Sub-program 1.3.6
Major Projects Management Office Initiative
Description
Major resource projects represent significant economic investments, creating thousands of jobs and providing important economic development opportunities for communities across Canada. More than $650 billion is expected to be invested in over 600 major economic projects across Canada over the next 10 years. Efficient and effective federal project reviews are needed to facilitate this investment and capitalize on the potential to stimulate jobs and growth through responsible resource development, while also maintaining strong environmental protection. The objective of the Major Projects Management Office/ Initiative is to support timely and effective project reviews and to lead Government-wide efforts to modernize the regulatory system for major projects. This includes efforts to improve the alignment of federal and provincial regulatory processes and to ensure effective and meaningful consultation with Aboriginal people.
| Expected Result | Performance Indicators | Targets |
|---|---|---|
| Regulatory reviews of major projects are completed in a predictable manner |
Predictable: Percentage of major resource project reviews that meet their Project Agreement milestones |
80% on an ongoing basis |
| Regulatory reviews of major projects are completed in a timely manner |
Timeliness: Average review time of completed MPMO projects |
<2 years on an ongoing basis |
| System-wide improvement of the federal regulatory process for major project reviews | Legislative, regulatory and policy improvements advanced through the MPMO Initiative | continuous improvement on an ongoing basis |
| Planned Spending | Main Estimates |
|---|---|
| 3,790 | 3,790 |
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