Financial Table 4
Crosswalk between Strategic Outcomes and Business Lines
The following table demonstrates the resource relationship between the Strategic
Outcomes and Business Lines.
| Business Line |
2003-2004 ($ millions) |
| Total Planned Spending |
Total Actual Spending |
| Development |
| Strategic Outcome One: Enterprise Development |
| Innovation |
126.2 |
71.0 |
| Entrepreneurship and Business Skills Development |
29.7 |
25.0 |
| Trade |
33.7 |
32.7 |
| Investment |
4.1 |
1.8 |
| Tourism |
39.7 |
35.7 |
| Access to Capital and Information |
53.5 |
77.1 |
| Total Enterprise Development |
286.9 |
243.3 |
| Strategic Outcome Two: Community Development |
| Community Economic Development |
76.6 |
100.6 |
| Special Response Measures |
3.7 |
19.4 |
| Infrastructure |
42.7 |
40.8 |
| Total Community Development |
123.0 |
160.8 |
| Strategic Outcome Three: Policy Advocacy and Co-ordination |
| Policy Research |
3.3 |
4.2 |
| Advocacy |
3.0 |
2.9 |
| Co-ordination |
2.0 |
2.0 |
| Total Policy Advocacy and Co-ordination |
8.3 |
9.1 |
| Total Development |
418.2 |
413.2 |
| Corporate Administration* |
21.0 |
24.4 |
| Total Programming |
439.2 |
437.6 |
* Not ascribed to Strategic Outcomes in the Agency's 2003-2004
Estimates Part III Report on Plans and Priorities. The transition began
in fiscal year 2002-2003, with full implementation to Strategic Outcomes
applied in fiscal year 2004-2005.
Variances: Planned/Actual Spending
Innovation
Actual spending of $71 million in 2003-2004 represented a decrease of $55 million
from planned spending. Although the Agency has approved close to $300 million
in projects under the Atlantic Innovation Fund, signing of actual contribution
agreements is lagging behind planned activity as terms and conditions are
negotiated with multiple proponents.
Access to Capital and Information
Actual spending of $77 million in 2003-2004 showed an increase of $24 million
over planned spending due to increased demand from clients for assistance
in starting up new businesses, in modernizing and/or expanding businesses
and in creating employment.
Community Economic Development
Actual spending of $101 million in 2003-2004 was $24 million greater than planned.
The Agency was able to meet demands to strengthen community planning and
development through its various partnerships and also through support to
community business development corporations to help entrepreneurs in rural
areas.
Special Response Measures
The $16 million increase in 2003-2004 spending over planned spending represented
funding allocated to initiatives in response to the economic downturn as
a result of the closure of the cod fishery.
