ARCHIVED - Western Economic Diversification Canada

DPR Horizontal Initiative

1. Name of Horizontal Initiative:  Western Economic Partnership Agreements

2. Name of Lead Department(s):  Western Economic Diversification Canada

3. Start Date of the Horizontal Initiative:  August 2003

4. End Date of the Horizontal Initiative:  March 2008

5. Total Federal Funding Allocation (start to end date):  $100 million

6. Description of the Horizontal Initiative (including funding agreement):  WEPAs are four-year, $50 million cost shared agreements between the federal government and each of the four western provinces to promote shared economic development priorities.

7. Shared Outcome(s):  Greater federal-provincial cooperation in realizing the economic and regional development potential of Canada’s western provinces resulting in: a strengthened innovation system; the advancement of economic priorities; a competitive and expanded private sector; increased private sector investment opportunities; increased economic activity and diversity’ increased international competitiveness; and, more sustainable communities.

8. Governance Structure(s):  Joint Federal Provincial Management Committees

9. Federal Partner(s)

10. Names of Programs for the Federal Partner(s)

11. Total Allocation From Start to End Date ($000)

12. Planned Spending for 2006–2007
($000)

13. Actual Spending in 2006–2007
($000)

14. Planned Results for 2006–2007

15. Results Achieved in 2006–2007
($000)

1. Western Economic Diversification Canada

(a) Western Diversification Program

$100,000

$25,250

$25,705

Assessment, approval and management of projects

Assessed and approved 13 projects, totaling $9,110 in federal funding.

16. Comments on Variance(s): Immaterial

17. Results Achieved by Non-federal Partners:  Similar to WD.

18. Contact Information:  Jim Monzer, Senior Policy Advisor (780) 495-6881 or jim.monzer@wd.gc.ca