Program Highlights 2012–2013
4. Financial Framework
SADI's program funding comes from appropriations made available through the estimates process, and an authority to access repayments collected from SADI and the program that preceded it, Technology Partnerships Canada (TPC). In addition, in 2009, $200 million over four years (2010–11 to 2013–14) was announced for SADI.
Economic Action Plan 2013 announced stable funding of almost $1 billion for SADI over the next five years. The budget for 2013–2014 is $238 million.
As of , SADI approved $890 million in authorized assistance of which $568 million has been disbursed against eligible claims.
SADI annual disbursements continue to grow while operational costs decline as the program reaches steady state. ITO's operating expense was $5.6 million in 2012–13 for the management of SADI and TPC. Operating expenses cover salaries, audits, site visits, employee training, outreach and other administrative program requirements.
|Fiscal Year||ITO Operating
Expenses Footnote 1
|SADI Annual Contribution DisbursementsFootnote 2||TPC Annual Contribution DisbursementsFootnote 2|
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