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For immediate release
November 7, 2013
Ottawa – The Honourable Tony Clement, President of the Treasury Board, today tabled the Supplementary Estimates (B), 2013–14 in the House of Commons.
"Our Government has set a clear target to eliminate the deficit and balance the budget by 2015," said Minister Clement. "Through prudent fiscal stewardship, our Government is on track to balance the budget in 2015 without raising taxes or reducing important transfers to persons or to other levels of government."
The Supplementary Estimates (B), 2013–14 provide information on $5.4 billion in voted appropriations for 62 organizations as well as information on $5 million in statutory expenditures. This includes items such as:
The Supplementary Estimates present information to Parliament on elements of the Government of Canada's spending requirements that were already planned for in Canada's Economic Action Plan 2013 or in previous budgets.
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The Main and Supplementary Estimates provide information on the planned spending levels for each federal department and agency. Main Estimates must be tabled by March 1, and are followed by the Supplementary Estimates, which are normally tabled three times a year—in May, November and late February. The financial information found in the Estimates is presented in support of an Appropriation Bill seeking parliamentary approval for planned spending throughout the year.
Budgetary expenditures include the cost of servicing the public debt; operating and capital expenditures; transfer payments to other levels of government, organizations, or individuals; and payments to Crown corporations.
Non-budgetary expenditures (loans, investments, and advances) are outlays that represent changes in the composition of the financial assets of the Government of Canada.
The Supplementary Estimates (B), 2013–14 provide information on $5.4 billion in voted appropriations for 62 organizations and $5 million in statutory expenditures:
The Main and Supplementary Estimates, as well as Budgets and Updates of Economic and Fiscal Projections, reflect the Government's financial plans and resource allocation priorities at different points in the fiscal year. In combination with the subsequent reporting of financial results and actual expenditures in the Public Accounts and of results achieved in Departmental Performance Reports, Estimates documents help Parliament hold the Government to account for the allocation and management of public funds.
Upon tabling, the Main and Supplementary Estimates are referred to various parliamentary standing committees and to the Senate Standing Committee on National Finance. Committees may approve, reduce, or deny a Vote. A committee may not increase a Vote or transfer funds to another Vote. After review by committees, an appropriation bill is introduced for Parliament's approval.