Canadian Treaty Series
E100717 - CTS 1987 No. 16
AGREEMENT BETWEEN THE GOVERNMENT OF CANADA AND THE INTERNATIONAL FUND FOR IRELAND REGARDING A CONTRIBUTION BY CANADA TO THE FUND
The Government of Canada and the International Fund for Ireland,
RECALLING the close ties existing between Canada, Ireland and the United Kingdom of Great Britain and Northern Ireland and their peoples;
NOTING that the objectives of the Fund are to promote economic and social advance and to encourage contact, dialogue and reconciliation between nationalists and unionists throughout Ireland;
RECOGNIZING that increased cooperation between countries in the economic and social fields contributes to stability and encourages contact, dialogue and reconciliation;
CONSCIOUS that the Canadian Government has agreed to make available to the Fund a contribution of up to $10 million over a period of ten years including Government funds for financing programmes involving people from Canada and both parts of Ireland;
HAVE AGREED AS FOLLOWS:
For the purposes of this Agreement
- The Government shall be interpreted to mean the Government of Canada;
- The Fund shall be interpreted to mean the International Fund for Ireland.
Composition of the Canadian Contribution
The Canadian contribution under this Agreement and as described below shall comprise:
- Government financial assistance,
- Canadian private sector donations and matching Government amount, and
- Access by private businesses to ongoing programmes of the Canadian Government.
(a) The Government shall make available up to $2.5 million to match donations to the Fund by the Canadian private sector, to finance a Canada-International Fund for Ireland Youth Training and Exchange Programme as described in Article III (a) of this Agreement. To encourage such donations the Government, upon signature of this Agreement, shall provide the Fund with a first grant of $1 million;
(b) Donations made by the Canadian private sector may be destined to social projects selected from projects identified by the Fund;
(c) The Government shall make available up to $2.5 million in equal payments over five years to enable the Fund to finance a Canada-International Fund for Ireland Business Cooperation Programme as described in Article III (b) of this Agreement. The first payment of $500,000 shall be made upon signature of this Agreement;
(d) To help the financing needs arising from the subsequent development of Canadian business with Ireland during the existence of the Fund or for up to ten years, requests may be made by Canadian businesses for assistance under ongoing programmes of the Government of Canada.
Descriptions of Programmes
Subject to the provisions of the Agreement to establish the International Fund for Ireland, the Fund shall be responsible for the selection and implementation of the projects to be undertaken with Canada utilizing the Government grants provided for under the Canadian Contribution. In discharging this responsibility, the Board of the Fund will be guided by the following description of each of the programmes:
(a) The Canada-International Fund for Ireland Youth Training and Exchange Programme shall be designed to build knowledge and understanding of diverse societies and outlooks by bringing together young people from Ireland and Canada in practical living and work experience situations.
(b) The purpose of the Canada-International Fund for Ireland Business Cooperation Programme shall be to encourage and assist the business communities of Canada and both parts of Ireland to develop mutually beneficial collaboration in joint venture, licensing and investment. It is envisaged that this will be pursued through the selection of projects in areas in which Canada is able to provide expertise, such as forestry, fisheries, and technology, and by means of studies, visits, exchanges and advertising.
Consultative Service by the Government
1. The Government, through the Canadian observer to the Board of the Fund, will provide advice on the selection and implementation of the projects.
2. The expenses arising from attendance by the Canadian observer at meeting of the Board will be paid from the Government contribution to the Fund, except that local travel costs in Ireland and the United Kingdom will be paid from the Administration Account of the Fund.
Payment of Grants
Payment of the Government grants of up to $5 million to the Fund will be divided into two phases:
(a) In the first phase ending on March 31, 1989 an amount of $2 million will be made available by the Government as follows:
(i) The sum of $1,000,000 to finance the Canada-International Fund for Ireland Youth Training and Exchange Programme with Canada to be paid to the Fund on signature of this Agreement, constitutes an advance payment to encourage and match donations from the Canadian private sector. The amount will not be augmented further until private sector donations exceed $1 million and in any case not in the first phase, nor will it be required that any part of this amount be reimbursed by the Fund if the donations fail to reach $1 million;
(ii) The sum of $500,000 to be paid to the Fund on signature of this Agreement constitutes a grant to finance activities under the Canada-International Fund for Ireland Business Cooperation Programme;
(iii) The sum of $500,000 to be paid to the Fund in the fiscal year 1988/89 will constitute a further grant for the Business Cooperation Programme, subject to a review of the annual reports and audited accounts submitted by the Fund and found to be satisfactory by the Government.
(b) Grants in the second phase ending March 31, 1992 for the remaining amounts of up to $1.5 million for the Youth Training and Exchange Programme and $1.5 million for the Business Cooperation Programme are both contingent upon a review to be carried out by the Government during the fiscal year 1988/89 of the status of the Fund and its continuing eligibility for future grants as will be approved by the Canadian Parliament.
(c) All payments by the Government to the Fund shall be made in Canadian dollars and fiscal years referred to are Canadian fiscal years beginning April 1 and terminating March 31.
Records of the Fund
The Fund shall furnish to the Government through the Department of External Affairs its annual report and audited accounts which shall include a description of projects financed by the Canadian Government grants under each programme, and a statement listing the donations it has received from the Canadian private sector.
Entry into Force and Termination
1. This Agreement shall enter into force upon signature and shall remain in force until terminated by either Party upon six months written notice to the other; it may be modified at any time by mutual agreement.
2. Upon termination of the Agreement any uncommitted portion of the Government grant shall be returned to the Government unless disposed of by mutual agreement.
1. The following addresses are specified for the purposes of this Agreement:
For the Government of Canada:
The Department of External Affairs
Lester B. Pearson Building
125 Sussex Drive
Ottawa, Ontario K1A 0G2
For the Fund:
International Fund for Ireland
P.O. Box 2000, Dublin 2 or
P.O. Box 2000, Belfast BT4 3SA
2. Either Party shall notify the other in writing of any change of address.
DONE in duplicate at Ottawa, in the French and English languages, both texts being equally authentic, this 27th day of April 1987.
FOR THE GOVERNMENT OF CANADA
Charles E. B. Brett
FOR THE INTERNATIONAL FUND FOR IRELAND