Federal Economic Development Agency for Southern Ontario
Results and programs. GC InfoBase reports 19 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
- $259M
- Planned, 2025-26 (latest plan)
- $268M
- 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 | — | $406M |
| 2011-12 | — | $230M |
| 2012-13 | — | $242M |
| 2013-14 | — | $234M |
| 2014-15 | — | $104M |
| 2015-16 | — | $190M |
| 2016-17 | — | $222M |
| 2017-18 | — | $250M |
| 2018-19 | — | $237M |
| 2019-20 | — | $268M |
| 2020-21 | — | $693M |
| 2021-22 | — | $400M |
| 2022-23 | — | $599M |
| 2023-24 | — | $462M |
| 2024-25 | — | $259M |
| 2025-26 | $268M* | — |
| 2026-27 | $390M* | — |
| 2027-28 | $389M* | — |
| 2028-29 | $227M* | — |
Employees (FTEs)
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2011-12 | — | 221 |
| 2012-13 | — | 226 |
| 2013-14 | — | 232 |
| 2014-15 | — | 224 |
| 2015-16 | — | 237 |
| 2016-17 | — | 226 |
| 2017-18 | — | 233 |
| 2018-19 | — | 232 |
| 2019-20 | — | 271 |
| 2020-21 | — | 295 |
| 2021-22 | — | 348 |
| 2022-23 | — | 360 |
| 2023-24 | — | 329 |
| 2024-25 | — | 286 |
| 2025-26 | 259* | — |
| 2026-27 | 248* | — |
| 2027-28 | 246* | — |
| 2028-29 | 232* | — |
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 | 7 | 0 | 1 | 1 | 100% |
| 2019-20 | 9 | 1 | 0 | 3 | 90% |
| 2020-21 | 11 | 1 | 0 | 1 | 92% |
| 2021-22 | 6 | 7 | 0 | 0 | 46% |
| 2022-23 | 8 | 5 | 0 | 0 | 62% |
| 2023-24 | 13 | 0 | 0 | 0 | 100% |
| 2024-25 | 11 | 2 | 0 | 0 | 85% |
Program indicators
| Report year | Met | Not met | No result reported | Not yet due | Share met (of met and not met) |
|---|---|---|---|---|---|
| 2018-19 | 24 | 5 | 1 | 0 | 83% |
| 2023-24 | 7 | 2 | 1 | 0 | 78% |
Results by core responsibility
Economic Development in Southern Ontario (19 indicators)
Historical: targets against results
Revenue growth rate of firms supported by FedDev Ontario programs
2024-25Target: ≥ 3.7% (2025)Result: 11%Met
Value of BERD by firms receiving FedDev Ontario program funding (in dollars)
2024-25Target: ≥ $100M (2025)Result: $134MMet
Value of exports of goods (in dollars) from Southern Ontario
2024-25Target: ≥ $180B (2025)Result: $236BMet
Amount leveraged per dollar invested by FedDev Ontario in community projects
2024-25Target: ≥ $1 (2025)Result: $3Met
Number of high growth firms in Southern Ontario
2024-25Target: ≥ 4,000 (2025)Result: 6,000Met
Percentage of companies engaged in collaborations with higher education institutions in Southern Ontario
2024-25Target: ≥ 14% (2025)Result: 16.9%Met
Percentage of professional, science and technology-related jobs in Southern Ontario’s economy
2024-25Target: ≥ 37% (2025)Result: 37.4%Met
Percentage of SMEs that are majority-owned by Indigenous people in Southern Ontario
2024-25Target: ≥ 0.6% (2025)Result: 1.3%Met
Percentage of SMEs that are majority-owned by persons with disabilities in Southern Ontario
2024-25Target: ≥ 0.3% (2025)Result: 1.9%Met
Percentage of SMEs that are majority-owned by visible minorities in Southern Ontario
2024-25Target: ≥ 13% (2025)Result: 12.1%Not met
Percentage of SMEs that are majority-owned by women in Southern Ontario
2024-25Target: ≥ 18% (2025)Result: 19.8%Met
Percentage of SMEs that are majority-owned by youth in Southern Ontario
2024-25Target: ≥ 14% (2025)Result: 12.9%Not met
Value of exports of clean technologies (in dollars) from Southern Ontario
2024-25Target: ≥ $7B (2025)Result: $9.8BMet
Current: the 2026-27 plan's targets
Number of businesses and organizations supported
2026-27Target: ≥ 2,000 (2027)Result: —Planned
Number of jobs created by business related projects
