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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)
(thousands) |
10. Names of Programs for the Federal Partner(s) | 11. Total Allocation From Start to End Date ($000) |
12. Planned Spending for 2007–2008 ($000) |
13. Actual Spending in 2007–2008 ($000) |
14. Planned Results for 2007–2008 ($000) |
15. Results Achieved in 2007–2008 ($000) |
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1. Western Economic Diversification Canada | (a) Western Diversification Program |
$100,000 |
$21,000 |
$18,946 |
See comments, below.. | ||||
16. Results Achieved by Non-federal Partners: Similar to WD. | |||||||||
17. Contact Information: Jim Monzer, Senior Policy Advisor (780) 495-6881 or mail to: jim.monzer@wd.gc.ca |
The WDP Evaluation Final Report notes that for every WEPA dollar spent by WD, another $1.65 was leveraged from other sources (p. 50). In addition, the Final Report states that: “Key informants spoke positively about the ability of cost-shared agreements to promote collaboration, strengthen partnerships, and more strategically focus on common priorities.” (p. 44)