Budget 2005: WD Expenditure Review Initiatives
In December 2003, the Prime Minister established the Expenditure Review Committee as part of a series of initiatives designed to strengthen the government's financial management and accountability. WD has contributed nearly $35 million in savings over the next five years to this exercise, as outlined in the following chart. .
For more information on the Government's Expenditure Review exercise, visit www.expenditurereview-examendesdepenses.gc.ca.  For more information on Budget 2005, visit Finance Canada's Web site at www.fin.gc.ca. For more information on WD's Expenditure Review initiatives contact Sandra Souchotte, Director , Consultations, Marketing and Communications at (613) 952-7101.
Departmental Savings |
Measures |
05/06 |
06/07 |
07/08 |
08/09 |
09/10 |
5 YR
Total |
Description |
Total
(in Millions $)
|
3.1 |
6.0 |
8.8 |
8.8 |
8.8 |
35.5 |
|
Sustainable Communities |
- |
0.4 |
0.5 |
0.5 |
0.5 |
1.9 |
Realign funding to focus on priority areas, such as urban development, and increase leverage of funding with partners. |
Corporate Efficiencies |
0.2 |
0.4 |
0.5 |
0.5 |
0.5 |
2.1 |
Reduce overhead costs. |
Innovation |
- |
0.4 |
0.5 |
0.5 |
0.5 |
1.9 |
Realign funding to focus on priority areas, such as technology commercialisation, and increase leverage of funding with partners. |
First Jobs in Science & Technology Program |
0.8 |
1.5 |
2.0 |
2.0 |
2.0 |
8.3 |
Eliminate the program as it was created during a period of high youth unemployment. The Government has other programs in place to continue to promote youth employment. |
International Trade Personnel Program |
0.8 |
1.5 |
2.0 |
2.0 |
2.0 |
8.3 |
Eliminate the program as it was created during a period of high youth unemployment. The Government has other programs in place to continue to promote youth employment. |
Loan Fund Support to Farm Credit Canada and Business Development Bank of Canada |
1.0 |
1.0 |
2.0 |
2.0 |
2.0 |
8.0 |
Eliminate underwriting one federal program by another federal program. These funds were established about 10 years ago to support FCC and BDC entering new high-risk areas. |
Community Economic Development Opportunities and Internship Programs |
0.3 |
0.8 |
1.3 |
1.3 |
1.3 |
5.0 |
Improve effectiveness of program by having participants submit specific project proposals rather than receiving an annual allotment. No change in core program funding. |
* Numbers may not add up because of rounding |
|
