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Regional Economic Development Agencies

How Regional Economic Development Agencies spent its budget in fiscal year 2022-23, shown as net expenditures by standard object from Public Accounts Volume II.

Department Spending

In FY 2022-23,

$2.4B

was spent by Regional Economic Development Agencies

In FY 2022-23,

0.5%

of federal spending was by Regional Economic Development Agencies

On the consolidated accrual basis (Volume I), this portfolio’s expenses were $410M in FY 2022-23 — see the overview and methodology.

How did Regional Economic Development Agencies spend its budget in 2022-23?

Spending by entity, FY 2022-23

Federal Economic Development Agency for Southern Ontario

Economic Development Agency of Canada for the Regions of Quebec

Department of Western Economic Diversification

Atlantic Canada OpportunitiesAgency

Pacific Economic Development Agency of Canada

Canadian Northern Economic Development Agency

$599.2M

$544.1M

$499.4M

$433.1M

$222.1M

$105.1M

Regional Economic Development Agencies’s share of federal spending

Percentage of federal spending, 2014–2025

Line items

Every transfer-payment (grant and contribution) program, in dollars. These are the named programs behind the transfer-payments object in the chart above. Search, sort, and download the full table.

Transfer payments
CategoryDescriptionAmount
ContributionsContributions for Southern Ontario Prosperity Program$300,978,682
ContributionsContributions under the Quebec Economic Development Program$245,597,742
ContributionsContributions under the Regional Economic Growth through Innovation program$240,822,254
ContributionsContributions under the Regional Economic Growth through Innovation program$213,969,375
ContributionsContributions under the Regional Economic Growth through Innovation program$212,916,520
ContributionsContributions under the Regional Economic Growth through Innovation program$212,828,931
ContributionsContributions for the Western Diversification Program$212,750,133
ContributionsContributions for the Western Diversification Program$111,576,829
ContributionsContributions under the Regional Economic Growth through Innovation program$72,533,305
ContributionsContributions for the Innovative Communities Fund$62,014,085
ContributionsContributions under the Business Development Program$51,092,389
ContributionsContributions under the Community Futures Program$33,054,322
ContributionsContributions for the Community Futures Program$17,667,868
ContributionsContributions under the Community Futures program$14,630,531
ContributionsNorthern Indigenous Economic Opportunities Program (formerly Contributions to support Aboriginal participation in the northern economy)$13,199,993
32 line items · all figures in dollars
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Regional Economic Development Agencies figures are net expenditures by standard object from Public Accounts Volume II, and will not match the Volume I consolidated headline totals. See the methodology for details.