Disclosure of grants and contributions awards

Fiscal Year 2015-2016

4th quarter

Recipient Name:European Space Agency (ESA)
Location:Parai, France
Date:2016-01-04
Value:$10,541,226.58
Type:Contribution
Purpose:Canada's annual assessed contribution to the European Space Agency's (ESA) General Budget under the Canada/ESA Cooperation Agreement, for the calendar year 2016.
Comments:The total value of the assessed contribution to the ESA's General Budget for 2016 is 6,800,791.34 Euros with an estimated exchange rate of $1.55/1 Euro. Payment will be made in 3 installments according to a pre-set calendar; that is 40% in January, 40% in June and 20% in October.