Program directory · Canada Economic Development for Quebec Regions
Regional Innovation
- Program code
- BLL04 (FORDQ)
- Core responsibility
- Economic Development in Quebec
- In Departmental Plans
- 2019-20 – 2026-27 · New since an earlier plan
What it does
CED supports innovation and the growth of businesses and regions in order to support the prosperity of Quebec's economy and to create quality jobs. Its intervention is mainly with businesses and through non-profit organizations that support them. CED is able to stimulate innovation and growth in businesses, particularly SMEs, by supporting their efforts to strengthen their capacity to develop or adopt new products, processes and services, and to commercialize them, enhance exports, increase productivity, expand and participate in the digital transition and clean growth. At the same time, CED aims to create, grow and nurture inclusive regional innovation ecosystems that meet the needs of businesses at all stages of their development and foster an entrepreneurial environment conducive to innovation, growth and competition. It also supports the attraction of foreign direct investment that increases the number of international businesses in the regional innovation ecosystem.
Source: the department's Program Inventory, via GC InfoBase.
History and lineage
First appears in GC InfoBase's actual spending by program in 2019-20. The data does not record when a program was created; it may be older than its first appearance here, which is limited by the sources (program spending starts in 2010-11, Departmental Plans in 2018-19).
| Program | Relation | Years with data | Actual spending over those years |
|---|---|---|---|
| Regional Innovation | This program | 2019-20 – 2028-29 | $1.03B |
No earlier or later program in the same department has a similar name.
Significant changes in scope and budget
Detected from the data: renames between plans, programs it appears to replace, merge with or split into (matched by name), year-over-year changes in spending of at least 25% and $5M, or in employees of at least 20% and 25 FTEs, linked budget measures, and results indicators added or dropped.
| Year | What changed | Source |
|---|---|---|
| 2023-24 | Employees (FTEs) 133, against 104 in 2022-23 (+28%). | FTEs (GC InfoBase) |
| 2026-27 | Indicators added: Number of clients served by organizations receiving funding from CED for projects supporting business innovation and growth; Total cost of projects supporting business innovation and growth (in dollars); Value of CED investments in projects supporting business innovation and growth (in dollars) | Departmental Results Framework (GC InfoBase) |
| 2026-27 | Indicators dropped: Number of clients served by funded organizations supported by CED; Number of high-growth companies in Quebec | Departmental Results Framework (GC InfoBase) |
Success criteria
The program's indicators from its department's Departmental Results Framework: the target set in each year's plan, and the result reported the following year. Source: GC InfoBase.
Historical: targets against results
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2019-20 | ≥ 11,000 | 2020 | 3,766 Bien que le résultat présenté soit inférieur à la cible, nous croyons que le résultat réel est supérieur à 3 766 clients servis par les organismes financés par DEC. La pandémie de la COVID-19 a en effet pu avoir un impact sur la capacité des organismes à recueillir et transmettre l’information sur la clientèle desservie dans les délais impartis pour la production du présent rapport. La pandémie n… | Not met |
| 2020-21 | ≥ 12,000 | 2021 | 5,675 The presented result is below the target - established in 2019, thus prior to the COVID-19 pandemic. The pandemic had an impact on the organisations' capacity to offer its services. CED supported such organizations so that they remain operational and so that they adapt to new emerging needs. Also, the COVID-19 pandemic impacted their capacity to collect and transmit its' clientele information wit… | Not met |
| 2021-22 | ≥ 12,000 | 2022 | 5,622 The presented result is inferior to the target. The pandemic put an important pressure on the ressources of financed organizations by CED (increased demands, less revenues), which had an impact their capacity of accountability. Therefore, the information on the served clientele was only submitted by half of the financed oragnizations by CED, within the prescribed delays. By extension, the real nu… | Not met |
