Treasury Board of Canada Secretariat
Symbol of the Government of Canada

ARCHIVED - 2010-11 - Main Estimates


Warning This page has been archived.

Archived Content

Information identified as archived on the Web is for reference, research or recordkeeping purposes. It has not been altered or updated after the date of archiving. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats on the "Contact Us" page.

Finance

Ministry Summary

Vote   (thousands of dollars)   2010–11   2009–10   Difference  
    Main Estimates   Main Estimates    





  Finance        
  Department        
1   Operating expenditures   110,273   93,603   16,670  
5   Grants and contributions   299,051   331,886   (32,835)  
(S)   Contributions to employee benefit plans   12,836   11,549   1,287  
(S)   Minister of Finance – Salary and motor car allowance   79   78   . . . . .  
(S)   Interest and Other Costs   33,693,000   31,868,000   1,825,000  
(S)   Canada Health Transfer (Part V.1 – Federal-Provincial        
          Fiscal Arrangements Act )   25,426,286   23,987,062   1,439,224  
(S)   Fiscal Equalization (Part I – Federal-Provincial Fiscal        
          Arrangements Act )   14,372,000   16,086,136   (1,714,136)  
(S)   Canada Social Transfer (Part V.1 – Federal-Provincial        
          Fiscal Arrangements Act )   11,178,703   10,860,781   317,922  
(S)   Transitional assistance to provinces entering into the        
          harmonized value-added tax framework (Part III.1 –        
          Federal-Provincial Fiscal Arrangements Act )   3,000,000   . . . . .   3,000,000  
(S)   Territorial Financing (Part I.1 – Federal-Provincial Fiscal        
          Arrangements Act )   2,663,567   2,497,926   165,641  
(S)   Payments to International Development Association   384,280   384,280   . . . . .  
(S)   Wait Times Reduction Transfer (Part V.1 – Federal-        
          Provincial Fiscal Arrangements Act )   250,000   250,000   . . . . .  
(S)   Payment to Ontario Related to the Canada Health Transfer        
          ( Budget Implementation Act, 2009 )   213,800   . . . . .   213,800  
(S)   Incentive for Provinces to Eliminate Taxes on Capital (Part        
          IV – Federal-Provincial Fiscal Arrangements Act )   170,000   123,000   47,000  
(S)   Establishment of a Canadian Securities Regulation        
          Regime and Canadian Regulatory Authority ( Budget        
          Implementation Act, 2009 )   150,000   . . . . .   150,000  
(S)   Purchase of Domestic Coinage   140,000   150,000   (10,000)  
(S)   Debt payments on behalf of poor countries to International        
          Organizations pursuant to section 18(1) of the        
          Economic Recovery Act   51,200   . . . . .   51,200  
(S)   Statutory Subsidies ( Constitution Acts, 1867–1982 , and        
          Other Statutory Authorities)   32,000   32,000   . . . . .  
(S)   Canadian Securities Regulation Regime Transition Office        
          ( Canadian Securities Regulation Regime Transition        
          Office Act )   11,000   . . . . .   11,000  
(S)   Youth Allowances Recovery ( Federal-Provincial Fiscal        
          Revision Act, 1964 )   (655,786)   (688,935)   33,149  
(S)   Alternative Payments for Standing Programs (Part VI –        
          Federal-Provincial Fiscal Arrangements Act )   (2,976,719)   (3,124,006)   147,287  


  Total budgetary   88,525,569   82,863,360   5,662,209  





L10   In accordance with the Bretton Woods and Related        
          Agreements Act , the issuance and payment of non-        
          interest bearing, non-negotiable demand notes        
          in an amount not to exceed $384,280,000 to the        
          International Development Association   . . . . .   . . . . .   . . . . .  
  Items not required        
–   Payments and encashment of notes issued to the European        
          Bank for Reconstruction and Development – Capital        
          Subscriptions   . . . . .   1,749   (1,749)  


  Total non-budgetary   . . . . .   1,749   (1,749)  


  Total Department   88,525,569   82,865,109   5,660,460  





  Auditor General        
15   Program expenditures   75,104   72,632   2,472  
(S)   Contributions to employee benefit plans   9,961   9,543   418  


