Atlantic Canada Opportunities Agency
What Atlantic Canada Opportunities Agency spent in fiscal year 2024-25: its net expenditure by standard object, from the Public Accounts of Canada, Volume II.
Reports through Innovation, Science and Industry; the overview shows it in that ministry.
Spending, 2024-25
Net spending, 2024-25
$400M
spent by Atlantic Canada Opportunities Agency, less revenues it kept
Share, 2024-25
0.1%
of the net spending of every federal organization
How did Atlantic Canada Opportunities Agency spend its budget in 2024-25?
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, 2024-25
Transfer payments
Personnel
Professional and special services
Rentals
Transportation and communications
Other subsidies and payments
Acquisition of machinery and equipment
Information
Utilities, materials and supplies
Repair and maintenance
$314M
$77.8M
$2.2M
$2M
$1.4M
$1.1M
$779K
$751K
$132K
$77K
Total: $400M.
Spending by program, 2024-25
The same net spending by program, as GC InfoBase reports program actuals: $400M in all. Select a program for its history, plans and results.
Workforce, 2024-25
Full-time equivalents
569
the actual FTEs of its programs, as GC InfoBase reports them
Personnel spending
$77.8M
salaries, wages and benefits (the personnel standard object)
Personnel spending per FTE
$137K
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, 2024-25
The grants, contributions and other transfers Atlantic Canada Opportunities Agency paid, program by program: $314M in all, against $314M for the transfer payments object above (the Public Accounts publish the two tables separately).
| Contributions under the Regional Economic Growth through Innovation programPayments | Contribution | $205,562,159 |
| Contribution for the Innovative Communities FundPayments | Contribution | $57,990,081 |
| Contributions under the Business Development ProgramPayments | Contribution | $35,225,807 |
| Contributions under the Community Futures ProgramPayments | Contribution | $12,756,986 |
| Contributions for the Atlantic Innovation FundPayments | Contribution | $1,560,018 |
| Contributions under the Atlantic Policy Research InitiativesPayments | Contribution | $502,306 |
| Grants to organizations to promote economic cooperation and developmentPayments | Grant | $438,127 |
| Grants under the Regional Economic Growth through Innovation programPayments | Grant | $297,672 |
| 8 programs | $314,333,156 | |
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 year | Goods | Services | Construction | Acquisition cards | Total |
|---|---|---|---|---|---|
| 2025 | $207,278 | $688,450 | $0 | $719,258 | $1,614,986 |
| 2024 | $365,889 | $879,932 | $0 | $801,371 | $2,047,192 |
| 2023 | $324,196 | $1,457,197 | $0 | $745,805 | $2,527,197 |
| 2022 | $327,355 | $1,319,755 | $0 | $189,634 | $1,836,744 |
| 2021 | $343,574 | $973,571 | $12,426 | $662,914 | $1,992,486 |
| 2020 | $259,579 | $626,484 | $0 | $647,472 | $1,533,534 |
| 2019 | $492,081 | $947,844 | $0 | $1,039,989 | $2,479,914 |
| 2018 | $446,093 | $1,198,735 | $0 | $871,957 | $2,516,785 |
| 2017 | $490,992 | $895,213 | $6,625 | $908,849 | $2,301,680 |
Atlantic Canada Opportunities Agency’s share of federal net spending
Other organizations in Innovation, Science and Industry
- Innovation, Science and Economic Development Canada
- Prairies Economic Development Canada
- National Research Council Canada
- Natural Sciences and Engineering Research Council of Canada
- Social Sciences and Humanities Research Council of Canada
- Statistics Canada
- Canadian Space Agency
- Canada Economic Development for Quebec Regions
- Federal Economic Development Agency for Southern Ontario
- Pacific Economic Development Agency of Canada
- Destination Canada
- Canadian Northern Economic Development Agency
- Federal Economic Development Agency for Northern Ontario
- Standards Council of Canada
- Copyright Board Canada
Sources
- Public Accounts of Canada 2025, Volume II: Ministerial expenditures by standard object (Table 3)
- Public Accounts of Canada, Volume II: Transfer payments (multi-year open data)
- GC InfoBase – Federal Programs – Actual and Planned Spending (programs_spending.csv)
- GC InfoBase – Federal Programs – Actual and Planned Employees (programs_ftes.csv)
- Proactive Publication - Contracts: Aggregated Total - Contracts $10K and under
Department figures are net expenditure (Public Accounts, Volume II), which doesn’t add up to the accrual expenses of the overview’s headline. See the methodology.
