Sources of Federal Government and Employee Information

Canada Enterprise Emergency Funding Corporation

Table of Contents

General Information

  • Introduction to Info Source
  • Background
  • Responsibilities

Institutional Functions, Programs and Activities

  • Large Employer Emergency Funding Facility
  • Internal Services
  • Classes of Personal Information

Additional Information

  • Reading Room

 

General Information

Introduction to Info Source

Info Source: Sources of Federal Government and Employee Information provides information about the functions, programs, activities and related information holdings of government institutions subject to the Access to Information Act and the Privacy ActIt provides individuals and employees of the government (current and former) with relevant information to access personal information about themselves held by government institutions subject to the Privacy Act and to exercise their rights under the Privacy Act.

The Introduction and an index of institutions subject to the Access to Information Act and the Privacy Act are available centrally.

The Access to Information Act and the Privacy Act assign overall responsibility to the President of Treasury Board (as the designated Minister) for the government-wide administration of the legislation.

Background

Canada Enterprise Emergency Funding Corporation (“CEEFC”) is a federal Crown corporation incorporated in May 2020, and is a wholly owned subsidiary of Canada Development Investment Corporation (“CDEV”). 

CEEFC is led by a President & CEO who reports to the CEEFC Board of Directors. CEEFC is managed by the employees of its parent CDEV. CEEFC is funded through preferred shares issued to the federal government.

CEEFC was responsible for administering the Large Employer Emergency Funding Facility (“LEEFF”). The objective of LEEFF was to help protect Canadian jobs, help Canadian businesses weather the economic downturn, and avoid bankruptcies of otherwise viable firms where possible. 

Responsibilities

CEEFC has been responsible for receiving applications, assessing the requests against the eligibility criteria and terms approved by the Minister of Finance, and entering into, and funding transactions, in accordance with such terms. The additional liquidity provided through LEEFF allowed Canada’s largest businesses and their suppliers to remain active during the COVID-19 pandemic and positioned them for a rapid economic recovery. LEEFF is managed in accordance with terms and conditions approved by the Minister of Finance in cooperation with Innovation, Science and Economic Development Canada (ISED) and the Department of Finance.

As of July 29, 2022, CEEFC is no longer accepting new LEEFF applications. Currently, CEEFC is responsible for managing the portfolio of LEEFF assets, including loans and equity holdings.

Institutional Functions, Programs and Activities

LARGE EMPLOYER EMERGENCY FUNDING FACILITY

Description: A program to provide emergency funding support for large Canadian enterprises facing financial challenges in light of the economic impact of the global COVID-19 pandemic.

Document Types: contracts, financial records, loan agreements, legal documents related to LEEFF

Record Number: CEEFCLEEFF300

 

INTERNAL SERVICES

Internal services constitute groups of related activities and resources that are administered to support the needs of programs and other corporate obligations of an organization. These groups are management and oversight services, communications services, legal services, human resources management services, financial management services, information management services, information technology services, real property services, materiel services, acquisition services, and travel and other administrative services. Internal services include only those activities and resources that apply across an organization and not to those provided specifically to a program.

A. ACQUISITION SERVICES

Acquisition services involve activities undertaken to acquire a good or service to fulfill a properly completed request (including a complete and accurate definition of requirements and certification that funds are available) until entering into or amending a contract.

B. COMMUNICATIONS SERVICES

Communications services involve activities undertaken to ensure that Government of Canada communications are effectively managed, well coordinated and responsive to the diverse information needs of the public. The communications management function ensures that the public—internal or external—receives government information, and that the views and concerns of the public are taken into account in the planning, management and evaluation of policies, programs, services and initiatives.

C. FINANCIAL MANAGEMENT SERVICES

Financial management services involve activities undertaken to ensure the prudent use of public resources, including planning, budgeting, accounting, reporting, control and oversight, analysis, decision support and advice, and financial systems.

D. HUMAN RESOURCES MANAGEMENT SERVICES

Human resources management services involve activities undertaken for determining strategic direction, allocating resources among services and processes, as well as activities relating to analyzing exposure to risk and determining appropriate countermeasures. They ensure that the service operations and programs of the federal government comply with applicable laws, regulations, policies and plans.

E. INFORMATION MANAGEMENT AND TECHNOLOGY SERVICES

Information management services involve activities undertaken to achieve efficient and effective information management to support program and service delivery; foster informed decision making; facilitate accountability, transparency and collaboration; and preserve and ensure access to information and records for the benefit of present and future generations.

F. LEGAL SERVICES

Legal services involve activities undertaken to enable government departments and agencies to pursue policy, program and service delivery priorities and objectives within a legally sound framework.

G. MANAGEMENT AND OVERSIGHT SERVICES

Management and oversight services involve activities undertaken for determining strategic direction and allocating resources among services and processes, as well as those activities related to analyzing exposure to risk and determining appropriate countermeasures. They ensure that the service operations and programs of the federal government comply with applicable laws, regulations, policies or plans.

H. TRAVEL AND OTHER ADMINISTRATIVE SERVICES

Travel and other administrative services include Government of Canada travel services, as well as those other internal services that do not smoothly fit with any of the internal services categories.

Description: Documents relating to the day-to-day corporate functioning of CEEFC.

Document Types: Records include annual reports, financial documents, legal service records, human resources records, travel records, information technology records.

Record Number: CEEFCINT 300

Classes of Personal Information

In the course of conducting the activities of the Corporation, personal information may be accumulated which is not contained in the specific information banks described in this entry. This information exists in a fragmented form throughout the subject files of the Corporation. This information is stored as part of the general subject files. This form of information is retrievable only if specifics are provided concerning the subject matter, the related activity, as well as the date at which the information was received by the Corporation and to whom it was addressed.

The personal information contained in the subject files is retained for the same period of time as the related subject information and disposed of according to the appropriate record schedules.

Additional Information

Please see the Introduction to this publication for information on access procedures under the provisions of the Access to Information Act and the Privacy Act.

Please note: Each request made to the Canada Enterprise Emergency Funding Corporation
under the Access to Information Act, must be accompanied by an application fee of $5.00, cheque or money order made payable to the Canada Enterprise Emergency Funding Corporation.

For additional information about the programs and activities of the Canada Enterprise Emergency Funding Corporation, please contact:

Access to Information and Privacy Coordinator
161 Bay Street Suite 4540
Toronto, Ontario M5J 2S1

Direct Line:  416-966-3022
Facsimile: 416-966-5485
Email: atip-aiprp@cdev.gc.ca
Internet www.cdev.gc.ca

 

Reading Room

In accordance with the Access to Information Act and the Privacy Act, an area on the premises of this institution has been designated as a public reading room. The address is:

Canada Enterprise Emergency Funding Corporation
161 Bay Street Suite 4540
Toronto, Ontario M5J 2S1