Supplementary information tables
Up-Front Multi-Year Funding
Atlantic Salmon Conservation Foundation
Start Date: January 2007
End Date: Not applicable
Link to the Department's Program Inventory: Fisheries Management
Description: The Atlantic Salmon Endowment Fund is a one-time conditional 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.
Total Funding Approved: $30 million
Total Funding Received: $30 million
Planned Funding in 2018-19: Not applicable
Planned Funding in 2019-20: Not applicable
Planned Funding in 2020-21: Not applicable
Summary of Annual Plans of Recipient: https://www.salmonconservation.ca/
Pacific Salmon Endowment Fund Society
Start Date: February 2001
End Date: Not applicable
Link to the Department's Program Inventory: Fisheries Management
Description: The Pacific Salmon Endowment Fund was established by a one-time $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.
Total Funding Approved: $30 million
Total Funding Received: $30 million
Planned Funding in 2018-19: Not applicable
Planned Funding in 2019-20: Not applicable
Planned Funding in 2020-21: Not applicable
Summary of Annual Plans of Recipient:
- manage Pacific Salmon Endowment Fund assets observing a prudent investment and financial strategy;
- maintain and build over time the value of assets held in the Pacific Salmon Endowment Fund; and
- ensure that funds are available on an ongoing annual basis to support the work of the Pacific Salmon Foundation.
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