Supporting Information on the Program Inventory
Supporting information on planned expenditures, human resources, and results related to Western Economic Diversification Canada's program inventory is available in the GC InfoBase.
Program 1.1: Innovation
Description
Introducing innovative new products, technologies or improvements to existing processes enhances business growth and competitiveness in the global marketplace. Western Economic Diversification Canada's Innovation programming makes strategic investments with western Canadian businesses, industry organizations and post-secondary institutions to enhance business innovation through research and development, and technology commercialization.
| Expected results | Performance indicators | Target | Date to achieve target | 2019-20 actual results | 2018-19 actual results | 2017-18 actual results |
|---|---|---|---|---|---|---|
| Western Canadian businesses are innovative | Business sales growth resulting from commercialization ($) | $289.2M | March 31, 2022 | $219.4M | $232.0M | $94.0M |
| Western Canadian businesses are innovative | Number of HQP (including STEM) jobs created | 1,094 | March 31, 2022 | 1,693 | 656 | 509 |
| 2021-22 Planned spending | 2022-23 Planned spending | 2023-24 Planned spending |
|---|---|---|
| 93,362,492 | 58,672,279 | 48,732,399 |
| 2021–22 | 2022–23 | 2023–24 |
|---|---|---|
| 117 | 88 | 85 |
Program 1.2: Business Growth
Description
The Business Growth Program has two domains, which support western Canadian businesses, industry and research organizations to enhance their productivity, participation in global markets, and competitiveness. The Trade, Investment and Market Access domain increases western Canada's participation in global markets, increasing awareness of western Canada's technology capabilities abroad and attracting foreign investment to the region. The Business Productivity domain supports western Canadian businesses, not-for-profit organizations and industry, in initiatives to enhance productivity, competitiveness and the growth of western Canadian businesses.
| Expected results | Performance indicators | Target | Date to achieve target | 2019-20 actual results | 2018-19 actual results | 2017-18 actual results |
|---|---|---|---|---|---|---|
| Western Canadian businesses are competitive and export their products/services | Export sales growth ($)1 | $521.0M | March 31, 2022 | $206.4M2 | $781.4M | $615.0M |
| Western Canadian businesses are competitive and export their products/services | Number of jobs created (#)1 | 2,469 | March 31, 2022 | 2,680 | 2,489 | 1,514 |
1 Results are based on active projects reporting during the 2019-20 fiscal year and are not cumulative from previous years. Consequently, trends analysis would not be an accurate way to assess these results.
2 The variance for this indicator, export sales growth, is attributed to several multi-year projects for which results were realized or reported earlier than anticipated.
| 2021-22 Planned spending | 2022-23 Planned spending | 2023-24 Planned spending |
|---|---|---|
| 80,259,340 | 70,246,060 | 50,897,294 |
| 2021–22 | 2022–23 | 2023–24 |
|---|---|---|
| 70 | 70 | 70 |
Program 1.3: Business Services
Description
The Business Services program consists of six Western Canada Business Service Network (WCBSN) members, which are independent organizations that receive financial support from Western Economic Diversification Canada to provide services to prospective and current entrepreneurs to help start, grow or expand small businesses across western Canada. This network offers its services to western Canadians in over 100 locations. WCBSN members include:
- Community Futures (CF);
- Women's Enterprise Initiative (WEI);
- Indigenous Business Development Services;
- Francophone Economic Development Organizations;
- Entrepreneurs with Disabilities Program; and
- Canada Business Network.
| Expected results | Performance indicators | Target | Date to achieve target |
2019-20 Actual results |
2018-19 Actual results |
2017-18 Actual results |
|---|---|---|---|---|---|---|
| Western Canadian businesses have access to advisory services and capital | Employment growth of WD supported firms (percentage)1 | 6.5% | March 31, 2022 | 6.8% | 8.53% | 7.50% |
| Western Canadian businesses have access to advisory services and capital | Value of loans disbursed ($)2 | $77.0M | March 31, 2022 | $78.5M | $81.0M | $75.6M |
1 Community Futures (CF) organizations only.
2 Aggregate of CF and WEI business loans data.
| 2021-22 Planned spending | 2022-23 Planned spending | 2023-24 Planned spending |
|---|---|---|
| 42,834,338 | 42,350,661 | 42,028,388 |
| 2021–22 | 2022–23 | 2023–24 |
|---|---|---|
| 40 | 38 | 38 |
Program 1.4: Community Initiatives
Description
The Community Initiatives program provides targeted funding to support economic development activities in communities across western Canada. Programming in this area is often through dedicated, temporary supplementary funding from the Government of Canada or through the department's own special allocations in response to the specific challenges that affect western Canadian communities. It also provides community funding in western Canada to build and renew infrastructure in rural and urban municipalities across Canada, allowing them to compete in the regional, national and global economy.
| Expected results | Performance indicators | Target | Date to achieve target |
2019-20 Actual results |
2018-19 Actual results |
2017-18 Actual results |
|---|---|---|---|---|---|---|
| Western Canadian communities have necessary public infrastructure and adjustment support to promote economic growth | Number of communities benefitting from infrastructure projects | 11 | March 31, 2022 | 87 | 482 | 6711 |
| Western Canadian communities have necessary public infrastructure and adjustment support to promote economic growth | Number of businesses created, maintained, or expanded | 10,034 | March 31, 2022 | 325 | N/A | 1873 |
1 The results achieved for 2017-18 represent projects completed under the Canada 150 Community Infrastructure Program.
2 Results from restoring the Hudson Bay rail line and reopening of the Port of Churchill. Federal Budget 2018 provided additional funding for this initiative.
3 The results achieved for 2017-18 reflect delivery of the Drywall Support Program.
| 2021-22 Planned spending | 2022-23 Planned spending | 2023-24 Planned spending |
|---|---|---|
| 113,960,202 | 29,128,240 | 23,652,083 |
| 2021–22 | 2022–23 | 2023–24 |
|---|---|---|
| 35 | 23 | 23 |
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