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Minister Clement Tables the Supplementary Estimates (B), 2014-15 and the 2013-14 Departmental Performance Reports

ID: 1315871

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 11/05/14 -- Treasury Board of Canada Secretariat

Today, the Honourable Tony Clement, President of the Treasury Board, tabled the Supplementary Estimates (B), 2014-15 in the House of Commons along with the 2013-14 Departmental Performance Reports on behalf of 92 federal departments and agencies.

The Supplementary Estimates (B), 2014-15 provide information on $2.9 billion in funding for 63 organizations, and information on $328 million in expenditures that are required through legislation. This is done to ensure transparency and accountability to Canadians on how their tax dollars are spent.

Departmental Performance Reports are a measure of how well individual organizations met their plans and achieved the expected results as set out in their respective annual Reports on Plans and Priorities.

For more information on these or other initiatives found in the Supplementary Estimates (B), 2014-15 and the 2013-14 Departmental Performance Reports, please contact the responsible departments.

Quick Facts

Quotes

"The Government of Canada is committed to sound fiscal management. Through these Supplementary Estimates, we are making sure that government organizations can get the funds they need to continue providing programs and services that Canadians rely on."

- Tony Clement, President of the Treasury Board.

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BACKGROUNDER

Tabling of Supplementary Estimates (B),2014-15

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 February. The financial information found in the Estimates is presented in support of an appropriation bill seeking parliamentary approval for expenditures incurred 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),2014-15 provide information on $2.9 billion in voted appropriations for 63 organizations and $328 million in statutory expenditures:

The Main and Supplementary Estimates, as well as Budgets and Updates of Economic and Fiscal Projections, reflect theGovernment''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 ensure transparency for Canadians regarding 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. In considering Estimates, 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 tabled for Parliament''s approval.



Contacts:
Heather Domereckyj
Press Secretary
Office of the President of the Treasury Board
613-957-2666

Media Relations
Treasury Board of Canada Secretariat
613-957-2640


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Bereitgestellt von Benutzer: Marketwired
Datum: 05.11.2014 - 14:48 Uhr
Sprache: Deutsch
News-ID 1315871
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