Difference between revisions of "INAC contribution"

Revision as of 00:37, 20 April 2010

In 2004, Indian and Northern Affairs Canada (INAC) announced it would be providing the DCBC with $3 million in funding as part of its Regional Partnerships Fund. The money was contingent on meeting various unknown objectives and timeframes. Due to the various delays and lack of a suitably-priced bid in 2005-2006, expenditures of only $1.37 million were made before the funding agreement expired on March 31, 2006, and the rest of the money lapsed. Along with some other small contributions this is likely the amount of the Fort Providence groups' equity stake in the project, estimated at around $1.4-1.5 million.

Confirming with INAC the amount actually realized from the original $3 million announcement was a surprisingly (not to say ridiculously) involved process, and I'll post details here when I get a chance.

External Links

• INAC announcement - press release from April 13, 2004.
• INAC disclosure record - contribution record January 6, 2006, shows award of $3,108,211.77.
• 2005-2006 PUBLIC ACCOUNTS OF CANADA Transfer Payments (PDF) - p. 219 shows $3,000,000 payment.
• GNWT Timeline - see the first paragraph in the section for the year 2007.

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