  Total Agency   85,065   82,175   2,890  





  Canadian International Trade Tribunal        
20   Program expenditures   10,474   8,379   2,096  
(S)   Contributions to employee benefit plans   1,467   1,151   315  


  Total Agency   11,941   9,530   2,411  





  Financial Transactions and Reports Analysis Centre of        
          Canada (FINTRAC)        
25   Program expenditures   45,380   43,737   1,643  
(S)   Contributions to employee benefit plans   4,394   4,219   175  


  Total Agency   49,774   47,956   1,818  





  Office of the Superintendent of Financial Institutions        
30   Program expenditures   947   873   74  
(S)   Spending of revenues pursuant to subsection 17(2) of the        
          Office of the Superintendent of Financial Institutions        
          Act   . . . . .   . . . . .   . . . . .  


  Total Agency   947   873   74  





  PPP Canada Inc.        
35   Payments to PPP Canada Inc. for operations and program        
          delivery   12,700   10,100   2,600  
40   Payments to PPP Canada Inc. for P3 Fund investments   242,500   72,800   169,700  


  Total Agency   255,200   82,900   172,300  





Note: Details may not add to totals due to rounding.  

Department

Strategic Outcome

A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians.

Program Activity Descriptions

Transfer and Taxation Payment Programs

The Financial Administration Act created the Department of Finance with a mandate that includes the supervision, control and direction of all matters relating to the financial affairs of Canada not by law assigned to the Treasury Board or any other minister. This program activity administers transfer and taxation payments to provinces and territories in accordance with legislation and negotiated agreements to provide for fiscal equalization and support for health and social programs and other shared priorities. Also included are commitments and agreements with international financial institutions aimed at aiding in the economic advancement of developing countries. In addition, from time to time, the government will enter into agreements or enact legislation to respond to unforeseen pressures. These commitments can result in payments, generally statutory transfer payments, to a variety of recipients including individuals, organizations and other levels of government.

Treasury and Financial Affairs

Provides direction of Canada's debt management activities, including the funding of interest costs for the debt and service costs for new borrowings. In addition, the program manages investments in financial assets needed to establish a prudent liquidity position. This program supports the ongoing refinancing of government debt coming to maturity, the execution of the budget plan and other financial operations of the government, including governance of the borrowing activities of major government backed entities such as crown corporations. This program activity is also responsible for the system of circulating Canadian currency (bank notes and coins) to meet the needs of the economy.

Economic and Fiscal Policy Framework

This program activity is the primary source of advice and recommendations to the Minister of Finance regarding issues, policies and programs of the Government of Canada related to the areas of economic and social policy, federal-provincial fiscal relations, financial affairs, tax matters and international trade and finance. The work conducted by this program activity involves extensive research, analysis, and consultation and collaboration with partners in both the public and private sectors including the government, Cabinet and Treasury Board, Parliament and parliamentary committees, the public and Canadian interest groups, departments, agencies and Crown Corporations, provincial and territorial governments, financial market participants, the international economic and finance community and the international trade community. In addition, this program manages the negotiation of agreements, drafting of legislation and sponsoring of bills through the parliamentary process that are subsequently administered by other program activities within the departments and by other government departments and agencies. The aim of this program activity is to create a sound and sustainable fiscal and economic framework that will generate sufficient revenues and provide for the management of expenditures in line with the Budget Plan and financial operations of the Government of Canada.

Strategic Outcome

The following program activity supports all strategic outcomes within this organization.

Program Activity Descriptions

Internal Services

Internal Services are groups of related activities and resources that are administered to support the needs of programs and other corporate obligations of an organization. These groups are: Management and Oversight Services; Communications Services; Legal Services; Human Resources Management Services; Financial Management Services; Information Management Services; Information Technology Services; Real Property Services; Materiel Services; Acquisition Services; and Travel and Other Administrative Services. Internal Services include only those activities and resources that apply across an organization and not to those provided specifically to a program.

