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Innovation, Science and Economic Development Canada

What Innovation, Science and Economic Development Canada spent in fiscal year 2020-21: its net expenditure by standard object, from the Public Accounts of Canada, Volume II.

What Innovation, Science and Economic Development Canada does

The Department of Innovation, Science and Industry (ISED) is the federal department responsible for fostering economic growth, technological advancement, and scientific research in Canada. It plays a key role in supporting businesses, funding research and development, and shaping policies that aim to enhance innovation, industrial competitiveness, and the prosperity of the Canadian economy.

Spending, 2020-21

Net spending, 2020-21

$2.85B

spent by Innovation, Science and Economic Development Canada, less revenues it kept

Share, 2020-21

0.6%

of the net spending of every federal organization

How did Innovation, Science and Economic Development Canada spend its budget in 2020-21?

By standard object. Revenues it kept are negative and netted against its spending. Transfer payments are broken into their largest named programs.

Spending by standard object, 2020-21

Transfer payments

Personnel

Professional and special services

Rentals

Acquisition of machinery and equipment

Information

Repair and maintenance

Transportation and communications

Utilities, materials and supplies

Other subsidies and payments

Internal revenues

External revenues

$2.26B

$615M

$174M

$28.8M

$16M

$11.3M

$5.4M

$4.3M

$4.1M

$3.9M

-$33.8M

-$240M

Total: $2.85B.

Workforce, 2020-21

Full-time equivalents

5,410

the actual FTEs of its programs, as GC InfoBase reports them

Personnel spending

$615M

salaries, wages and benefits (the personnel standard object)

Personnel spending per FTE

$114K

personnel spending divided by full-time equivalents

A full-time equivalent is a measure of employment, not a headcount: two half-time employees are one FTE. Personnel spending includes benefits and pension contributions, so per FTE it is not an average salary.

Transfer payment programs, 2020-21

The grants, contributions and other transfers Innovation, Science and Economic Development Canada paid, program by program: $2.26B in all, against $2.26B for the transfer payments object above (the Public Accounts publish the two tables separately).

Contributions under the Strategic Innovation FundPaymentsContribution$581,443,572
Contributions under the Canada Foundation for InnovationPaymentsContribution$324,000,000
Contributions under the Innovation Superclusters InitiativePaymentsContribution$232,749,527
Contributions to the Canada Foundation for Sustainable Development TechnologyPaymentsContribution$174,193,201
Contributions to Mitacs IncPaymentsContribution$119,000,000
Contributions under the Connect to Innovate ProgramPaymentsContribution$106,700,962
Contributions to Genome CanadaPaymentsContribution$95,440,000
Liabilities under the Canada Small Business Financing Act (S.C., 1998, c. 36)PaymentsContribution$86,108,346
Contributions under the Regional Economic Growth through Innovation programPaymentsContribution$58,476,769
Contributions under the Community Futures ProgramPaymentsContribution$39,860,008
Contributions under the Youth Employment Strategy-Digital Skills for Youth programPaymentsContribution$36,086,415
Contributions to CANARIE IncPaymentsContribution$30,200,000
Contributions under the Northern Ontario Development ProgramPaymentsContribution$29,171,701
Contributions under the Post-Secondary Institutions Strategic Investment FundPaymentsContribution$28,094,002
Contributions under the Strategic Aerospace and Defence InitiativePaymentsContribution$28,029,428
52 programs$2,264,206,860
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Contracts of $10,000 and under

Contracts this small are not published one by one: Treasury Board publishes each organization's totals, by calendar year, for contracts of $10,000 and under (their original value and their amendments) and for acquisition card purchases. They are the value of contracts entered into, not what was paid in a fiscal year, so they are not part of the net expenditure above, and the years are calendar years.

Calendar yearGoodsServicesConstructionAcquisition cardsTotal
2019$1,762,857$4,178,923$19,666$8,504,192$14,465,639
2018$2,150,142$4,676,843$21,736$10,612,889$17,461,609
2017$1,891,463$4,116,989$74,336$9,521,745$15,604,533

Innovation, Science and Economic Development Canada’s share of federal net spending