General information
| Name of transfer payment program | Ports Asset Transfer Program |
| Start date | 2015 |
| End date | March 31, 2020 |
| Type of transfer payment | Grant and Contribution |
| Type of appropriation | Appropriated annually through Estimates |
| Fiscal year for terms and conditions | 2015–16 |
| Strategic Outcome | An efficient transportation system |
| Link to department's Program Alignment Architecture | Program 1.3: Transportation Infrastructure
Sub-program 1.3.2: Marine Infrastructure Sub-Sub-program 1.3.2.4: Port Operations |
| Description | The Ports Asset Transfer Program was developed to facilitate the transfer of the remaining Transport Canada administered port facilities. Ports can be acquired through sales or divestiture of the facility. Divestiture provides grant or contribution incentives to interested parties to acquire the ports. Grant funding at transfer is available only to provinces or municipalities. There are currently 48 ports remaining in Transport Canada’s inventory. |
| Expected results | At the end of the program, Transport Canada’s role as port owner and operator is reduced. |
| Fiscal year of last completed evaluation | N/A |
| Decision following the results of last evaluation | N/A |
| Fiscal year of planned completion of next evaluation | 2018-19 |
| General targeted recipient groups | The program is open for public and private entities to acquire a port. It is expected that most interest will come from municipalities or current users of the ports. |
| Initiatives to engage applicants and recipients | As part of the engagement phase, Transport Canada sent letters and/or held meetings with federal, provincial and municipal counterparts, Aboriginal groups and other interested parties as well as issued news releases, public notices and posted information on the internet. Engagement with stakeholders is ongoing throughout the program life-cycle, with a particular emphasis on keeping Aboriginal groups informed on the status of ports in their areas. |
Planning Information (dollars)
| Planned spending | ||||
|---|---|---|---|---|
| Type of transfer payment | Forecast spending 2016–17 | 2017–18 | 2018–19 | 2019–20 |
| Total grants | 0 | 46,987,200 | 2,722,000 | 0 |
| Total contributions | 5,575,857 | 27,036,763 | 23,065,000 | |
| Total other types of transfer payments | 0 | 0 | 0 | 0 |
| Total program | 5,575,857 | 74,023,963 | 25,787,000 | 0 |