Trudeau government proposes CanNor funding reduction

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Trudeau government proposes CanNor funding reduction – Cabin Radio

by ahnationtalk on April 18, 2018513 Views

The Government of Canada’s latest spending proposals include a significant reduction in annual funding for the Northern Economic Development Agency, better known as CanNor.

Brought into being by the Harper government in 2009, CanNor began life with an allocation of roughly $60 million to spend in its first full financial year of operation.

Since then, the agency’s annual funding has fluctuated. On Monday, the Trudeau government proposed $29.9 million for CanNor in 2018-19 as it tabled its main estimates, a document which outlines federal departments’ anticipated budgets.

That’s down from a shade over $50 million awarded to the agency for the last financial year. The federal government says CanNor can expect an overall reduction of $20.2 million year on year.

“This decrease in funding is primarily attributable to the sunsetting of $19.8 million for the Strategic Investments in Northern Economic Development Program and $6.4 million for the Canada 150 Community Infrastructure Program,” a federal summary of the main estimates explains.