Agence de promotion économique du Canada atlantique

Financial Table 7

Transfer Payments

Transfer Payments refers to resources transferred to organizations and individuals. They include expenditures made for both statutory appropriations and voted items for grants and contributions under Agency programming.

Summary of Transfer Payments by Program and Business Line ($ millions)
Development Business Line			2003-2004
Development Business Line	Actual 2001-2002	Actual 2002-2003	Total Main Estimates	Total Planned Spending	Total Authorities	Total Actual Spending
Grants
Business Development Program	1.9	2.0	1.8	1.8	1.3	1.3
AIP-Trade, Tourism, Investment, Entrepreneurship and Business Skills Development	-	-	0.2	0.2	0.2	0.2
Total Grants	1.9	2.0	2.0	2.0	1.5	1.5
Contributions
Business Development Program	116.8	129.0	125.9	125.9	153.3	153.3
Atlantic Policy Research Initiative	0.5	0.6	0.6	0.6	0.3	0.3
Community Futures	25.6	7.8	10.8	10.8	22.6	22.6
Federal Provincial Co-operation Agreements	43.2	27.6	24.8	24.8	17.8	17.8
AIP-Atlantic Innovation Fund	-	24.9	86.0	86.0	39.5	34.5
AIP-Strategic Community Investment Fund	0.6	17.1	35.0	35.0	55.6	55.6
AIP-Trade, Tourism, Investment, Entrepreneurship and Business Skills Development	-	5.6	24.0	24.0	17.9	17.9
Canadian Fisheries Adjustment and Restructuring Initiative	29.5	14.3	3.7	3.7	2.0	2.0
Saint John Shipyard Initiative	-	-	-	-	1.0	1.0
Infrastructure Canada	14.4	39.4	42.1	42.1	39.7	39.7
Statutory Transfer Payments	7.5	5.4	5.0	5.0	6.0	6.0
Total Contributions	238.1	271.7	357.9	357.9	355.7	350.7
Total Transfer Payments	240.0	273.7	359.9	359.9	357.2	352.2

The difference of $5.0 million between Total Authorities and Total Spending is due to the amount set aside by ACOA toward the government re-allocation exercise late in the fiscal year.
AIP in the above table refers to Atlantic Investment Partnership.




Date Modified: 2006 10 30	Important Notices