Supplementary information tables
Up-front multi-year funding
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- Atlantic Salmon Conservation Foundation
- Pacific Salmon Endowment Fund Society
- Salish Sea Initiative Funding Agreement
Atlantic Salmon Conservation Foundation
Recipient information
The Foundation for Conservation of Atlantic Salmon
Start date
January 2007
End date
In perpetuity
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
The Foundation for Conservation of Atlantic Salmon (News & Reports)
Total funding approved (dollars)
$30 million
Total funding received (dollars)
$30 million
Financial information (dollars)
Planned spending in 2023–24: $0
Total authorities available for use in 2023–24: $0
Actual spending (authorities used) in 2023–24: $0
Variance (2023–24 actual minus 2023–24 planned): $0
Explanation of variance: Not applicable
Pacific Salmon Endowment Fund Society
Recipient information
Start date
February 2001
End date
In perpetuity
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
Total funding approved (dollars)
$35 million
Total funding received (dollars)
$35 million
Financial information (dollars)
Planned spending in 2023–24: $0
Total authorities available for use in 2023–24: $0
Actual spending (authorities used) in 2023–24: $0
Variance (2023–24 actual minus 2023–24 planned): $0
Explanation of variance: Not applicable
Salish Sea Initiative Funding Agreement
Recipient information
Start date
2022-23
End date
2023-24
Link to department’s program inventory
Aboriginal Program and Treaties
Purpose and objectives of transfer payment
The purpose of this transfer payment program is to support capacity building, development and implementation of stewardship and monitoring programs to assess the effects of human impacts on Valued Ecosystem Components within the Salish Sea marine environment. This includes a long-term investment strategy (the Arms-Length Fund) to provide ongoing project delivery.
The overall objectives related to all of DFO’s aquatic ecosystems transfer payment programs are to conserve and protect Canada’s oceans, other aquatic ecosystems, and aquatic species from human impact and invasive species.
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
The Evaluation of the Salish Sea Initiative and the Aquatic Habitat Restoration Fund was completed in March 2024.
Summary of results achieved by the recipient
- continued to support eligible First Nations to build capacity to conduct research, data collection, assessment and/or monitoring of cumulative effects of human activities along the Trans Mountain Expansion marine shipping corridor
- 31/33 (94%) eligible First Nations have an active contribution agreement
- 87% of total Vote 10 funding has been disbursed through multi-year funding agreements (the Salish Sea Initiative anticipates full utilization of the $91 million available through the core program)
Total funding approved (dollars)
$50,000,000
Total funding received (dollars)
$50,000,000
Planned spending in 2023–24: $0
Total authorities available for use in 2023–24: $50,000,000
Actual spending (authorities used) in 2023–24: $50,000,000
Variance (2023–24 actual minus 2023–24 planned): $50,000,000
Explanation of variance: A one-time grant of $50 million was provided to the Indigenous Coastal Waters Stewardship Society under the Salish Sea Initiative Agreement.
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