Federal Economic Development Agency for Northern Ontario
Results and programs. GC InfoBase reports 4 programs of this department, in its Departmental Plans or its actual spending; 4 are current (in the latest plan or, for a program in no plan, with actual spending in the latest year).
- Actual spending, 2024-25
- $64.1M
- Planned, 2025-26 (latest plan)
- $71.8M
- 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 |
|---|---|---|
| 2021-22 | — | $89.2M |
| 2022-23 | — | $132M |
| 2023-24 | — | $71.8M |
| 2024-25 | — | $64.1M |
| 2025-26 | $71.8M* | — |
| 2026-27 | $83.7M* | — |
| 2027-28 | $83.2M* | — |
| 2028-29 | $58.7M* | — |
Employees (FTEs)
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2022-23 | — | 89 |
| 2023-24 | — | 90 |
| 2024-25 | — | 100 |
| 2025-26 | 122* | — |
| 2026-27 | 116* | — |
| 2027-28 | 115* | — |
| 2028-29 | 115* | — |
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) |
|---|---|---|---|---|---|
| 2022-23 | 6 | 3 | 4 | 0 | 67% |
| 2023-24 | 7 | 3 | 3 | 0 | 70% |
| 2024-25 | 6 | 5 | 1 | 0 | 55% |
Program indicators
| Report year | Met | Not met | No result reported | Not yet due | Share met (of met and not met) |
|---|---|---|---|---|---|
| 2022-23 | 3 | 0 | 0 | 0 | 100% |
| 2023-24 | 2 | 1 | 0 | 0 | 67% |
| 2024-25 | 2 | 1 | 0 | 0 | 67% |
Results by core responsibility
Economic Development in Northern Ontario (23 indicators)
Historical: targets against results
Amount leveraged per dollar invested by FedNor in community projects
2024-25Target: ≥ $2 (2025)Result: $2Met
Number of assets in support of innovation created, acquired/adopted or enhanced/adapted as a direct result of FedNor project activities
2024-25Target: ≥ 170 (2025)Result: 53Not met
Number of businesses created, maintained, expanded or modernized as a direct result of FedNor project activities
2024-25Target: ≥ 2,260 (2025)Result: 2,035Not met
Number of jobs created or maintained as a direct result of FedNor project activities
2024-25Target: ≥ 4,600 (2025)Result: 7,153Met
Number of patents, licenses or copyrights filled as a direct result of FedNor project activities
2024-25Target: ≥ 15 (2025)Result: 28Met
Number of physical community or regional assets developed, modernized or expanded as a direct result of FedNor project activities
2024-25Target: ≥ 60 (2025)Result: 41Not met
Number of value-added products, processes, services or technologies commercialized as a direct result of FedNor project activities
2024-25Target: ≥ 65 (2025)Result: 42Not met
Number of value-added products, processes, services or technologies developed as a direct result of FedNor project activities
2024-25Target: ≥ 230 (2025)Result: 101Not met
Percentage of FedNor recipients reporting improved capacity to address economic and business development needs and opportunities two years after the project ended
2024-25Target: ≥ 90% (2025)Result: 92.2%Met
Percentage of FedNor-assisted entities that are majority owned or majority-led by underrepresented groups
2024-25Target: Not available (2025)Result: 43.1%No result reported
Percentage of funding recipients reporting their projects led to improvements in exports, market share, profits, sales growth, employment growth or tourism receipts two years after the project ended
2024-25Target: ≥ 30% (2025)Result: 52.4%Met
Value of exports of goods (in dollars) from Northern Ontario
2024-25Target: ≥ $8M (2025)Result: $10MMet
Number of high growth firms in Northern Ontario
2023-24Target: ≥ 200 (2024)Result: 460Met
Percentage of companies engaged in collaborations with higher education institutions in Northern Ontario
2023-24Target: ≥ 0% (2024)Result: —No result reported
Percentage of professional, science and technology-related jobs in Northern Ontario
2023-24Target: ≥ 29.5% (2024)Result: 30.7%Met
Percentage of SMEs that are majority-owned by Indigenous people in Northern Ontario
2023-24Target: ≥ 3.8% (2024)Result: 1.5%Not met
Percentage of SMEs that are majority-owned by persons with disabilities in Northern Ontario
2023-24Target: ≥ 0.8% (2024)Result: 2.7%Met
Percentage of SMEs that are majority-owned by visible minorities in Northern Ontario
2023-24Target: ≥ 2.8% (2024)Result: 5.7%Met
Percentage of SMEs that are majority-owned by women in Northern Ontario
2023-24Target: ≥ 17.2% (2024)Result: 15.3%Not met
Percentage of SMEs that are majority-owned by youth in Northern Ontario
2023-24Target: ≥ 13% (2024)Result: 18.2%Met
Revenue growth rate of firms supported by FedNor programs
2023-24Target: ≥ 4% (2024)Result: 9.4%Met
Value of BERD by firms receiving FedNor program funding (in dollars)
2023-24Target: ≥ $8M (2024)Result: —No result reported
Value of exports of clean technologies (in dollars) from Northern Ontario
2023-24Target: ≥ $0 (2024)Result: —No result reported
Current: the 2026-27 plan's targets
Amount leveraged per dollar invested by FedNor in community projects
2026-27Target: ≥ $2 (2027)Result: —Planned
Number of assets in support of innovation created, acquired/adopted or enhanced/adapted as a direct result of FedNor project activities
2026-27Target: ≥ 46 (2027)Result: —Planned
Number of businesses created, maintained, expanded or modernized as a direct result of FedNor project activities
2026-27Target: ≥ 2,260 (2027)Result: —Planned
Number of jobs created or maintained as a direct result of FedNor project activities
2026-27Target: ≥ 4,600 (2027)Result: —Planned
Number of patents, licenses or copyrights filled as a direct result of FedNor project activities
2026-27Target: ≥ 15 (2027)Result: —Planned
Number of physical community or regional assets developed, modernized or expanded as a direct result of FedNor project activities
2026-27Target: ≥ 24 (2027)Result: —Planned
Number of value-added products, processes, services or technologies commercialized as a direct result of FedNor project activities
2026-27Target: ≥ 21 (2027)Result: —Planned
Number of value-added products, processes, services or technologies developed as a direct result of FedNor project activities
2026-27Target: ≥ 230 (2027)Result: —Planned
Percentage of FedNor recipients reporting improved capacity to address economic and business development needs and opportunities two years after the project ended
2026-27Target: ≥ 90% (2027)Result: —Planned
Percentage of FedNor-assisted entities that are majority owned or majority-led by underrepresented groups
2026-27Target: ≥ 37% (2027)Result: —Planned
Percentage of funding recipients reporting their projects led to improvements in exports, market share, profits, sales growth, employment growth or tourism receipts two years after the project ended
2026-27Target: ≥ 30% (2027)Result: —Planned
Value of exports of goods (in dollars) from Northern Ontario
2026-27Target: ≥ $8M (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 |
|---|---|---|---|---|---|
| Regional Innovation Ecosystem · BYL02 | Economic Development in Northern Ontario | New since an earlier plan | $38.4M 2026-27 | $5.9M 2024-25 | 2 |
| Community Economic Development and Diversification · BYL03 | Economic Development in Northern Ontario | New since an earlier plan | $27.1M 2026-27 | $23.2M 2024-25 | 2 |
| Business Development · BYL01 | Economic Development in Northern Ontario | New since an earlier plan | $10.6M 2026-27 | $27.7M 2024-25 | 2 |
| Internal Services · ISS00 | — | New since an earlier plan | $7.5M 2026-27 | $7.2M 2024-25 | 0 |