| 2022-23 | ≥ 12,000 | 2023 | 7,493 The presented result is below target. The actual economic context, characterized by inflationist pressures combined with and monetary restraint as its response, may have had an effect on the businesses and their capacity and interest to participate to the activities offered by the intermediairy groups. Nonetheless, CED estimates that the real number of served clients is probably superior to the p… | Not met |
| 2023-24 | ≥ 12,000 | 2024 | 12,057 The result is in line with forecasts. | Met |
| 2024-25 | ≥ 9,000 | 2025 | 9,953 The result exceeds expectations. | Met |
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2019-20 | ≥ 3,400 | 2020 | — No new data available for 2019-2020. | No result reported |
| 2020-21 | ≥ 2,620 | 2021 | 3,030 The result is in line with forecasts. It must be noted that changes were brought to the methodology used by Statistics Canada in the measuring of the number of high-growth firms. The actual target was determined on the basis of this new methodology and cannot be compared with the targets set in the 2019-2020 Departmental Plan. | Met |
| 2021-22 | ≥ 0 | 2022 | 3,400 At the moment when CED established this target, Quebec was experiencing the backlash of the world economic crisis caused by the COVID-19 pandemic, as a result, CED could establish a target for the indicator in a rigorous manner. The observed result is greater as opposed to the previous years and may be linked to the strong rebound Quebec's economy, following the post-COVID economic recovery. | Met |
| 2022-23 | ≥ 2,800 | 2023 | 2,840 | Met |
| 2023-24 | ≥ 2,900 | 2024 | — No new data available from Statistics Canada for 2023-2024. The most recent data is 4,020 for 2021. | No result reported |
| 2024-25 | ≥ 3,420 | 2025 | — No new data available from Statistics Canada for 2024–2025. The most recent data is set at 4,700 for the year 2022. | No result reported |
Current: the 2026-27 plan's targets
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2026-27 | ≥ 5,900 | 2027 | — | Planned |
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2026-27 | ≥ $450M | 2027 | — | Planned |
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2026-27 | ≥ $90M | 2027 | — | Planned |
Future goals: targets due after 2026-27
No targets with a later due date.
Spending and employees: planned against actual
Spending
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2019-20 | $178M | $169M |
| 2020-21 | $172M | $181M |
| 2021-22 | $179M | $178M |
| 2022-23 | $147M | $145M |
| 2023-24 | $169M | $173M |
| 2024-25 | $174M | $184M |
| 2025-26 | $178M | — |
| 2026-27 | $173M | — |
| 2027-28 | $169M* | — |
| 2028-29 | $163M* | — |
Employees (FTEs)
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2019-20 | 123 | 116 |
| 2020-21 | 124 | 116 |
| 2021-22 | 118 | 129 |
| 2022-23 | 102 | 104 |
| 2023-24 | 127 | 133 |
| 2024-25 | 150 | 147 |
| 2025-26 | 143 | — |
| 2026-27 | 126 | — |
| 2027-28 | 122* | — |
| 2028-29 | 121* | — |
Planned spending, plan by plan
Each row is one year's Departmental Plan and its forecast for the next three fiscal years; read a column down to see how the forecast for one year changed. The last row is what was actually spent. Click an amount for its source. Biggest changes in federal spending plans
| Plan | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2019-20 plan | $178,237,846 | $141,888,196 | $141,304,635 | |||||||
| 2020-21 plan | $171,629,028 | $132,473,199 | $133,243,440 | |||||||
| 2021-22 plan | $178,960,870 | $134,858,694 | $119,413,674 | |||||||
| 2022-23 plan | $147,359,132 | $122,769,954 | $126,037,217 | |||||||
| 2023-24 plan | $168,577,078 | $126,036,236 | $126,166,054 | |||||||
| 2024-25 plan | $174,368,160 | $174,849,792 | $112,120,337 | |||||||
| 2025-26 plan | $178,430,633 | $104,459,051 | $104,766,752 | |||||||
| 2026-27 plan | $173,073,566 | $169,349,673 | $162,509,801 | |||||||
| Actual | $168,570,561 | $180,690,392 | $178,095,418 | $144,703,079 | $173,017,103 | $183,925,771 |
Actual spending is from Departmental Results Reports and the Public Accounts, as published in GC InfoBase. FTEs are full-time equivalents.
