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ARCHIVED - Western Economic Diversification Canada
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Foundations (Conditional Grants)
Over the next three years, Western Economic Diversification Canada will manage the following Conditional Grants in excess of $5 million:
2008-2009
- Friends of the Canadian Museum for Human Rights Inc.
- Primrose Lake Economic Development Corporation
- Prince Rupert Port Authority
2009-2010
- Friends of the Canadian Museum for Human Rights Inc.
- Primrose Lake Economic Development Corporation
2010-2011
- Friends of the Canadian Museum for Human Rights Inc.
- Primrose Lake Economic Development Corporation
For further information on the above-mentioned transfer payment programs see http://www.tbs-sct.gc.ca/est-pre/estime.asp.
Foundations (Conditional Grants)
| Name of recipient: Friends of the Canadian Museum for Human Rights Inc. (Friends) | ||
| Start date: February 25, 2004 | End date: N/A | Total funding: $27,000,000 |
| Description: Establishment of a museum for human rights in Winnipeg. | ||
| Strategic outcome(s): Community Economic Development | ||
| Summary of annual plans of recipient: On April 20, 2007, the federal, provincial and municipal governments, Friends and the Forks North Portage Partnership signed a Statement of Intentions to create this Museum as a federal institution by April 1, 2008. Federal funding for the $265 million project is capped at $100 million, including this $27 million grant and an earlier $3.0 million contribution from WD. The Department of Canadian Heritage (CH) is now leading the development of the Museum, including the provision of the remaining federal funding of $70 million and the negotiations to finalize a Definitive Agreement amongst those parties that signed the Statement of Intentions. The Friends are undertaking fundraising activities in order to complete their obligation to raise the remaining $165 million by the April 1, 2008 deadline. Once the Museum is approved as a federal institution, responsibility for the $27 million grant will be transferred from WD to CH. | ||
| Planned evaluation(s): To be determined by Canadian Heritage | ||
| Planned audit(s): None planned for fiscal year 2008-2009 | ||
| URL of recipient site: http://www.canadianmuseumforhumanrights.com/ | ||
Foundations (Conditional Grants)
| Name of recipient: Primrose Lake Economic Development Corporation | ||
| Start date: March 30, 2007 | End date: March 31, 2027 | Total funding: $15,000,000 |
| Description: Create a community-controlled trust fund for economic diversification. | ||
| Strategic outcome(s): Community Economic Development | ||
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Summary of annual plans of recipient: The focus of the Primrose Lake Economic Development Corporation (PLEDCO) in its first year of operation has been: (i) to establish its governance structure and (ii) to implement the elders program component of the PLEDCO agreement with the Saskatchewan government. The performance expectations of the PLEDCO are to establish separate funds for income generated by the trust fund and to either re-invest the funds or disburse the funds towards economic development or economic infrastructure projects. On an annual basis, it is expected that approximately $600,000 - $1,000,000 in income will be generated by the trust fund. No projects are anticipated in 2007-2008. Projects associated with oilsands, oil and gas, or forestry development could be anticipated in 2008-2009 and 2009-2010 although these projects have yet to be identified. |
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| Planned evaluation(s): The performance of the PLEDC is monitored on a regular basis by WD. An evaluation is anticipated in 2011-2012. | ||
| Planned audit(s): The first planned audit should occur in 2011-2012, consistent with the agreement between Canada and the PLEDCO. | ||
| URL of recipient site: none available | ||
Foundations (Conditional Grants)
| Name of recipient: Prince Rupert Port Authority (PRPA) | ||
| Start date: October 6, 2005 | End date: July 31, 2008 | Total funding: $30,000,000 |
| Description: Develop a three (3) crane container terminal at the existing Fairview break bulk terminal at Prince Rupert, British Columbia. | ||
| Strategic outcome(s): Entrepreneurship and Innovation | ||
| Summary of annual plans of recipient: The grant was fully disbursed in the 2006-2007 fiscal year. The Fairview container Terminal was converted from a break bulk terminal to a fully functioning container terminal. The terminal was designed to handle 500,000 20-foot equivalent container units per year. The dockside rail yard was completed. Three super post-panamax container cranes were delivered in August of 2007. The terminal became operational on October 30, 2007 with the docking of the first container ship. The facility is being visited by one ship per week. The operator, Maher Terminals, plans to increase the number of ship visits in the future. | ||
| Planned evaluation(s): Review of 5-year business plan for 2007-2011 and draft business plan for 2008-2012 and site visits indicate the grant was used and will continue to be used for its intended purpose. | ||
| Planned audit(s): None planned for fiscal year 2008-2009. | ||
| URL of recipient site: http://www.rupertport.com/ | ||