Department of Fisheries and AquacultureCanada-Newfoundland Economic Renewal Agreement • December 14th, 1998
The Canada-Newfoundland Economic Renewal Agreement (ERA) was signed on 20 June 1996. The agreement is between the federal and provincial governments and covers the period 1 April 1996 through 31 March 2001. Its purpose ...is to
IntroductionCanada-Newfoundland Economic Renewal Agreement • February 18th, 2000
The Canada-Newfoundland Economic Renewal Agreement (ERA) was signed on 20 June 1996. The Agreement is between the Federal and Provincial Governments and covers the period 1 April 1996 through 31 March 2001. Its purpose “is to increase opportunities for economic development in Newfoundland and, specifically, to enhance growth of earned incomes and employment opportunities in the province.” The primary focus of the Agreement is on advanced technology, tourism and aquaculture. Funding under the ERA totals $100 million, cost-shared between the Federal Government ($80 million) and the Provincial Government ($20 million). Figure 1 provides information on the funding allocated to each program area and the actual program expenditures to 31 March 1999.
