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Disclosure of Grants and Contributions over $25,000

 

On October 21, 2005, the Government of Canada announced its commitment to proactively disclose the awarding of grants and contributions over $25,000 as part of its Management Improvement Agenda.

 

This section provides information on grants and contributions awarded by the Atlantic Canada Opportunities Agency (ACOA).

 

Beginning on May 31, 2006, and every three months thereafter, this website will be updated to include information on grants and contributions awarded in the previous fiscal year quarter.

 

The rules and principles governing government grants and contributions are outlined in the Treasury Board Policy on Transfer Payments. Transfer payments are transfers of money, goods, services or assets made from an appropriation to individuals, organizations or other levels of government, without the federal government directly receiving goods or services in return, but which may require the recipient to provide a report or other information subsequent to receiving payment. These expenditures are reported in the Public Accounts of Canada. The major types of transfer payments are grants, contributions and 'other transfer payments'.

 

Included in this category, but not to be reported under proactive disclosure of awards, are (1) transfers to other levels of government such as Equalization payments as well as Canada Health and Social Transfer payments. (2) Grants and contributions reallocated or otherwise redistributed by the recipient to third parties; and (3) information that would normally be withheld under the Access to Information Act and the Privacy Act.

 


 
 
 
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