Program by Activities

(thousands of dollars)       2010–11 Main Estimates       2009–10  





            Non-   Total   Main  
      Budgetary       budgetary     Estimates  






  Operating   Grants   Contributions   Less:   Total   Loans,      
        and other   Revenues     investments      
      transfer   credited     and advances      
      payments   to the vote          









Transfer and Taxation Payment                  
        Programs   12,401   229,001   54,329,381   . . . . .   54,570,783   . . . . .   54,570,783   50,743,507  
Treasury and Financial Affairs   33,833,000   . . . . .   . . . . .   . . . . .   33,833,000   . . . . .   33,833,000   32,018,000  
Economic and Fiscal Policy Framework   75,833   . . . . .   . . . . .   . . . . .   75,833   . . . . .   75,833   61,049  
Internal Services   46,354   . . . . .   . . . . .   400   45,954   . . . . .   45,954   42,554  









  33,967,587   229,001   54,329,381   400   88,525,569   . . . . .   88,525,569   82,865,109  









Note: Details may not add to totals due to rounding.

Transfer Payments

        (dollars)   2010–11   2009–10  
  Main Estimates   Main Estimates  



Grants      
        Compensation to Canadian agencies or entities established by an Act of      
                Parliament for reduction of debts of debtor countries   229,001,368   148,200,000  


Total grants   229,001,368   148,200,000  



Contributions      
        Toronto Waterfront Revitalization Initiative   65,049,686   127,486,000  
        Contribution to the Harbourfront Centre   5,000,000   5,000,000  


Total contributions   70,049,686   132,486,000  



Other Transfer Payments      
        (S) Canada Health Transfer (Part V.1 – Federal-Provincial Fiscal      
                Arrangements Act )   25,426,286,000   23,987,062,000  
        (S) Fiscal Equalization (Part I – Federal-Provincial Fiscal Arrangements      
                Act )   14,372,000,000   16,086,136,000  
        (S) Canada Social Transfer (Part V.1 – Federal-Provincial Fiscal      
                Arrangements Act )   11,178,703,000   10,860,781,000  
        (S) Transitional assistance to provinces entering into the harmonized      
                value-added tax framework (Part III.1 – Federal-Provincial Fiscal      
                Arrangements Act )   3,000,000,000   . . . . .  
        (S) Territorial Financing (Part I.1 – Federal-Provincial Fiscal      
                Arrangements Act )   2,663,567,000   2,497,926,000  
        (S) Payments to International Development Association   384,280,000   384,280,000  
        (S) Wait Times Reduction Transfer (Part V.1 – Federal-Provincial Fiscal      
                Arrangements Act )   250,000,000   250,000,000  
        (S) Payment to Ontario Related to the Canada Health Transfer ( Budget      
                Implementation Act, 2009 )   213,800,000   . . . . .  
        (S) Incentive for Provinces to Eliminate Taxes on Capital (Part IV –      
                Federal-Provincial Fiscal Arrangements Act )   170,000,000   123,000,000  
        (S) Establishment of a Canadian Securities Regulation Regime and      
                Canadian Regulatory Authority ( Budget Implementation Act, 2009 )   150,000,000   . . . . .  
        (S) Debt payments on behalf of poor countries to International      
                Organizations pursuant to section 18(1) of the Economic Recovery Act   51,200,000   . . . . .  
        (S) Statutory Subsidies ( Constitution Acts, 1867–1982 , and Other      
                Statutory Authorities)   32,000,000   32,000,000  
        (S) Youth Allowances Recovery ( Federal-Provincial Fiscal Revision Act,      
                1964 )   (655,786,000)   (688,935,000)  
        (S) Alternative Payments for Standing Programs (Part VI – Federal-      
                Provincial Fiscal Arrangements Act )   (2,976,719,000)   (3,124,006,000)  


Total other transfer payments   54,259,331,000   50,408,244,000  



Items not required      
        Debt payments to international organizations on behalf of poor countries   . . . . .   51,200,000  


Total items not required   . . . . .   51,200,000  



Total   54,558,382,054   50,740,130,000  



Auditor General

Strategic Outcome

Through legislative auditing, we contribute to a well-managed and accountable government for Canadians.

