2021–2022 Departmental Results Report – Supplementary information tables – Up-front multi-year funding

General information on up-front multi-year funding to Primrose Lake Economic Development Corporation (PLEDCo)

Recipient information	Primrose Lake Economic Development Corporation (PLEDCo)
Start date	March 30, 2007
End date	Not applicable
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 2017–2018 with no significant findings. The next evaluation will be completed in 2022–2023.
Summary of results achieved by the recipient	During fiscal 2020–2021, PLEDCo worked with regional partners to mitigate COVID-19 impacts and continued to invest in regional projects.
Total funding approved (dollars)	$15,000,000
Total funding received (dollars)	$15,000,000

Planned spending in 2021–2022	$0
Total authorities available for use in 2021–2022	$0
Actual spending (authorities used) in 2021–2022	$0
Variance (2021–2022 actual minus 2021–2022 planned)	$0
Explanation of variance	Not applicable

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