2000–01

Economic, Social and Financial Policies Program

1

Program Expenditures

89.4

81.3

77.1

5

Grants and Contributions

330.0

345.0

194.4

(S)

Minister of Finance – Salary and Motor Car Allowance^[3]

0.1

0.1

0.1

(S)

Payments to the International Development Association

365.7

365.7

365.7

(S)

Payments to the International Monetary Fund's Poverty Reduction and Growth Facility

48.2

191.0

79.5

(S)

Contributions to Employee Benefit Plans

8.2

9.2

9.2

(S)

Purchase of Domestic Coinage^[4]

48.0

110.1

110.1

(S)

Payments of Liabilities Previously Transferred to Revenues

–

1.4

1.4

(S)

Refunds of Amounts Credited to Revenues in Previous Years

–

16.2

16.2

(S)

Spending of Proceeds from the Disposal of Surplus Crown Assets^[5]

–

0.1

–

(S)

Payments to Depositors of Canadian Commercial Bank, CCB Mortgage Investment Corporation and Northland Bank pursuant to the Financial Institutions Depositors Compensation Act^[6]

–

68.6

0.0

Total Budgetary

889.6

1,188.7

853.7

L10

Issuance and payment of Demand Notes to the International Development Association

–

202.3

202.3

(S)

Issuance of Loans to the International Monetary Fund's Poverty Reduction and Growth Facility

440.0

474.9

113.5

(S)

Advances for Loans to, or Purchase of Preferred Shares in, Petro-Canada Limited Pursuant to the Petro-Canada Limited Act

–

27.2

–

(S)

Subscriptions for Common Shares of Petro-Canada Limited Pursuant to the Petro-Canada Limited Act

–

1,573.6

–

(S)

Payment to the European Bank for Reconstruction and Development for supplementary subscriptions of shares

–

6.4

6.4

(S)

Issuance of demand notes to the European Bank for Reconstruction and Development for supplementary subscriptions of shares and capital subscriptions

13.5

10.7

10.7

(S)

Issuance of demand notes to the European Bank for Reconstruction and Development for supplementary subscriptions of shares

8.5

7.1

7.1

(S)

Payment to the Multilateral Investment Guarantee Agency

–

6.8

6.8

(S)

Payment to the Canadian Commercial Bank pursuant to the Canadian Commercial Bank Financial Assistance Act

–

2.0

–

Total Non-Budgetary

462.0

2,311.0

346.8

Total Program

1,351.6

3,499.7

1,200.5

^[1] Planned Spending is the amount included in the Department’s Report on Plans and Priorities for 2000–01 and indicates amounts planned at the beginning of the year.
^[2] Total Authorities are Main Estimates plus Supplementary Estimates and other authorities.
^[3] Planned Spending: $51,658; Total Authorities: $51,597; Actuals: $51,597. The figures in notes 3,5 and 6 are in simple dollar amounts.
^[4] Actual spending on domestic coinage was greater than planned because of higher-than-forecast demand for coinage and, in particular, for millennium coins. Costs for domestic coinage are more than offset by revenue earned by the Crown.
^[5] Total Authorities: $54,178.
^[6] Total Actuals: $452.

2000–01

Public Debt Program

(S)

Interest and Other Costs^[3]

41,999.6

42,094.0

42,094.0

Total Program

41,999.6

42,094.0

42,094.0

Federal-Provincial Transfers Program

15

Transfer Payments to the Territorial Governments^[4]

1,479.0

1,489.0

1,492.1

(S)

Statutory Subsidies

30.0

30.1

30.1

(S)

Fiscal Equalization

9,522.0

10,951.2

10,951.2

(S)

Canada Health and Social Transfer^[5]

13,500.0

13,500.0

13,500.0

(S)

Payment to the Canada Health and Social Transfer Supplement Trust for Health Care^[5]

–

2,500.0

2,500.0

(S)

Payment to a trust to provide funding to provinces for medical diagnostic and treatment equipment under the Canada Health Care, Early Childhood Development and Other Social Services Funding Act

–

1,000.0

1,000.0

(S)

Payment for the purpose of defining standards to ensure compatibility of health information networks under the Canada Health Care, Early Childhood Development and Other Social Services Funding Act

–

500.0

500.0

(S)

Youth Allowances Recovery

(543.0)

(548.6)

(548.6)

(S)

Alternative Payments for Standing Programs

(2,466.0)

(2,459.5)

(2,459.5)

Total Program

21,522.0

26,962.2

26,965.3

Total Department

64,873.2

72,555.9

70,259.8

^[1]Planned Spending is the amount included in the Department’s Report on Plans and Priorities for 2000–01 and indicates amounts planned at the beginning of the year.