Program Activity Descriptions

Legislative Auditing

We conduct independent audits and studies that provide objective information, advice and assurance to Parliament, government and Canadians.

Program by Activities

(thousands of dollars)   2010–11 Main Estimates   2009–10  

  Budgetary   Total   Main  

  Operating   Less:     Estimates  
    Revenues      
    credited      
    to the vote      





Legislative Auditing             85,725                   660         85,065             82,175  





            85,725                   660         85,065             82,175  





Note: Details may not add to totals due to rounding.

Canadian International Trade Tribunal

Strategic Outcome

Fair, timely and transparent disposition of international trade cases, procurement cases and government-mandated inquiries within the Tribunal's jurisdiction.

Program Activity Descriptions

Adjudication of Trade Cases (quasi-judicial role)

The Tribunal's adjudicative mandate is to provide a fair, timely and transparent trade remedies system to Canada's business sector, thereby preserving confidence in the Canadian market, to the benefit of Canadian businesses and consumers. The Tribunal acts as an independent, quasi-judicial, decision-making body that derives its adjudication authority from the Canadian International Trade Tribunal Act , the Special Import Measures Act (SIMA), the Customs Act and the Excise Tax Act . It operates within Canada's trade remedies system to apply existing policies and laws on trade agreements seeking to address unfair competition in the domestic market or provide emergency protection against imported items that are seen to cause injury to a domestic industry. The Tribunal also hears appeals from decisions of the Canada Revenue Agency (CRA) and Canada Border Services Agency (CBSA). It has also been designated as the bid challenge authority under the Agreement on Internal Trade (AIT), the North American Free Trade Agreement (NAFTA) and the World Trade Organization (WTO) Agreement on Government Procurement (AGP) against the federal government procurement process.

In its quasi-judicial role, the Tribunal's caseload is comprised of the following: Unfair trade cases – inquiries under SIMA into whether dumped and/or subsidized imports have caused or are threatening to cause injury to a Canadian industry; Bid challenges – inquiries into complaints by potential suppliers concerning federal government procurement under NAFTA, the AIT and the AGP; Appeals of decisions of the CBSA made under the Customs Act and SIMA, and decisions of the CRA under the Excise Tax Act ; and Safeguard cases – inquiries into whether the rapid build-up of imports from China, or from around the world, is causing injury to a Canadian industry.

General Economic Inquiries and References (advisory role)

In its advisory role, the Tribunal's caseload is comprised of three types of cases. First, the Tribunal plays an advisory role when requested by Government to recommend measures to alleviate injury to domestic producers pursuant to a safeguard inquiry. Periodically, the Government may also direct the Tribunal to inquire into general economic, trade or tariff matters. In such inquiries, the Tribunal has the power to conduct research, receive submissions, hold hearings and report with recommendations, as required, to the Government or the Minister of Finance. When these requests arise, the Tribunal faces a strain on its resources and must meet very strict government imposed deadlines.

Finally, the Tribunal has received a standing reference from the Minister of Finance to investigate requests from domestic producers for tariff (import tax) relief on imported textile inputs for use in their manufacturing operations and make recommendations to the Minister that would maximize the net economic benefits to Canada.

In its advisory role, the Tribunal's caseload is comprised of the following: Safeguard cases – where the Tribunal finds injury to a Canadian industry, the Governor in Council may request the Tribunal to recommend appropriate measures for dealing with the build-up of imports; General economic, trade and tariff inquiries referred by the Government – inquiries and advice on such economic, trade and tariff issues as are referred to the Tribunal by the Governor in Council or the Minister of Finance; and Standing tariff reference referred by the Minister of Finance – investigations into requests from Canadian producers for tariff relief on imported textile inputs that they use in their production.

Strategic Outcome

The following program activity supports all strategic outcomes within this organization.

Program Activity Descriptions

Internal Services

Internal Services are groups of related activities and resources that are administered to support the needs of programs and other corporate obligations of an organization. These groups are: Management and Oversight Services; Communications Services; Legal Services; Human Resources Management Services; Financial Management Services; Information Management Services; Information Technology Services; Real Property Services; Materiel Services; Acquisition Services; and Travel and Other Administrative Services. Internal Services include only those activities and resources that apply across an organization and not to those provided specifically to a program.

