Supplementary information tables

Up-front multi-year funding

Atlantic Salmon Conservation Foundation

Recipient information

https://www.salmonconservation.ca/

Start date

January 2007

End date

Not applicable

Core responsibility

Fisheries

Link to Department’s Program inventory

Fisheries management

Purpose and objectives of transfer payment

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

Not applicable

Evaluation findings by the recipient during the reporting year, and future plan

Not applicable

Summary of results achieved by the recipient

https://www.salmonconservation.ca/

Total funding approved (dollars)

$30 million

Total funding received (dollars)

$30 million

Pacific Salmon Endowment Fund Society

Recipient information

https://www.psf.ca/contributor/pacific-salmon-endowment-fund-society

Start date

February 2001

End date

Not applicable

Core responsibility

Fisheries

Link to Department’s Program inventory

Fisheries management

Purpose and objectives of transfer payment

The Pacific Salmon Endowment Fund Society 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. This was announced in conjunction with the plan to create the British Columbia Salmon Restoration and Innovation Fund jointly with the province of British Columbia.

Audit findings by the recipient during the reporting year, and future plan

Not applicable

Evaluation findings by the recipient during the reporting year, and future plan

Not applicable

Summary of results achieved by the recipient

https://www.psf.ca/contributor/pacific-salmon-endowment-fund-society

Total funding approved (dollars)

$35 million

Total funding received (dollars)

$35 million