The new templates are expected to be implemented in the coming year. CanNor continues to improve its financial reporting to ensure effective financial control and monitoring. Program activities included delivery of Business Development Bank of Canada training modules; program funding for the Business Training Fund; development of a Women’s Initiative in Self-Employment; development of a Small and Medium Enterprise SME Strategy; and stakeholder engagement and training to determine the needs related to training and education, research, communication, and issue management. Aboriginal Economic Development Sub-Program 1. It is a foundation for continuous improvement efforts within the Agency.
Non-financial assets include leasehold improvements and vehicles for which the net value is decreasing mostly because of amortization expenses. Business Development and Program 1. Archived information is provided for reference, research or record keeping purposes. For example, Strategic Investments in Northern Economic Development SINED is a program of general application which chiefly provides foundational investments benefitting businesses across sectors or regions for instance, increasing the capitalization of developmental lending organizations. This initiative brings together partners in resource development including the territorial and federal governments, Aboriginal leadership and project proponents who together plan on how to maximize the positive socio-economic impacts of major projects. This indicates that communities in the North are enjoying modest economic success, though the cost of living in the North remains higher than in the rest of Canada.
There is a large scope of economic challenges and opportunities in the North. The research has included comparative analysis of taxation policy, regulatory policy, and barriers to investment.
The territories demonstrated consistent employment growth, a decrease in the unemployment rate and an increase in average weekly earnings and plxn disposable income. Supports the growth and expansion of northern businesses, including small and medium enterprises, through training, advisory services, and grants and contributions.
In addition, actual spending related to NPMO and other CanNor salary costs aandx lower than anticipated due to the timing of the funding and the associated ramping up of activities in the northern offices. These forums allow representatives from the federal and territorial governments and regulatory boards to convene and discuss issues related to the review process and resource development.
This data gathering will be implemented in The new templates are expected to be implemented in the coming year. To further help mitigate this risk, the Agency employs a proactive external communications approach. Departmeental NPMO successfully assisted five projects through the environmental assessment phase and on to the permitting stage.
ARCHIVED – Canadian Northern Economic Development Agency – Departmental Performance Report
Return to endnote 18 referrer. This downward trend was more pronounced in Canada’s North. A new brochure to provide information on programs and services to clients and Canadians was made available at trade shows, conferences and other outreach events.
Disruptions in global economic growth can weaken demand for commodities exported from the North. These could include, for example, the development of sectoral strategies; regional resource inventories; support for the creation of technology clusters; and new product development and marketing assistance through existing mechanisms. Working in partnership can create risks.
The supplementary information tables listed in the —14 Departmental Performance Report can be found on the Canadian Northern Economic Development Agency’s website. This has included the development of the Foreign Direct Investment initiative, a research and advocacy project that looks to attract investment in the globally competitive resource capital marketplace. Additional staff was hired in but due to staffing challenges particularly for the northern offices, operating costs were lower than the available funds.
With these highlights in mind, I encourage you to read further about how CanNor continues to advance economic development and long-term prosperity for Northerners. Return to endnote 11 referrer.
ARCHIVED – Canadian Northern Economic Development Agency – 2013-14 Departmental Performance Report
CanNor maintains internal practices and models for business delivery to align with statutory and other legal requirements. Coordination and engagement of federal departments is a key component to ensuring a whole-of-government approach to resource development in the territories.
CanNor’s funding programs are proposal-driven; therefore, some years some programs may be over-subscribed as is the case in The Agency has increased management focus on these services to ensure better planning and monitoring of the costs and nature of the services received. The Agency has established networks of collaboration with federal and territorial departments, and with other key partners e.
Return to endnote departental referrer. Below are examples from each region of projects funded under this program.
The CWBI measures socioeconomic well-being in nearly every Canadian community in terms of per capita income, educational attainment, housing quantity and quality, and labour force participation and employment rates.
Return to endnote 16 referrer. CanNor’s advocacy function stems from the Agency’s mandate to “foster regional economic development in Canada’s three territories by advocating on behalf of the interests of Northern and Aboriginal people. Support is also provided to Aboriginal organizations that play a key role in the consideration of these projects.
Program activities included delivery of Business Development Bank of Canada training modules; program funding for the Business Training Fund; development of a Women’s Initiative in Self-Employment; development of a Small and Medium Enterprise SME Strategy; and stakeholder engagement and training to determine the needs related to training and education, research, communication, and issue management.
Policy and procedures are essential for operational stability and business continuity. Diversification through development of new sectors, products, and markets to broaden the economic base will reduce the territories’ vulnerability to the boom-bust cycles of resource development projects.
Interventions through Aboriginal economic development contributions programming ensure that Aboriginal communities and community economic development organizations have planning capacity and access to professional economic support and advisory services. This session was well received by the Agency’s partners, with consideration being made to making it an annual event.