2026-27Target: ≥ 1,200 (2027)Result: —Planned
Number of jobs created by community projects
2026-27Target: ≥ 100 (2027)Result: —Planned
Number of partnerships and collaborations formed with funded recipients by community projects
2026-27Target: ≥ 30 (2027)Result: —Planned
Number of partnerships and collaborations formed with funded recipients by innovation projects
2026-27Target: ≥ 300 (2027)Result: —Planned
Revenue growth rate of firms supported by FedDev Ontario programs
2026-27Target: ≥ 1.9% (2027)Result: —Planned
Value of BERD by firms receiving FedDev Ontario program funding (in dollars)
2026-27Target: ≥ $100M (2027)Result: —Planned
Value of exports of goods (in dollars) from Southern Ontario
2026-27Target: ≥ $180B (2027)Result: —Planned
Value of investments in clean growth projects
2026-27Target: ≥ $70M (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 Scale Up and Productivity · BNM10 | Economic Development in Southern Ontario | New since an earlier plan | $281M 2026-27 | $114M 2024-25 | 4 |
| Regional Innovation Ecosystem · BNM11 | Economic Development in Southern Ontario | New since an earlier plan | $73.2M 2026-27 | $68.1M 2024-25 | 3 |
| Community Economic Development and Diversification · BNM12 | Economic Development in Southern Ontario | New since an earlier plan | $19.6M 2026-27 | $60.1M 2024-25 | 7 |
| Internal Services · ISS00 | — | New since an earlier plan | $15.5M 2026-27 | $16.7M 2024-25 | 0 |
| Infrastructure · BMG00 | The economy of Southern Ontario is competitive and diversified. | Not in a Departmental Plan | — | $131M 2010-11 | 0 |
| Community Economic Development · BMF00 | A Competitive Southern Ontario Economy. | Not in a Departmental Plan | — | $103M 2017-18 | 0 |
| Technological Innovation · BMR00 | A Competitive Southern Ontario Economy. | Not in a Departmental Plan | — | $70.3M 2017-18 | 0 |
| Business Development · HGL00 | A Competitive Southern Ontario Economy. | Not in a Departmental Plan | — | $60.8M 2017-18 | 0 |
| Business Growth and Productivity · BNM03 | Economic Development in Southern Ontario | Appeared and later dropped | $47.3M 2018-19 | $69M 2018-19 | 5 |
| Advanced Manufacturing · BNM01 | Economic Development in Southern Ontario | Appeared and later dropped | $42.4M 2018-19 | $32.7M 2018-19 | 3 |
| Commercialization Partnerships · BNM02 | Economic Development in Southern Ontario | Appeared and later dropped | $30.1M 2018-19 | $43.5M 2018-19 | 5 |
| Internal Services · ISC00 | Internal Services | Not in a Departmental Plan | — | $16.7M 2017-18 | 0 |
| Community Futures Program · BNM06 | Economic Development in Southern Ontario | Appeared and later dropped | $12.4M 2018-19 | $12.7M 2018-19 | 3 |
| Business Investment · BNM04 | Economic Development in Southern Ontario | Appeared and later dropped | $11.7M 2018-19 | $13.3M 2018-19 | 4 |
| Regional Diversification · BNM09 | Economic Development in Southern Ontario | Appeared and later dropped | $11.7M 2018-19 | $34.1M 2018-19 | 2 |
| Eastern Ontario Development Program · BNM07 | Economic Development in Southern Ontario | Appeared and later dropped | $10.7M 2018-19 | $10.5M 2018-19 | 3 |
| Business Services · BNM05 | Economic Development in Southern Ontario | Appeared and later dropped | $3.1M 2018-19 | $2.7M 2018-19 | 2 |
| Policy, Advocacy and Coordination · LJM00 | — | Not in a Departmental Plan | — | $2.7M 2011-12 | 0 |
| Official Languages Minority Communities · BNM08 | Economic Development in Southern Ontario | Appeared and later dropped | $1.9M 2018-19 | $1.5M 2018-19 | 3 |
