Authority, Mandate and Program Activities Western Economic Diversification Canada (WD) is mandated to “promote the development and diversification of the economy of Western Canada and to advance the interests of the West in national economic policy, program and project development and implementation.” The Departmental Plan and Main Estimates provide further information on WD’s authority, mandate a. [...] The accompanying Statement of Authorities includes the department’s spending authorities granted by Parliament and those used by the department, consistent with the Main Estimates and Supplementary Estimates (A) for the 2021-2022 fiscal year. [...] 2 Western Economic Diversification Canada Quarterly Financial Report For the quarter ended June 30, 2021 (in thousands of dollars) Graph 1: Total Available for Use and Used for Vote 1 $60,000 $50,000 $47,771 $40,000 $35,262 Total available for use for the year $30,000 ending March 31 Total authorities used for the $20,000 quarter ended June 30 $11,779 $9,780 $10,000 $- 2021-2022 2020-2021 Statemen. [...] The net increase is explained by: • $211.3 million increase in funding to provide support to businesses and tourism operators facing hardship due to COVID-19 through the Regional Recovery and Relief Fund; • $53.1 million increase to support Canada’s air sector through the Air Sector Recovery Strategy; • $35.4 million increase in funding received for full supply; • $19.5 million net increase to fun. [...] In response to the COVID-19 pandemic, WD has identified increased enterprise-wide risks including risks to employee physical and mental health, cyber risk, and risks due to the speed of program delivery to get funding to Canadians economically affected by COVID-19 6 Western Economic Diversification Canada Quarterly Financial Report For the quarter ended June 30, 2021 in a timely manner.
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