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Canada Economic Development for Quebec Regions

What Canada Economic Development for Quebec Regions spent in fiscal year 2023-24: its net expenditure by standard object, from the Public Accounts of Canada, Volume II.

Spending, 2023-24

Net spending, 2023-24

$563M

spent by Canada Economic Development for Quebec Regions, less revenues it kept

Share, 2023-24

0.1%

of the net spending of every federal organization

How did Canada Economic Development for Quebec Regions spend its budget in 2023-24?

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, 2023-24

Transfer payments

Personnel

Professional and special services

Rentals

Transportation and communications

Acquisition of machinery and equipment

Information

Repair and maintenance

Utilities, materials and supplies

Other subsidies and payments

$507M

$47.9M

$4.8M

$1.6M

$873K

$809K

$398K

$217K

$95K

-$718K

Total: $563M.

Spending by program, 2023-24

The same net spending by program, as GC InfoBase reports program actuals: $563M in all. Select a program for its history, plans and results.

Workforce, 2023-24

Full-time equivalents

379

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

Personnel spending

$47.9M

salaries, wages and benefits (the personnel standard object)

Personnel spending per FTE

$126K

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, 2023-24

The grants, contributions and other transfers Canada Economic Development for Quebec Regions paid, program by program: $507M in all, against $507M for the transfer payments object above (the Public Accounts publish the two tables separately).

Contributions under the Regional Economic Growth through Innovation programPaymentsContribution$289,072,346
Contributions under the Quebec Economic Development ProgramPaymentsContribution$183,727,582
Contributions under the Community Futures ProgramPaymentsContribution$34,263,288
Grants under the Quebec Economic Development ProgramPaymentsGrant$112,885
4 programs$507,176,101

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
2025$77,162$87,042$0$202,998$367,202
2024$93,762$184,244$0$382,524$660,529
2023$108,979$130,918$0$358,242$598,138
2022$102,752$349,424$0$270,982$723,157
2021$104,896$111,652$0$277,904$494,452
2020$148,955$86,877$0$278,818$514,650
2019$12,687,097$24,965,188$0$22,344,267$59,996,552
2017$198,879$299,638$0$194,881$693,398

Canada Economic Development for Quebec Regions’s share of federal net spending

Each year is the organization that existed that year:

  • Canada Economic Development for Quebec Regions, 2006-07 to 2025-26
  • Economic Development Agency of Canada for the Regions of Quebec, 2002-03 to 2005-06