Question Period Note: 2023-24 Main Estimates

How much funding is the Department requesting through these Main Estimates?

• Fisheries and Oceans Canada’s 2023-24 Main Estimates are presenting a total of $4.111 billion dollars in planned spending. This amount represents an increase of $124.5 million compared to the 2022-23 Main Estimates.
• The variance is attributed to changes to funding requirements for existing initiatives.
• These initiatives include items such as, the Canadian Coast Guard Fleet program; the sunsetting of funding such as the Small Craft Harbours Budget 2021 program; and, the introduction of funding for initiatives, such as initial recovery efforts following Hurricane Fiona.

• The Main Estimates list the resources required by individual departments and agencies for the upcoming fiscal year in order to deliver the programs for which they are responsible. Main Estimates are used to seek Parliamentary authority for spending.
• Due to timing, it is not always possible to include items announced in the Government’s federal budget. Additional funding stemming from the upcoming Budget would therefore be sought through Supplementary Estimates later in the fiscal year.
• These Main Estimates will be tabled in February, with the Interim Supply bill receiving Royal Assent prior to the start of the fiscal year. The remaining voted authorities will be received once Full Supply is granted in June.

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