Grants and Contributions
About this information
In June 2016, as part of the Open Government Action Plan, the Treasury Board of Canada Secretariat (TBS) committed to increasing the transparency and usefulness of grants and contribution data and subsequently launched the Guidelines on the Reporting of Grants and Contributions Awards, effective April 1, 2018.
The rules and principles governing government grants and contributions are outlined in the Treasury Board Policy on Transfer Payments. Transfer payments are transfers of money, goods, services or assets made from an appropriation to individuals, organizations or other levels of government, without the federal government directly receiving goods or services in return, but which may require the recipient to provide a report or other information subsequent to receiving payment. These expenditures are reported in the Public Accounts of Canada. The major types of transfer payments are grants, contributions and \'other transfer payments\'.
Included in this category, but not to be reported under proactive disclosure of awards, are (1) transfers to other levels of government such as Equalization payments as well as Canada Health and Social Transfer payments. (2) Grants and contributions reallocated or otherwise redistributed by the recipient to third parties; and (3) information that would normally be withheld under the Access to Information Act and the Privacy Act.
$1,200,000.00
Jun 21, 2013
$19,749,945.00
Jun 20, 2013
Not-for-profit organization or charity
A New Partnership for Sustainable Impact Investing in Frontier Markets
5007059869 P000532001
This project aims to reduce poverty by supporting the development of small and medium enterprises, which play a vital role in creating jobs and generating wealth in developing country markets. The project supports the launch of a 15-year investment fund that leverages private equity investment of up to $400 million to help up to 250 of the most promising small and medium enterprises in developing countries grow, thereby creating at least 15,000 new jobs.
Through investments and technical assistance, the project also aims to increase access to products and services for up to 10,000,000 individuals, improve socially responsible business practices and generate additional revenues for small and medium enterprises and governments.
This project is a collaboration among the Mennonite Economic Development Associates, Sarona Asset Management, and the MaRS Centre for Impact
Investing. The project is part of Canada's commitment to promoting sustainable economic growth globally.
$9,205,993.00
Jun 19, 2013
Not-for-profit organization or charity
Entrepreneurship and Business Growth for Youth in Ethiopia
5007059739 P000244001
This project aims to increase incomes of male and female youth in urban of Ethiopia by improving their employment-readiness skills and strengthening youth-run small businesses. Talented and qualified Ethiopian youth are also recruited and deployed as trainers within their communities to deliver a peer-to-peer entrepreneurship development program to unemployed youth. The initiative uses information and communication technology and provides business development services and capacity-building support to businesses and partners to deliver effective entrepreneurship programs for youth. The project aims at building the entrepreneurial and business skills of 75,000 young people between the ages of 18 and 29, enabling them to find employment or create micro- and small- enterprises. It also builds the capacity of 6,920 youth who already own small enterprises to successfully expand their businesses.