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Up-front Multi-year Funding
Pacific Salmon Endowment Fund
Start date: February 2001
End date: None
Description: The Pacific Salmon Endowment Fund, supported by a $30 million federal endowment from Fisheries and Oceans Canada in 1999 (TB approval), and managed by a non profit organization (Pacific Salmon Endowment Fund Society), uses interest income proceeds from the fund to support specific plans and activities managed by the Pacific Salmon Foundation to sustain salmon resources and their habitat. The mission of the Pacific Salmon Endowment Fund is to: conserve and rebuild Pacific salmon populations through strategic and focused efforts where people and resources are mobilized to work together to achieve common goals.
Strategic Outcome: Sustainable Fisheries and Aquaculture
Program Activity: Fisheries and Aquaculture Management
Summary of Annual Plans of Recipient: —
Link to Recipient's Website: —
| Actual Spending 2007-08 | Actual Spending 2008-09 | Planned Spending 2009-101 | Total Authorities 2009-10 | Actual Spending 2009-10 | Variance(s) |
|---|---|---|---|---|---|
| — | — | — | — | — | — |
1 The 2010-11 Report on Plans and Priorities indicated that the Pacific Salmon Endowment Fund Forecast Spending for 2009-10 would be $1.0 million. The $1.0 million in Forecast Spending is for the Fraser Basin Initiative administered by the Pacific Salmon Foundation but is considered a separate initiative.
Comment(s) on Variance(s): —
Significant Evaluation finds by the recipient during the reporting year and future plan: —
Significant Audit findings by the recipient during the reporting year and future plan: —
Atlantic Salmon Conservation Foundation
Start date: January 2007
End date: None
Description: The Atlantic Salmon Endowment Fund is a one time conditional grant that will be invested in order to provide long-term funding for the operation of the Atlantic Salmon Conservation Foundation (ASCF). The ASCF will invest the funds and use the income to assist community groups in the restoration, protection and improved conservation of the Atlantic salmon resource in Atlantic Canada and Quebec. This will promote projects in research, conservation, habitat restoration and enhancement for the attainment of healthy and sustainable wild Atlantic salmon stocks and the projects the ASCF funds.
Strategic Outcome: Sustainable Fisheries and Aquaculture
Program Activity: Fisheries and Aquaculture Management
Summary of Annual Plans of Recipient: The Atlantic Salmon Conservation Foundation.
Link to Recipient's Website: The Atlantic Salmon Conservation Foundation.
| Actual Spending 2007-08 | >Actual Spending 2008-09 | Planned Spending 2009-10 | Total Authorities 2009-10 | Actual Spending 2009-10 | Variance(s) |
|---|---|---|---|---|---|
| — | — | — | — | — | — |
Comment(s) on Variance(s): —
Significant Evaluation finds by the recipient during the reporting year and future plan: —
Significant Audit findings by the recipient during the reporting year and future plan: —
