Western Economic Diversification Canada

Funds leveraged means that communities have partnered with various sources of funds to realize their projects and therefore are addressing their communities’ needs through these investment opportunities. The leverage ratio represents total financial contributions by WD’s partners in relation to...

Professional, science and technology-related jobs – Based on an OECD definition of ‘science and technology-related jobs’ that includes occupations beyond those typically associated with science, technology, engineering and mathematics (STEM) or merely the natural sciences. It includes physical,...

"Communities benefitting" include all distinct communities receiving benefit from a community-based project under one of the following three sub-programs: Community Development, Community Futures Program, or Targeted Economic Initiatives. Note: If a community benefits from two different projects,...

Small and Medium-Sized Enterprises – Small enterprises are defined as having 1-99 employees. Medium sized enterprises have 100-499 employees. So small and medium-sized enterprises (SMEs) are all firms with less than 500 employees. Majority-owned / Majority ownership – Majority ownership for each...

The total dollar value increase in sales of firms supported by WD.

Value in dollars of total exports (all products) originating from western Canada.

Business Expenditures in Research and Development (BERD) – expenditures by private firms on research and development. It includes creative work undertaken on a systematic basis in order to increase the stock of knowledge, and the use of this knowledge to devise new applications. R&D covers...

"Communities benefitting" include all distinct communities receiving benefit from a new or improved infrastructure system, network, or facility. Note: If a community benefits from two different projects, that community will be counted twice.

The sum of the dollar value of international sales, foreign investment, international research agreements and economic impact from international visitors.

High-Growth Firm – Based on list of all businesses in Canada included in Statistics Canada’s Business Register, a “high-growth firm” is an enterprise with average annualized growth greater than 20% per annum over a three-year period. That is, the total growth over a three-year period must be...