ARCHIVED - Canadian Northern Economic Development Agency

Strategic Outcome: Developed and diversified territorial economies that support prosperity for all Northerners

Program Activity: Community Development

Name of Transfer Payment Program: Community Adjustment Fund (voted)

Start date: April 23, 2009

End date: March 31, 2011

Description: The Community Adjustment Fund (CAF) is a two-year national program established under Budget 2009, Canada's Economic Action Plan. Its objectives are to provide economic stimulus to create or maintain jobs in and around communities affected by the global recession, and to promote economic diversification of those communities. CanNor delivers CAF in Yukon, the Northwest Territories and Nunavut.

CAF will support projects in and around communities affected by the economic downturn. Eligible recipients include social enterprises, individuals, other levels of government and other non-federal entities, public or private, that have an interest in economic development in the North.

Expected results: Near-term results during the two-year stimulus period will be measured by the number of projects (funding agreements), CAF funds committed, other funds leveraged, new business start-ups (number of for-profit businesses created, maintained and expanded) and number of jobs created or maintained (person-months employment).

($ millions)

	Forecast Spending 2009–2010	Planned Spending 2010–2011	Planned Spending 2011–2012	Planned Spending 2012–2013
Total contributions	15.575	15.585	0	0
Total transfer payments	15.575	15.585	0	0

Summary of the 3 Year Plan: CanNor's departmental evaluation plan will be developed in 2010-2011. A summative evaluation of CAF is planned for 2011–2012.

Strategic outcome: Developed and diversified territorial economies that support prosperity for all Northerners

Program activity: Business Development and Community Development

Name of transfer payment program: Strategic Investments in Northern Economic Development (voted)

Start date: April 1, 2009

End date: March 31, 2014

Description: Strategic Investments in Northern Economic Development is a project-based suite of programs to strengthen the driver sectors of the territorial economies; diversifying them; and encouraging Northerners' participation in the economy. Eligible recipients include social enterprises, individuals, other levels of government and other non-federal entities, public or private, that have an interest in economic development in the North.

Expected results:

• Strengthened Northern innovation and technology capacity and increased knowledge base
• Increased access to funding for northern and Aboriginal entrepreneurs
• Increased uptake of economic opportunities in existing, expanding and emerging sectors
• Increased capacity through training and business skills development activities of northern individuals and communities to identify and respond to economic development needs and opportunities
• Enhanced quality infrastructure for northern communities

($ millions)

	Forecast Spending 2009–2010	Planned Spending 2010–2011	Planned Spending 2011–2012	Planned Spending 2012–2013
Total contributions	0	0	0	0
Total transfer payments	8.157	18.157	18.157	18.157
Total other types of transfer payments	0	0	0	0
Total transfer payments	8.157	18.157	18.157	18.157

Summary of the 3 Year Plan: CanNor's departmental evaluation plan will be developed in 2010-2011. A summative evaluation of SINED is expected to be completed by December 2010.

Strategic Outcome: Developed and diversified territorial economies that support prosperity for all Northerners (1.0)

Program activity: Community Development (1.2)

Name of transfer payment program: Aboriginal Economic Development (voted)

Start date: April 1, 2009

End date: On-going

Description: Aboriginal Economic Development funding is designed to increase Aboriginal participation in the Canadian economy. Through community investment, community infrastructure programming, and individual and community business development, CanNor provides funding and other supports to viable and sustainable proposals brought forward by First Nation, Métis and Inuit entrepreneurs in the North, as well as by northern communities, Aboriginal businesses and financial organizations.

($ millions)

	Forecast Spending 2009–2010	Planned Spending 2010–2011	Planned Spending 2011–2012	Planned Spending 2012–2013
Total contributions	11.8	11.8	11.8	11.8
Total transfer payments	11.8	11.8	11.8	11.8

Summary of the 3 Year Plan: CanNor's departmental evaluation plan will be developed in 2010-2011.