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Program 1.3

Investment in Natural Resource Sectors

Description

Investing in the development of natural resources is costly and risky due to the uncertainties related to the potential economic viability of natural resources. There are many factors to consider when deciding whether or not to develop a natural resource. In some cases, investors and/or companies lack knowledge on, and thus are unaware of, potential opportunities. The objective of this Program is to encourage natural resource sector investment by increasing knowledge of opportunities and thus decreasing the risk of development. This objective is achieved by providing funding and information on the factors that determine the potential economic viability of natural resources.

Non-Financial Performance Information
Expected Result Performance Indicators Targets
Natural resource sectors have increased investment Growth of capital expenditures in the energy sector (average of past 5 years) compared to growth in overall capital expenditures in Canada (average of past 5 years) The average 5 year growth rate of capital expenditures in the energy sector grows at a rate higher than the average 5 year growth rate in capital expenditures in Canada by March 31, 2014
Growth of capital expenditures in the forest sector (average of past 5 years) compared to growth in overall capital expenditures in Canada (average of past 5 years) The average 5 year growth rate of capital expenditures in the forest sector grows at a rate higher than the average 5 year  growth rate in capital expenditures in Canada by March 21, 2014
Growth of capital expenditures in the minerals and metals sector (average of past 5 years) compared to growth in overall capital expenditures in Canada (average of past 5 years) The average 5 year growth rate of capital expenditures in the mineral and metals sector grows at a rate higher than the average 5 year growth rate in capital expenditures in Canada by March 31, 2014
Financial Performance Information ($ thousands)
Planned Spending Main Estimates
54,484 54,484
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