2019-2020 Details on transfer payment programs of $5 million or more

Through this transfer payment authority, CanNor delivers the Northern Aboriginal Economic Opportunities Program, which supports increased participation by Indigenous communities and businesses in the territories in economic opportunities. The Program comprises two streams:

• Community Readiness and Opportunities Planning stream, which provides project-based support to Indigenous communities and organizations for capacity and readiness activities so that communities are able to plan for, pursue and participate in economic opportunities; and
• Entrepreneurship and Business Development stream, which assists Indigenous entrepreneurs, businesses and organizations in the pursuit of economic opportunities for the benefit of Indigenous peoples. The stream includes project-based support for activities that facilitate the establishment or expansion of Indigenous businesses.

This transfer payment program may be conditionally or unconditionally repayable. Considerations for repayability are outlined in the program's terms and conditions.

The Community Readiness and Opportunities Planning streams aims to:

• enhance the economic development capacity of Indigenous communities; and,
• increase economic development by supporting Indigenous communities in their pursuit of, and participation in, economic opportunities.

The Entrepreneurship and Business Development streams aims to:

• increase the number of viable Indigenous businesses and to provide a supportive business environment;
• cultivate a culture of entrepreneurship in the Indigenous community and improve access to economic opportunities;
• establish, expand and diversify the network of Indigenous financial and business development organizations;
• enhance access to capital for Indigenous businesses;
• improve the capacity of Indigenous financial and business development organization; and,
• increase Indigenous participation in economic benefits from resource development.

Performance Measures and Indicators

• Labour participation rate for women and Indigenous peoples in the Territories.
• Amount leveraged per dollar invested in community projects in the Territories.
• Number of businesses by business locations in the Territories.
• Number of investments in clean tech projects supported by CanNor in the Territories.

CanNor will work with Indigenous communities to increase their capacity to participate in and benefit from economic opportunities. In 2019-20, this is expected to be achieved through approximately $8.5 million in direct contribution agreements, provided to over 30 Indigenous communities across the territories through the Northern Aboriginal Economic Opportunities Program's (NAEOP) Community Readiness and Opportunities Planning (CROP) fund.

Through NAEOP's Entrepreneurship and Business Development (EBD) fund, CanNor plans to provide over $2.3 million in financial support, including through partnered Indigenous service providers, to Indigenous entrepreneurs, businesses and commercial entities to continue to cultivate a culture of entrepreneurship and increase the number of sustainable Indigenous businesses. This funding is expected to provide direct financial support to at least 5 businesses, as well as provide wrap-around business services and support to over 30 others across the territories through partnerships with 3 alternate service delivery providers.

• Strategic Investments in Northern Economic Development Program
• Certification and Market Access Program for Seals
• Roadmap for Canada's Official Languages (Economic Development Initiative [EDI])

Through this transfer payment authority, CanNor delivers a range of northern economic development contribution programs / funding initiatives to promote the economic development of the North, in order to strengthen territorial economies and increase participation by Northerners.

For 2019-20, these programs / funding initiatives include: the Strategic Investments in Northern Economic Development (SINED) program, the Certification and Market Access Program for Seals (CMAPS), and the Roadmap for Canada's Official Languages (Economic Development Initiative [EDI]).

Expected results

Short Term

• Support 10 infrastructure studies
• Increase the proportion of Northerners benefiting from its programs (i.e., direct support to SMEs, including women and youth)
• Increase training and capacity building opportunities
• Track the amount of funding leveraged from other organization or sources targeting a minimum of $1.00 per dollar invested

Medium Term

• Support increased economic development and diversification in the territories by supporting projects that will create, maintain or expand to 100 jobs
• Track infrastructure projects funded to determine the proportion that have progressed toward completion

Long Term

• Contribute to territorial economies, to be measured as labour market participation that is comparable to the national average

Performance Measures and Indicators

Short Term

• Number of infrastructure studies funded across the territories
• Percentage increase in the number of small and medium sized enterprises directly supported through SINED funding
• Percentage of businesses directly supported through SINED funding that are majority-owned by women or youth (<30 years)
• Number of Northerners benefitting from capacity building activities and training developed through SINED funding
• Funding leveraged from other organizations or sources

Medium Term

• Growth in northern GDP
• Number of direct jobs (full-time year of employment) expected to be created, maintained or expanded as a result of SINED funding
• Percentage of SINED investments in economic infrastructure studies that led to infrastructure projects within 5 years

Long Term

• Labour market participation by Northerners

CanNor will support innovation and economic development and growth in the territories through the Strategic Investments in Northern Economic Development (SINED) program. In 2019-20 SINED will continue to support projects that foster the sustainable growth of existing sectors such as resource extraction sectors and their supply chains, as well as the development and growth of new sectors (e.g. tourism, fisheries) in a manner which increases community capacity, maximizes jobs and the retention of wealth within the territories. SINED will also promote infrastructure investments and development through projects that utilize local and regional opportunities and improve small-scale economic infrastructure.