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: Integrated 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 2019-20: Not applicable

Planned Funding in 2020-21: Not applicable

Planned Funding in 2021-22: 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: Integrated 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 jointly with the province of British Columbia.

Total Funding Approved: $35 million

Total Funding Received: $30 million

Planned Funding in 2019-20: Not applicable

Planned Funding in 2020-21: Not applicable

Planned Funding in 2021-22: 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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