Up-front multi-year funding
General information on up-front multi-year funding to Primrose Lake Economic Development Corporation (PLEDCo)
| Recipient information | |
|---|---|
| Start date |
March 30, 2007 |
| End date |
Not applicable |
| Strategic Outcome |
Community Economic Development |
| Link to department's Program Inventory |
Program: Community Initiatives |
| Purpose and objectives of transfer payment |
To assist and promote economic development in the communities within the Primrose Lake Area, and to enhance the long-term economic viability and sustainability of those communities. |
| Audit findings by the recipient during the reporting year, and future plan |
No audits performed to date. The date for an audit in the future has not yet been identified. |
| Evaluation findings by the recipient during the reporting year, and future plan |
An evaluation was completed in 2017-18 with no significant findings. The next evaluation will be completed in 2022-23. |
| Summary of results achieved by the recipient |
During fiscal 2020-21, PLEDCO worked with regional partners to mitigate COVID-19 impacts and continued to invest in regional projects. |
| Total funding approved (dollars) |
Financial Statements are pending for 2020-21. |
| Total funding received (dollars) |
$15,000,000 |
Financial information (dollars)
| Planned spending in 2020-21 | $0 |
|---|---|
| Total authorities available for use in 2020-21 | $0 |
| Actual spending (authorities used) in 2020-21 | $0 |
| Variance (2020–21 actual minus 2020–21 planned) | $0 |
| Explanation of variance | Not applicable |
- Date modified: