Supplementary Information Tables
Up-front Multi-year funding
Atlantic Salmon Conservation Foundation
Start date
January 2007
End date
Not applicable
Strategic outcome
Canadian fisheries are sustainably managed and scientific information on fisheries resources is available to inform management decisions.
Link to the department's program inventory
Fisheries Management
Description
The Atlantic Salmon Endowment Fund is a one-time grant that will be invested to provide long-term funding for the operation of the Atlantic Salmon Conservation Foundation. The Atlantic Salmon Conservation Foundation 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 Québec. This will promote projects in research, conservation, habitat restoration, and enhancement for the attainment of healthy and sustainable wild Atlantic salmon stocks.
Audit findings by the recipient during the reporting year, and future plan
No audit was conducted in 2019-20. An audit engagement of the Implementation of the Wild Salmon Policy is currently planned for 2021-22.
Evaluation findings by the recipient during the reporting year, and future plan
Not applicable
Summary of results achieved by the recipient
Home - The Atlantic Salmon Conservation Foundation: The Atlantic Salmon Conservation Foundation
| 2017-18 Actual spending |
2018-19 Actual spending |
2019-20 Planned spending |
2019-20 Total authorities available for use |
2019-20 Actual spending (authorities used) |
Variance (2019-20 actual minus 2019-20 planned) |
|---|---|---|---|---|---|
| - | - | - | - | - | - |
Explanation of variances
Not applicable
Pacific Salmon Endowment Fund Society
Start date
February 2001
End date
Not applicable
Strategic outcome
Canadian fisheries are sustainably managed and scientific information on fisheries resources is available to inform management decisions.
Link to the program inventory
Fisheries Management
Description
The Pacific Salmon Endowment Fund was established by a $30 million federal grant made by Fisheries and Oceans Canada in February 2001. Annual investment revenues generated by Endowment Fund assets are provided to the Pacific Salmon Foundation, a not-for-profit charitable organization, to undertake activities that support salmon and their habitat. In the 2018 Fall Fiscal Update, an additional contribution of $5 million to the Pacific Salmon Endowment Fund was announced and subsequently, a one-time federal grant was made by Fisheries and Oceans Canada to the Pacific Salmon Endowment Fund in 2018-19, as part of plans to create a new British Columbia Salmon Restoration and Innovation Fund (BCSRIF) jointly with the province of British Columbia.
Audit findings by the recipient during the reporting year, and future plan
No audit was conducted in 2019-20. An audit engagement of the Implementation of the Wild Salmon Policy is currently planned for 2021-22.
Evaluation findings by the recipient during the reporting year, and future plan
Not applicable
Summary of results achieved by the recipient
Not applicable as the $30 million was a one-time grant in 2001 and the additional $5 million was granted in 2018-19. The results of the BCSRIF have been reported elsewhere. There are no expected results as no planned funding was provided by the Department for 2019-20.
| 2017-18 Actual spending |
2018-19 Actual spending |
2019-20 Planned spending |
2019-20 Total authorities available for use |
2019-20 Actual spending (authorities used) |
Variance (2019-20 actual minus 2019-20 planned) |
|---|---|---|---|---|---|
| - | $5,000,000 | - | - | - | - |
Explanation of variances
Not applicable
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