Atlantic Canada Opportunities Agency
Results and programs. GC InfoBase reports 12 programs of this department, in its Departmental Plans or its actual spending; 8 are current (in the latest plan or, for a program in no plan, with actual spending in the latest year).
- Actual spending, 2024-25
- $400M
- Planned, 2025-26 (latest plan)
- $362M
- Core responsibilities with indicators
- 1
Spending and employees
Totals of the department's programs: actual spending where reported, then the latest plan.
Spending
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2010-11 | — | $408M |
| 2011-12 | — | $330M |
| 2012-13 | — | $316M |
| 2013-14 | — | $314M |
| 2014-15 | — | $305M |
| 2015-16 | — | $302M |
| 2016-17 | — | $332M |
| 2017-18 | — | $359M |
| 2018-19 | — | $350M |
| 2019-20 | — | $352M |
| 2020-21 | — | $575M |
| 2021-22 | — | $443M |
| 2022-23 | — | $433M |
| 2023-24 | — | $478M |
| 2024-25 | — | $400M |
| 2025-26 | $362M* | — |
| 2026-27 | $389M* | — |
| 2027-28 | $366M* | — |
| 2028-29 | $309M* | — |
Employees (FTEs)
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2011-12 | — | 683 |
| 2012-13 | — | 588 |
| 2013-14 | — | 555 |
| 2014-15 | — | 570 |
| 2015-16 | — | 573 |
| 2016-17 | — | 582 |
| 2017-18 | — | 571 |
| 2018-19 | — | 572 |
| 2019-20 | — | 575 |
| 2020-21 | — | 584 |
| 2021-22 | — | 595 |
| 2022-23 | — | 596 |
| 2023-24 | — | 570 |
| 2024-25 | — | 569 |
| 2025-26 | 572* | — |
| 2026-27 | 534* | — |
| 2027-28 | 523* | — |
| 2028-29 | 497* | — |
Results at a glance
How many indicators met their target each year, as reported in the Departmental Results Reports. Source: GC InfoBase.
Core responsibility indicators
| Report year | Met | Not met | No result reported | Not yet due | Share met (of met and not met) |
|---|---|---|---|---|---|
| 2018-19 | 8 | 1 | 1 | 3 | 89% |
| 2019-20 | 9 | 3 | 0 | 1 | 75% |
| 2020-21 | 8 | 4 | 1 | 0 | 67% |
| 2021-22 | 8 | 4 | 1 | 0 | 67% |
| 2022-23 | 6 | 1 | 6 | 0 | 86% |
| 2023-24 | 5 | 3 | 5 | 0 | 63% |
| 2024-25 | 10 | 2 | 1 | 0 | 83% |
Program indicators
| Report year | Met | Not met | No result reported | Not yet due | Share met (of met and not met) |
|---|---|---|---|---|---|
| 2018-19 | 3 | 4 | 1 | 1 | 43% |
| 2019-20 | 6 | 3 | 0 | 0 | 67% |
| 2020-21 | 4 | 5 | 0 | 0 | 44% |
| 2021-22 | 6 | 3 | 0 | 0 | 67% |
| 2022-23 | 6 | 2 | 1 | 0 | 75% |
| 2023-24 | 5 | 3 | 1 | 0 | 63% |
| 2024-25 | 6 | 3 | 0 | 0 | 67% |
Results by core responsibility
Economic Development in Atlantic Canada (13 indicators)
Historical: targets against results
Amount leveraged per dollar invested by ACOA in community projects
2024-25Target: ≥ $1 (2025)Result: $2Met
Number of high-growth firms in Atlantic Canada
2024-25Target: ≥ 650 (2025)Result: 1,000Met
Percentage of businesses engaged in collaborations with higher education institutions in Atlantic Canada
2024-25Target: ≥ 16% (2025)Result: —No result reported
Percentage of professional, science and technology-related jobs in Atlantic Canada’s economy
2024-25Target: ≥ 33% (2025)Result: 33.3%Met
Percentage of SMEs that are majority-owned by Indigenous people in Atlantic Canada
2024-25Target: ≥ 1% (2025)Result: 2.5%Met
Percentage of SMEs that are majority-owned by persons with disabilities in Atlantic Canada
2024-25Target: ≥ 1% (2025)Result: 0.9%Not met
Percentage of SMEs that are majority-owned by visible minorities in Atlantic Canada
2024-25Target: ≥ 4% (2025)Result: 5.1%Met
Percentage of SMEs that are majority-owned by women in Atlantic Canada
2024-25Target: ≥ 17% (2025)Result: 18%Met
Percentage of SMEs that are majority-owned by youth in Atlantic Canada
2024-25Target: ≥ 10% (2025)Result: 10.8%Met
Revenue growth rate of firms supported by ACOA programs
2024-25Target: ≥ 8% (2025)Result: 5.9%Not met
