A summative evaluation of the Foreign Credential Recognition Program (FCRP) funded by Human Resources and Skills Development Canada (HRSDC) was conducted during the spring, summer and fall of 2008. The main objective of the evaluation was to measure the relevance, impacts, and cost-effectiveness of the program. Given the timing of the evaluation in relation to program implementation (2004-05), the measurement of impacts and success focused mainly on the intended immediate and medium-term outcomes of the program. Whereas, the evaluation assessed only "progress" towards intended longer-term outcomes due to the challenges in achieving these outcomes within the four year time frame against which the evaluation was conducted. Overall, the Evaluation found the Program to be relevant, cost-effective, and successful in meeting immediate outcomes while progressing well towards targeted long-term outcomes. However, there is relatively slower progress made towards intermediate outcomes beyond the initial investments in the engineering and physician occupations. Program relevance was assessed by examining the level of consistency between the program, the government and departmental priorities as well as relevance to stakeholder needs. Evaluation results show that there is a continued need for the program. Key findings and conclusions in this report underscore the important role the Government of Canada plays, through the FCR Program, in coordinating, facilitating and supporting partners and key stakeholders. Appendices include: (1) List of Targeted Occupations; (2) FCRP Funding and Number of Projects by Occupation; (3) FCRP Logic Model; and (4) International FCR Practices. (Contains 7 tables and 70 footnotes.)