Policy on Management of Materiel

Explains how federal materiel assets are vital corporate resources that, when managed well, support the cost‑effective and efficient delivery of government programs.
Date modified: 2006-06-26

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Glossary

controlled goods (marchandises contrôlées)
Those goods specified in the schedule ("Controlled Goods List") to the Defence Production Act.
donation (don)
The provision by contribution, gift or bequest by a person, group or organization external to the Government of Canada of funds, goods, facilities or services without cost to the Government of Canada. The contribution is made without expectation of any benefit in return (other than public acknowledgement, if agreed to by both parties, or a tax receipt). The contribution may or may not support a particular Government of Canada event or activity.
fair market value (juste valeur marchande)
The price that would be agreed to in an open and unrestricted market between knowledgeable and willing parties dealing at arm's length who are fully informed and not under any compulsion to transact.
federal heritage collections (collections du patrimoine federal)
Collections of art, historical artifacts, archaeological artifacts and archival collections that are of artistic, historical, ceremonial, documentary, technological or associative importance and that are owned by federal departments (excepting those managed by Parks Canada under its legislative mandate). New objects of potential heritage value are also considered to be valid cultural property.
heritage value (valeur patrimoniale)
A value determined by assessing the symbolic value, the age and/or rarity value. The associative or representative value of an asset; artistic value, historical value, aesthetic value, monetary value, etc., do not in themselves constitute elements of heritage value, though they do play a role in determining significance.
inventory (inventaire)
Materiel held in stock at storage facilities, including materiel that is undergoing repair or is in the supply system.
inventory control (contrôle des stocks)
The control of materiel by means of established materiel accounting and management methods and procedures.
life cycle management (gestion du cycle de vie)
The effective and efficient management of assets along the entire continuum from the identification of a requirement to the disposal and replacement of the asset acquired to meet the requirement. The phases of life cycle management include assessing requirements; analyzing options; planning acquisition; acquiring; operating, using, and maintaining; and disposing and replacing.
materiel (matériel)
All movable assets, excluding money and records, acquired by Her Majesty in right of Canada.
materiel management (gestion du matériel)
All activities necessary to acquire, hold, use and dispose of materiel, including the notion of achieving the greatest possible efficiency throughout the life cycle of materiel assets.
net proceeds (montant net)
The difference between the revenue generated for the Crown through the disposal of an asset and the cost to the Crown of disposing of it. The total cost of disposal should include all the costs of the custodial department (e.g., administrative, direct handling, warehousing, transportation, fees, commissions, etc.), as well as all costs incurred by Public Works and Government Services Canada in excess of any commissions paid by the custodial department.
physical security (sécurité physique)
The use of physical safeguards to prevent and delay unauthorized access to assets, detect attempted and actual unauthorized access, and activate an appropriate response.
record (document)
Any correspondence, memorandum, book, plan, map, drawing, diagram, pictorial or graphic work, photograph, film, microform, sound recording, videotape, machine readable record, and any other documentary material, regardless of physical form or characteristic, and any copy thereof.
seized property (bien saisi)
Any property seized under the authority of any act of Parliament or pursuant to any warrant of any rule of law in connection with any designated offence.
sponsorship (parrainage)
A collaborative arrangement between the Government of Canada and persons, groups or organizations external to the Government of Canada. In such an arrangement, funds, goods, facilities or services are provided to the Government of Canada to support a particular event or activity in exchange for some appropriate non-monetary benefit of approximately equal value.
stocktaking (prise d'inventaire)
The procedure of counting and reconciling actual holdings against automated or manual records for stocking accounts. The aim is to resolve discrepancies, update computer and manual records regarding the balance of stock on hand, identification, condition and location of materiel.
surplus Crown asset (biens de surplus de la couronne)
Property (excluding real property or immovables as defined in the Federal Real Property and Federal Immovables Act or licences in respect thereof) of Her Majesty which is in the custody or under the control of a department or federal body that has determined that the property is surplus to its requirements (i.e., there is no current or foreseen requirement for it).
use (utilisation)
A performance measure that addresses the type, suitability and intensity of use of an asset relative to its capacity or potential.
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