Program by Activities

(thousands of dollars)   2010–11 Main Estimates   2009–10  

  Budgetary   Total   Main  

  Operating     Estimates  




Adjudication of Trade Cases (quasi-judicial role)   7,523   7,523   6,071  
Internal Services   4,299   4,299   3,371  
General Economic Inquiries and References (advisory role)   119   119   88  




  11,941   11,941   9,530  




Note: Details may not add to totals due to rounding.

Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

Strategic Outcome

FINTRAC's detection and deterrence of money laundering and terrorist financing contributes to the public safety of Canadians and helps protect the integrity of Canada's financial system.

Program Activity Descriptions

Detection and deterrence of money laundering and terrorist financing

Within this program activity, FINTRAC undertakes activities related to the collection of financial information and the production and dissimination of financial intelligence. In addition, the Centre undertakes activities to ensure compliance by reporting entities with their obligations under Part I of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act .

Strategic Outcome

The following program activity supports all strategic outcomes within this organization.

Program Activity Descriptions

Internal Services

Internal Services are groups of related activities and resources that are administered to support the needs of programs and other corporate obligations of an organization. These groups are: Management and Oversight Services; Communications Services; Legal Services; Human Resources Management Services; Financial Management Services; Information Management Services; Information Technology Services; Real Property Services; Materiel Services; Acquisition Services; and Travel and Other Administrative Services. Internal Services include only those activities and resources that apply across an organization and not to those provided specifically to a program.

Program by Activities

(thousands of dollars)   2010–11 Main Estimates   2009–10  

  Budgetary   Total   Main  

  Operating   Contributions     Estimates  
    and other      
    transfer      
    payments      





Detection and deterrence of money laundering and terrorist          
        financing   41,628   800   42,428             29,540  
Internal Services   7,346   . . . . .   7,346             18,416  





  48,974   800   49,774             47,956  






Notes:

Details may not add to totals due to rounding.

The 2009-10 funding associated with the "Collection, Analysis and Dissemination of Financial Information" program activity is displayed under the new "Detection and deterrence of money laundering and terrorist financing" program activity.

Transfer Payments

        (dollars)   2010–11   2009–10  
  Main Estimates   Main Estimates  



Contributions      
        Contribution to the Egmont Group Secretariat to support development      
                and operations                             800,000                       1,400,000  


Total contributions                             800,000                       1,400,000  



Office of the Superintendent of Financial Institutions

Strategic Outcome

A safe and sound Canadian financial system.

Program Activity Descriptions

Regulation and Supervision of Federally Regulated Financial Institutions

This program involves regulating and supervising federally regulated financial institutions (FRFIs) to determine whether they are in sound financial condition and are complying with their governing law and supervisory requirements; monitoring the financial and economic environment to identify issues that may impact these institutions negatively; and intervening in a timely manner to protect depositors and policyholders from undue loss, while recognizing that management and boards of directors are ultimately responsible, and that financial institutions can fail.

Costs for this program are recovered through base assessments and user fees and charges paid by the federally regulated financial institutions covered under the Bank Act, Trust and Loan Companies Act, Insurance Companies Act and Cooperative Credit Associations Act . The Office of the Superintendent of Financial Institutions also receives revenues for cost-recovered services to provinces, for which it provides supervision of their institutions on a fee for service basis.

Regulation and Supervision of Federally Regulated Private Pension Plans

This program involves regulating and supervising federally regulated private pension plans to determine whether they are meeting minimum plan funding requirements and are complying with their governing law and supervisory requirements. This program provides risk assessments of pension plans covering employees in federally regulated areas of employment; timely and effective intervention and feedback to protect the financial interests of plan members and beneficiaries from undue loss, while recognizing that plan administrators are ultimately responsible, and that plans can fail; a balanced relevant regulatory framework; and a prudentially effective and responsive approvals process. This program incorporates risk assessment and intervention, regulation and guidance, and approvals and precedents related to federally regulated private pension plans under the Pension Benefits Standards Act, 1985 . The costs for this program are recovered from pension plan fees based on the number of members in each federally regulated pension plan.

