Topic:"Financial Instruments" in M11108

trics, details regarding business case development, general updates on broader data and learnings, EfficiencyOne’s role and corresponding outcomes regarding demand response programs. The Board acknowledges that information such as that not...

AI summary The Board requires detailed project reports, including financial breakdowns and program implementation status, for the Smart Grid Nova Scotia Project. Reports must include expenditures categorized as presented in the application and allocations against funding partner contributions.

es and amounts could negatively impact government negotiations with other funding recipients; accordingly, the Government of Canada’s SIF program has requested confidential treatment of these figures. Attachments 6d and 7d are joint progre...

AI summary The document discusses the request for confidential treatment of certain figures related to the SIF program and joint progress reports from Smart Grid Atlantic Initiative members. NS Power is expected to file its next semi-annual report by July 31, 2023, and the final project report by December 31, 2023.

Program Final Claim Claim Number Endeavor Project Number Sub-Project Strategic Innovation Fund Yes No Project Start Date Project Completion Date Commercial Production Application Received Date Offer Accepted Date Holdback Threshold (YYYY-M...

AI summary The document outlines a project under the Strategic Innovation Fund, led by Nova Scotia Power Inc., with details on project dates, funding claims, and financial information such as eligible costs and payments.

8/23/22 REMARKS Charge to: DEPARTMENT CASH FORECAST - BALANCE OF PROJECT INCLUDING CY PAYMENTS, CLAIMS IN PROGRESS AND AMOUNT OF HOLDBACK FCF 20 20 FCF+1 20 20 FCF+2 20 20 FCF+3 20 20 FCF+4 20 20 Future Years $ $ $ $ $ $ ISED-ISDE1217E (20...

AI summary The text provides a financial forecast and includes references to a load forecast report and a smart grid semi-annual report. It mentions project costs categorized by type, but specific details are redacted.

vity # 6: Program Governance and Management % Completion Status Comments Details of Activity Performed • Unrestricted Page 6 of 15 Document # PM-FM-011 Version 5 2022-08-10 . . REDACTED (CONFIDENTIAL INFORMATION REMOVED) REDACTED 2023 Load...

AI summary The document outlines cost reporting requirements for Siemens and NB Power, including foreign costs, cost deviations, and cash flow deviations in relation to the Contribution Agreement. These reports are part of a program governance and management activity.

ignificant deviations in the cash flow forecast compared to the forecast in previous claim. a) b) c) d) Unrestricted Page 7 of 15 Document # PM-FM-011 Version 5 2022-08-10 . . REDACTED (CONFIDENTIAL INFORMATION REMOVED) REDACTED 2023 Load...

AI summary The text discusses the absence of significant deviations in cash flow forecasts and cost deviations, with NS Power reporting no new deviations and mentioning an amendment to the annual spend in the contribution agreement. Siemens and NB Power sections are incomplete and lack content.

Program Final Claim Claim Number Endeavor Project Number Sub-Project Strategic Innovation Fund Yes No Project Start Date Project Completion Date Commercial Production Application Received Date Offer Accepted Date Holdback Threshold (YYYY-M...

AI summary The document outlines a project under the Strategic Innovation Fund, managed by Nova Scotia Power Inc., with details on project dates, financial information, and funding control points. It includes information on eligible costs, payments, and funding thresholds.

% Total Eligible Costs (as per "Detailed $ 447,260.15 $ 10,406,373.15 Holdback Claim" attached) Industry Canada Share NET APPROVED $ $ ASSISTANCE Outstanding 2. ADVANCES (only when provided for in the letter of offer - Advance attach "Reci...

AI summary The document outlines a claim for eligible costs totaling $447,260.15, with a holdback and net approved assistance of $10,406,373.15. It includes details on advances, industry Canada's share, and certification requirements for the recipient.

pursuant to Departmental Signing Authorities. b) generally accepted and consistently followed accounting practices have been The amount payable relates to costs that: used; c) Her Majesty's payment will be applied to the project in accorda...

AI summary The text outlines conditions for payment under an agreement, including adherence to accounting practices, eligibility of costs, implementation of environmental measures, and absence of defaults or outstanding payments.

the alleged compliance or non compliance by the Minister of his/her obligations under the agreement. Approved and Certified pursuant to Section 34 1(b) of the FAA Shawn Connell Digitally signed by Shawn Connell Date: 2022.11.15 17:44:46 -0...

AI summary The text references a compliance assessment related to the Minister's obligations under an agreement, with certification and digital signing by Shawn Connell. It also mentions a department cash forecast and a redacted load forecast report from Synapse.

$ 1,065.41 $ 75.00 Total Eligible Expenditures $ 1,107,407.15 $ 339,298.98 INELIGIBLE EXPENDITURES Salaries and Benefits Overhead Professional, Scientific and Contracting Services $ - Travel, including Meals and Accomodations Equipment and...

AI summary The document presents a breakdown of eligible and ineligible expenditures, with a focus on total project costs related to Smart Grid Deployment and Demonstration Contributions. It outlines financial figures and includes placeholders for various cost categories and contribution agreements.