Value of business expenditures in research and development (BERD) by firms receiving ACOA program funding in dollars
2024-25Target: ≥ $110M (2025)Result: $125MMet
Value of exports of clean technologies (in dollars) from Atlantic Canada
2024-25Target: ≥ $560M (2024)Result: $861MMet
Value of exports of goods (in dollars) from Atlantic Canada
2024-25Target: ≥ $33B (2025)Result: $38.4BMet
Current: the 2026-27 plan's targets
Amount leveraged per dollar invested by ACOA in community projects
2026-27Target: ≥ $2 (2027)Result: —Planned
Number of high-growth firms in Atlantic Canada
2026-27Target: ≥ 880 (2027)Result: —Planned
Percentage of businesses engaged in collaborations with higher education institutions in Atlantic Canada
2026-27Target: ≥ 15% (2027)Result: —Planned
Percentage of professional, science and technology-related jobs in Atlantic Canada’s economy
2026-27Target: ≥ 33% (2027)Result: —Planned
Percentage of SMEs that are majority-owned by Indigenous people in Atlantic Canada
2026-27Target: ≥ 2% (2027)Result: —Planned
Percentage of SMEs that are majority-owned by persons with disabilities in Atlantic Canada
2026-27Target: ≥ 1% (2027)Result: —Planned
Percentage of SMEs that are majority-owned by visible minorities in Atlantic Canada
2026-27Target: ≥ 4% (2027)Result: —Planned
Percentage of SMEs that are majority-owned by women in Atlantic Canada
2026-27Target: ≥ 18% (2027)Result: —Planned
Percentage of SMEs that are majority-owned by youth in Atlantic Canada
2026-27Target: ≥ 10% (2027)Result: —Planned
Revenue growth rate of firms supported by ACOA programs
2026-27Target: ≥ 7% (2027)Result: —Planned
Value of business expenditures in research and development (BERD) by firms receiving ACOA program funding in dollars
2026-27Target: ≥ $125M (2027)Result: —Planned
Value of exports of clean technologies (in dollars) from Atlantic Canada
2026-27Target: ≥ $800M (2027)Result: —Planned
Value of exports of goods (in dollars) from Atlantic Canada
2026-27Target: ≥ $38B (2027)Result: —Planned
Future goals: targets due after 2026-27
No targets with a later due date.
Programs
| Program | Core responsibility | Status | Latest plan, first year | Last actual | Indicators |
|---|---|---|---|---|---|
| Business Growth · BED05 | Economic Development in Atlantic Canada | New since an earlier plan | $126M 2026-27 | $150M 2024-25 | 1 |
| Diversified Communities · BED02 | Economic Development in Atlantic Canada | New since an earlier plan | $76.3M 2026-27 | $102M 2024-25 | 1 |
| Innovation Ecosystem · BED04 | Economic Development in Atlantic Canada | New since an earlier plan | $49.9M 2026-27 | $45.2M 2024-25 | 2 |
| Research and Development and Commercialization · BED03 | Economic Development in Atlantic Canada | New since an earlier plan | $38.9M 2026-27 | $9.9M 2024-25 | 1 |
| Inclusive Communities · BED01 | Economic Development in Atlantic Canada | New since an earlier plan | $29.1M 2026-27 | $31.4M 2024-25 | 2 |
| Internal Services · ISS00 | — | New since an earlier plan | $27.6M 2026-27 | $31.6M 2024-25 | 0 |
| Trade and Investment · BED06 | Economic Development in Atlantic Canada | New since an earlier plan | $23.6M 2026-27 | $13.5M 2024-25 | 5 |
| Policy Research and Engagement · BED07 | Economic Development in Atlantic Canada | New since an earlier plan | $18.3M 2026-27 | $17.1M 2024-25 | 2 |
| Enterprise Development · ABH00 | A competitive Atlantic Canadian economy. | Not in a Departmental Plan | — | $201M 2017-18 | 0 |
| Community Development · ABK00 | A competitive Atlantic Canadian economy. | Not in a Departmental Plan | — | $117M 2017-18 | 0 |
| Internal Services · ISC00 | Internal Services | Not in a Departmental Plan | — | $26.2M 2017-18 | 0 |
| Policy, Advocacy and Coordination · ABR00 | A competitive Atlantic Canadian economy. | Not in a Departmental Plan | — | $14.3M 2017-18 | 0 |