International Assistance

This program incorporates activities related to providing assistance to selected developing and emerging market economies to improve their supervisory systems in line with international banking and insurance supervisory standards, thereby enhancing the stability of the global financial system. In order to achieve efficiency and economy in program delivery and training of supervisors from many different jurisdictions, this program also collaborates with a number of regional banking and insurance associations and other technical assistance providers such as the Financial Stability Institute. The costs for this program are recovered via Memoranda of Understanding between the Office of the Superintendent of Financial Institutions and organizations such as the Canadian International Development Agency and the International Monetary Fund.

Strategic Outcome

A financially sound and sustainable Canadian public retirement income system.

Program Activity Descriptions

Actuarial Valuation and Advisory Services

The federal government and the provinces, through the Canada Pension Plan (CPP), public sector pension arrangements and other social programs have made commitments to Canadians and have taken on emanated responsibility for the financing of these commitments. Some are long-term and it is important that decision-makers, Parliamentarians and the public understand these and the inherent risks. This program plays a vital and independent role in this process. It provides checks and balances on the future costs of the different pension plans under its responsibilities.

This program provides a range of actuarial services, under legislation, to the CPP and some federal government departments.

It conducts statutory actuarial valuations of the CPP, Old Age Security (OAS) and Canada Student Loans programs, and pension and benefits plans covering the Federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police (RCMP), federally appointed judges, and Members of Parliament.

The Office of the Chief Actuary (OCA) is funded by fees charged for its actuarial valuation and advisory services and by an annual parliamentary appropriation.

Strategic Outcome

The following program activity supports all strategic outcomes within this organization.

Program Activity Descriptions

Internal Services

Internal Services are groups of related activities and resources that are administered to support the needs of programs and other corporate obligations of an organization. These groups are: Management and Oversight Services; Communications Services; Legal Services; Human Resources Management Services; Financial Management Services; Information Management Services; Information Technology Services; Real Property Services; Materiel Services; Acquisition Services; and Travel and Other Administrative Services. Internal Services include only those activities and resources that apply across an organization and not to those provided specifically to a program.

Program by Activities

(thousands of dollars)     2010–11 Main Estimates     2009–10  



    Budgetary     Total   Main Estimates  



  Operating   Capital   Less:      
      Revenues      
      credited      
      to the vote      






Actuarial Valuation and Advisory Services   4,254   . . . . .   3,321   933   873  
Internal Services   38,678   4,735   43,400   14   . . . . .  
Regulation and Supervision of Federally            
        Regulated Financial Institutions   54,571   . . . . .   54,571   . . . . .   . . . . .  
Regulation and Supervision of Federally            
        Regulated Private Pension Plans   4,414   899   5,313   . . . . .   . . . . .  
International Assistance   1,649   . . . . .   1,649   . . . . .   . . . . .  






  103,567   5,634   108,254   947   873  






Notes:

Details may not add to totals due to rounding.

The 2009-10 funding associated with the "Office of the Chief Actuary" program activity is displayed under the new "Actuarial Valuation and Advisory Services" Program activity.

Finance PPP Canada Inc.

Strategic Outcome

Transform Canada into a leader for public-private partnerships (P3).

Program Activity Descriptions

Federal Public-Private Partnership Initiatives

Through this program activity, PPP Canada Inc. will: manage a Public-Private Partnerships Fund (P3 Fund), a unique infrastructure program designed to support innovative public-private partnerships projects; assess public-private partnerships opportunities for contributions under other Government of Canada infrastructure programs to ensure consideration of such arrangements; assess public-private partnership opportunities and advise on the execution of public-private partnership projects at the federal level; and act as a source of expertise and advice for public-private partnership matters in order to encourage the further development of Canada's public-private partnerships market.

Program by Activities

(thousands of dollars)   2010–11 Main Estimates   2009–10  

  Budgetary   Total   Main  

  Operating     Estimates  




Federal Public-Private Partnership Initiatives   255,200   255,200   82,900  




  255,200   255,200   82,900  




Note: Details may not add to totals due to rounding..