"reducing the percentage of the PNI spend"

Is this a misprint?  What could it mean?  "Spend" is not a noun in dictionaries i consulted (the word is expenditure).  And PNI is not spelled out earlier in the piece, so one looks online and finds PNI standing for Pacific Neuropsychiatric Intsitute and Palestinian National Initiative, but nothing that makes sense in the context of Canadian content regulations.  Is there an editor in the G&M house?