Provide business counselling and financial assistance to small and medium enterprises, along with regional community economic development and strategic planning in the rural communities they serve.
Federal spending by Federal Economic Development Agency for Northern Ontario
1,532 records totalling $782,234,581.00 CAD, from official Government of Canada open data.
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Where the money flows
Planned vs. actual spending
What Parliament authorised this organization to spend versus what it actually spent, across all its votes. Source: Public Accounts of Canada (via GC InfoBase). This covers the organization's entire budget, not just the grants and contracts listed below.
| Fiscal year | Authorised | Spent | Used |
|---|---|---|---|
| 2024-2025 | $65,990,572 | $64,063,131 | 97.1% |
| 2023-2024 | $76,642,490 | $71,776,379 | 93.7% |
| 2022-2023 | $135,164,307 | $132,077,866 | 97.7% |
| 2021-2022 | $101,350,214 | $89,220,951 | 88.0% |
Did it deliver? (2024-2025 results report)
Every department sets measurable performance targets and reports against them. Source: Departmental Results Reports via GC InfoBase — the department's own self-reported scorecard.
8
of 15 targets met
6
targets not met
1
not yet measurable or unavailable
See missed targets
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Number of physical community or regional assets developed, modernized or expanded as a direct result of FedNor project activities
Target: — · Actual: 41.0
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Number of value-added products, processes, services or technologies developed as a direct result of FedNor project activities
Target: — · Actual: 101.0
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Number of value-added products, processes, services or technologies commercialized as a direct result of FedNor project activities
Target: — · Actual: 42.0
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Number of assets in support of innovation created, acquired/adopted or enhanced/adapted as a direct result of FedNor project activities
Target: — · Actual: 53.0
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Number of businesses created, maintained, expanded or modernized as a direct result of FedNor project activities
Target: — · Actual: 2035.0
Five year operational funding to support strategic community planning; business counselling and information services; access to capital, and community-based projects and special initiatives.
Creation of an industrial park.
Creation of an industrial park.
Acquisition of new equipment and construction of a new building for expanded aircraft maintenance, repair, and overhaul operations.
Thunder Bay Ventures CFDC Operating Fund Renewal - 2021-10-01 to 2026-09-30.
Community Futures Operational Renewal for Parry Sound CBDC
CF Operating (April 1, 2023 - March 31, 2028)
Request for 5 year operating funding to support Community Futures activities.
CF Operating (January 1, 2024 to December 31, 2028)
Go Deeper: New educational and tourism experiences to engage Northern Ontario in modern mining and minerals
Renewal of the five year operational funding to support strategic community planning; business counselling and information services; access to capital, and community-based projects and initiatives.
Renewal of the five year operational funding to support strategic community planning; business counselling and information services; access to capital, and community-based projects and initiatives.
Community Futures Development Operational renewal
Renewal of the five year operational funding to support strategic community planning; business counselling and information services; access to capital, and community-based projects and initiatives.
Funding to support sustained access to veterinary expertise in Northern Ontario.
Renovation of an aviation hangar to support advanced tactical training for military pilots to create classrooms, offices, and an aircraft simulation centre to support advanced jet trainer operations.
Support towards an Indigenous owned manufacturing company to scale up production and capture new markets.
This project will enable a First Nations-owned organization acquire assets that are critical to ensuring business growth and fostering regional job creation in support of executing current and future...
Capitalization to investment funds to be further distributed as liquidity relief to eligible Small and Medium Enterprises.
Capitalization to investment funds to be further distributed as liquidity relief to eligible Small and Medium Enterprises.
A pilot project in Thunder Bay and surrounding communities to place skilled immigrants with local employers who have been unable to recruit domestic workers.
Facility expansion and the purchase of state-of-the art equipment to support business scale-up and new value-added products. The project is expected to increase sales and create 15 new HQPs.
To provide contributions to businesses for sales and marketing, product development, equipment purchases and business enhancement projects
Expand the manufacturing facility to facilitate the production of a second line of highway tractor trailers