ARCHIVED - Investment Plan 2011/12 - 2015/16

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Commissioner Marc GrégoireFor the past 50 years, the Canadian Coast Guard has been a symbol of service and safety. The women and men we call our own have not only provided years of excellence in service delivery, but have embodied the ideals the Coast Guard has come to represent.

As we are poised to celebrate our 50th, Anniversary in 2012, our organization will be planning a series of events to honour our contributions to Canada as a maritime nation. But as we celebrate our past, we must also look to the future. Greater demands for our services, a changing climate in the Arctic, advancements in technology and expectations for a greater presence in the North have all set the tone of what we must strive to become.

Following a period of significant investment in the renewal of our seagoing assets, and in the maintenance of our current fleet, the Canadian Coast Guard has entered a period of fiscal restraint. In the recent Speech from the Throne, the Government of Canada announced that jobs and growth remain its top priority while they focus on eliminating the deficit. As such, the fiscal realities are now bringing additional challenges for the Agency.

However, these challenges also harbour great opportunities. We now need to think and operate more strategically and really focus on where we want to be – not only in the short term, but over the next 10 to 20 years. We will also need to look for better ways of delivering our services effectively and cost-efficiently, and examine whether technology can provide new options for our traditional ways. This is why it is important to ensure that we make the right decisions for our future.

As such, I am very pleased to present the Canadian Coast Guard’s 2011-2016 Integrated Investment Plan. This five-year investment plan is a vital component of Coast Guard’s overall strategic vision. The plan outlines how we, as a Special Operating Agency of Fisheries and Oceans Canada, will invest our financial resources to maximize service delivery to our clients. Our planned investments are reflective of the priorities identified in our annual Business Plan. By using a five-year planning horizon, we are able to provide sustained investments into the Agency’s asset base and meet the expectations of our clients

Through the Economic Action Plan, Coast Guard was provided with funds to address many investment needs that would have otherwise been unattainable. Through this plan, you will see that the agency will maintain a more stringent focus on our investment decisions, and will continue to work with other Fisheries and Oceans Canada sectors in order to align priorities and ensure these types of investments are addressed.

Investment planning is a critical activity that allows Coast Guard to deliver the highest quality of service to Canadians. Through solid, strategic investment planning, we will ensure that our resources are effectively allocated to our highest priorities and those of our clients.

Original document signed by Marc Grégoire
Commissioner, Canadian Coast Guard