– PROJECT BUDGET & FINANCIALS Please enter the Budget Status. A project is considered to be “On Budget” if the final expenditure is within the budget as set out in the approved agreement with NRCan. Project Budget Status: (choose one) On b...

AI summary The document outlines the project budget status for NS Power's Smart Grid program, noting that the project is considered 'On Budget' if final expenditures align with the approved agreement with NRCan. A summary of project costs is provided in an Excel document.

$ 75.00 $ 8,076.18 Total Eligible Expenditures $ 496,775.50 $ 539,632.10 INELIGIBLE EXPENDITURES Salaries and Benefits Overhead Professional, Scientific and Contracting Services $ - Travel, including Meals and Accomodations Equipment and P...

AI summary The text presents financial data on eligible and ineligible expenditures for a project, including total eligible expenditures and breakdowns of ineligible costs such as salaries, overhead, and professional services. It also outlines the structure for completing project cost forms and contribution agreements, including holdback percentages and payment calculations.

AYMENT AMOUNT $ Complete "Professional, Scientific and Contracting Services" worksheet Complete "Equipment and Products" worksheet Complete "Other Expenses" worksheet NOTE 1: For Eligible Expenditures under the "Equipment and Products" cat...

AI summary The text outlines requirements for submitting claims related to eligible expenditures, including the need for invoices above certain thresholds and the inclusion of tax costs net of rebates. It also references a redacted load forecast report and a smart grid semi-annual report.

to eliminate potential fire incidents due to equipment failure. o No additional program participants are using the faulty device. 2A – OVERALL PROJECT PROGRESS ATTACHMENT (OPTIONAL) n/a 3 – PROJECT BUDGET & FINANCIALS Please enter the Budg...

AI summary The project is currently on budget, with expenditures aligning with the approved agreement with Natural Resources Canada. No significant deviations are reported, and no changes to funding are required at this time.

. Guidance and Definitions Has your enterprise filled out an APBR for this project in a previous year? (1) Yes Please select the method of accounting that best represents the financial figures in this report Accrual Accounting Project Spen...

AI summary The text asks if the enterprise has filled out an Annual Performance Benefits Report (APBR) for a project in a previous year and requests the method of accounting used. It also inquires about total spending on a SIF-funded project between January 2021 and December 2021, including all costs incurred.

l year. This includes purchases of goods and services related to the project (see Canadian Suppliers Block, below) as well as internal costs such as wages for employees. If the SIF-funded project is part or component of a larger project, p...

AI summary The text provides information about expenditures related to a SIF-funded project, including total purchases of goods and services by a business in the fiscal year 2021, with a breakdown of purchases from Canadian suppliers and specific allocations for fuel and operating and maintenance costs.

general/administrative, customer care, non-union trade) minus those counted in (b) through (e). 2) Of the total in (1), above, how many FTEs were “Highly Skilled" 1,023.00 4) Of the total in (3), above, how many FTEs were "Highly Skilled"...

AI summary The text discusses the calculation of Full-Time Equivalents (FTEs) and specifically 'Highly Skilled' FTEs, as well as the potential for employment-related commitments in the Contribution Agreement (CA) that may not be fully captured by standard reporting methods.

private company owned by Holding Company B. Holding Company B is 40% Canadian Owned, and 60% Foreign Owned. Company A is considered to be 40% Canadian Owned. For Public Companies Headquartered in Canada: Any individual foreign entity that...

AI summary The text discusses ownership structures of companies, distinguishing between private and public companies based on foreign and Canadian ownership percentages. It also references data collection alignment with the client's fiscal year and the selection of an appropriate SIF Stream for data processing.

Canadian Suppliers Block (for-profit only) Valid Guidance and Definitions 1) Between Jan 2020 and Dec 2020, what were your business’s total purchases of goods and services? Provide an estimate. $303,184,864.00 a) Of the total in 1), what a...

AI summary The text provides financial data related to purchases made by a Canadian supplier between January 2020 and December 2020, including total purchases and amounts sourced from Canadian suppliers, both overall and specific to a project.

dation Block: Validation: Data rule(s): Project Spending Valid If the SIF funded project is part of a larger project, on project spending must be less than total project expenditures

AI summary The text discusses a data rule for project spending under the SIF, stating that if a project is part of a larger initiative, the spending must be less than the total project expenditures.

definition of R&D for completing the APBR questions on R&D. In the comments box, please include total R&D inclusive of these additional costs. Dropdowns A number of the data sheets include dropdown selections. When inputting your data, ple...

AI summary The text provides instructions for completing the APBR questions on R&D, emphasizing the need to include total R&D costs, using dropdown selections correctly, verifying unit values, and adhering to data validation rules to ensure consistency and accuracy in data submission.

d revise Cell E46. Please provide the below information for your business in the three years prior to the start of the SIF funded project Goods and services sourced Gross Business Revenues of Gross Canadian Expenditures Employment (FTE tot...

AI summary The text requests information on goods and services sourced from Canadian suppliers, gross business revenues, Canadian expenditures on R&D, and employment figures for the three years prior to the start of the SIF funded project, with specific fiscal years listed.