Introduction
1. The purpose of this circular is to inform departments and agencies of
the attached Guidelines for Financing of Crown Corporations of the Government of
Canada.
2. These guidelines outline the classification criteria to be used in
financing transactions of the Government of Canada with its Crown corporations
so that the kinds of financial transactions in the Main or Supplementary
Estimates and the accounts of Canada can be properly classified.
Application
3. These guidelines apply to all departments (as defined in Section 2
of the Financial Administration Act) that are concerned with the financing
transactions between the Government of Canada and the Crown corporations named
in Schedule C and D of the Financial Administration Act.
They will also apply to Central Agencies in their review of proposals for the
financing of Crown corporations.
Implementation
4. These guidelines will be effective for all Government of Canada
financing transactions with Crown corporations that pertain to the 1981-82 and
subsequent fiscal years.
Guide on Financial Administration
5. The provisions of these guidelines will be included in the Guide on
Financial Administration by amendment to be issued at a later date.
Enquiries
6. Enquiries about this circular should be directed to the Director,
Financial and Operational Management Policy, Policy Development Branch, Office
of the Comptroller General. Le Contrôleur général adjoint
Direction de l'élaboration des poliques
J.Q. McCrindell
Assistant Comptroller General
Policy Development Branch