energy efficiency of municipal buildings resulting in a reduction in heating fuel used (BTU per cubic meter) 1.8 million
2.2.2 Local Transportation Infrastructure Better local transportation Number of road and local transportation infrastructure improvements 277
Number of communities benefiting from safer roads and new or improved public transportation 400
2.2.3 Other Infrastructure Priorities Improved infrastructure such as recreation facilities, tourism, and rural telecommunications Number of visits to cultural and recreation facilities improved through funded projects 19,300
Number of new tourism infrastructure 32
Number of communities benefiting from cultural, recreation, and tourism facilities 290
Increase in number of affordable house units 270
Increase in number of high-speed Internet access for local public institutions 168

Other Items of Interest

In 2008-2009, WD worked with other federal departments to position funding for the Economic Development Initiative (EDI), as part of the federal Road Map for Canada's Linguistic Duality 2008-2013: Acting for the Future. For more information about EDI, and WD’s other efforts related to the Official Languages Act, please see:

 


[1] Total Authorities were greater than planned spending as new funding was received through Supplementary Estimates, consisting of: $4.9M contribution transfer for Infrastructure Canada Program (ICP), $1.7M in excess revenue collections, $1.4M for collective agreements, and $ 0.6M for various items.

[2] Actual Spending was lower than Total Authorities, primarily due to the transfer of contractual commitments between fiscal years under ICP, Mountain Pine Beetle Program initiatives, Alberta and Saskatchewan Centenaries Initiative and International Vaccine Centre's  (InterVac) Biosafety Level III Containment Facility in Saskatoon.

[3] Actual full-time positions (FTEs) were greater than planned due to new recruitment related to WD's human resources renewal priority.

[4] At the strategic outcome level, WD does not attempt to directly attribute outcomes to departmental efforts; attribution is more direct at the program activity and sub-activity levels.

[5] Most recent data available.

[6] The variance between actual spending and total authorities was offset against other program activities. No parliamentary vote authority was exceeded.

[7] Actual Spending is lower than Total Authorities, primarily due to the re-profiling of funds ($10.6M) related to the International Vaccine Centre.

[8] Actual Spending was lower than Total Authorities, primarily due to the transfer of contractual commitments between fiscal years under Mountain Pine Beetle Program initiatives and Alberta and Saskatchewan Centenaries.

[9] Planned and actual spending does not include grants and contributions resources administered by WD on behalf of Infrastructure Canada (Municipal Rural Infrastructure Fund, Canada Strategic Infrastructure Fund and Building Canada Fund), as this amount (approximately $125.9M in actual spending) is reported by Infrastructure Canada.  Actual Spending is greater than Total Authorities as WD started delivering against the Building Canada Fund (Community Component) in 2008-2009. No parliamentary vote authority was exceeded.

[10] Actual performance far exceeds target, as the target was set conservatively in the absence of any previous benchmark.

[11] Value of all project funding approved is used as an indicator of overall performance related to Policy, Advocacy, and Coordination, since Advocacy may result in increased funding for initiatives and Collaboration and Coordination enhances funding leveraged from other sources.

[12] Project success rate is used as a indicator of overall Policy, Advocacy, and Coordination performance since relevant policies and programs facilitate the attainment of individual project goals.

[13] The variance between Actual Spending and Total Authorities was offset against other program activities. No parliamentary vote authority was exceeded.

[14] Type is defined as follows: previously committed to – committed to in the first or second fiscal year prior to the subject year of the report; ongoing – committed to at least three fiscal years prior to the subject year of the report; and "new" – newly committed to in the reporting year of the Departmental Performance Report.

[15] Status includes "successfully met," "mostly met," "somewhat met," "not met," or "exceeded expectations." Two factors were taken into consideration in determining status of operational priorities: expenditures versus budget, and actual project approvals versus target.

[16] Rural diversification projects are defined as improved business productivity, all Innovation, community development, and Research and Analysis projects outside of the seven major metropolitan areas in Western Canada.

[17] Competition Policy Review Panel, "Compete to Win", http://www.ic.gc.ca/eic/site/cprp-gepmc.nsf/eng/h_00040.html

[18] See footnote #6.

[19] Most recent data available.

[20] Most recent data available.

[21] Includes loans provided through the WCBSN ($83.69M) and through the Loan and Investment Program ($16.6M). Decrease in year-over-year lending through the Loan and Investment Program is due to a decrease in lending by Vancity Capital Corporation, as well as $1.4M in lending via the Manitoba Francophone Fund reported late (to be credited to 2009-2010).

[22] In 2008-2009, WCBSN members responded to over 212,000 information requests, provided over 50,500 advisory services, trained over 34,000 clients, and approved 1,611 loans totalling $82.5M, which leveraged $152.6M. In addition, the Canada Business Network provided over 110,000 assisted services (walk-in visits) in 2008-2009 in the West, had more than 60,000 interactions with clients over the telephone and by e-mail, and received over 1,190,000 web visitors.

[23] See footnote #7.

[24] Most recent data available.

[25] Most recent data available.

[26] Other intermediate technology commercialization results reported include: 227 patents, 343 prototypes developed, 164 technology demonstrations, and 30 spin-off companies.

[27] Other intermediate knowledge infrastructure results reported include: an additional 9,000 square meters nearing completion, 35 patents and 6 spin-off companies.

[28] See footnote #8.

[29]  See footnote #9.

[30] See footnote #11.

[31] Includes WEPA and Urban Development Agreement G&C expenditures.

[32] See footnote #13.

[33] See footnote #11.

[34] See footnote #11. Overall, 88 per cent of key informant respondents stated that WD Advocacy activities have contributed to decisions by other organizations that benefit economic policies and programs in the West.

[35] Approximately 66 per cent of all key informants indicate that they were aware of instances where WD positions taken with respect to national policies, programs and the government's capital procurement agenda contributed to advancing the West's interest.

[36] See footnote #11.

[37] Includes all outcomes reported from April 1, 2005 - June 25, 2009, through Project Gateway. Excludes Unexpected Benefits, outcomes reported in draft stage, as well as outcomes of core funding of WCBSN members.

[38] Includes cumulative outcomes from October 2000 to March 31, 2009.