^[2]Total Authorities are Main Estimates plus Supplementary Estimates and other authorities.

^[3]Total Authorities of $46,448,287,349 presented in Volume II (I) of the Public Accounts have been adjusted for comparative purposes to take into account the provision for valuation and other items. Actuals reported in this table are total departmental actual expenditures minus the provision for valuation and other items. See Table 3.9 in Volume I of the Public Accounts for more details.

^[4]Actuals exceeded Total Authorities in Vote 15 (Transfer Payments to the Territorial Governments) by $3.1 million as a result of an approved change in the method for calculating Territorial Formula Financing made during March 2001, after tabling of the Supplementary Estimates. ($3.1 million was recorded as a liability at the end of March 2001; payment will be made in 2001–02.)

^[5]Amounts shown are the cash contribution authorized by Part V of the Federal-Provincial Fiscal Arrangements Act. The following figures show the total federal contribution in respect of the Canada Health and Social Transfer (CHST), including the equalized tax point component of the transfer.

Cash Transfer $13.5 billion

Plus: CHST Supplement Trust 2000 (2000 budget) $2.5 billion

Plus: Medical Equipment Trust (September 11, 2000) $1.0 billion

Plus: Equalized Tax Transfer $16.0 billion

Total Cash and Tax Transfer (including Trusts) $33.0 billion

Policies and Advice

501

65.2

–

–

–

–

65.2

0.6

64.6

Total Authorities

561

54.6

–

–

–

–

54.6

0.3

54.3

Actuals

504

51.9

0.9

–

–

–

52.8

0.3

52.5

Int'l Financial Organizations

330.0

413.9

462.0

1,205.9

1,205.9

Total Authorities

345.0

556.7

708.2

1,609.9

1,609.9

Actuals

194.4

445.2

346.8

986.4

986.4

Domestic Coinage^[2]

48.0

48.0

48.0

Total Authorities

110.1

110.1

110.1

Actuals

110.1

110.1

110.1

Corporate Administration

246

39.6

–

–

39.6

6.5

33.1

Total Authorities

251

44.3

–

17.7

62.0

8.0

54.0

Actuals

261

35.6

6.3

17.6

59.5

8.0

51.5

Special Projects

–

–

–

Total Authorities^[3]

68.6

1,602.8

1,671.4

1,671.4

Actuals

–

–

–

Interest and Other Costs^[4]

41,835.0

41,835.0

41,835.0

Total Authorities

41,957.0

41,957.0

41,957.0

Actuals

41,957.0

41,957.0

41,957.0

Canada Investment & Savings

164.6

164.6

164.6

Total Authorities

137.0

137.0

137.0

Actuals

137.0

137.0

137.0

Federal-Provincial Transfer Payments (Cash Portion)

1,479.0

20,043.0

21,522.0

21,522.0

Total Authorities

1,489.0

25,473.2

26,962.2

26,962.2

Actuals

1,492.1

25,473.2

26,965.3

26,965.3

Total

747

104.8

–

1,809.0

62,504.5

462.0

64,880.3

7.1

64,873.2

Total Authorities

812

98.9

–

1,834.0

68,320.3

2,311.0

72,564.2

8.3

72,555.9

Actuals

765

87.5

7.2

1,686.5

68,140.1

346.8

70,268.1

8.3

70,259.8

Other Rev. & Expenditures

Non-Respendable Revenues**

(129.9)

Total Authorities

–

Actuals^[5]

(6,222.8)

Cost of Services Provided by Other Departments

9.4

Total Authorities

–

Actuals

10.4

Net Cost of the Program

64,752.7

Total Authorities

72,555.9

Actuals

64,047.4

Note: Numbers in regular font denote planned expenditures/revenues for 2000–01 at the beginning of the year.
Numbers in italics denote total authorities for 2000–01 (Main and Supplementary Estimates and other authorities).
Numbers in bold denote actual expenditures/revenues in 2000–01.
* Formerly "Revenues Credited to the Vote."
** Formerly "Revenues Credited to the General Government Revenues (GGR)."

^[1]"Operating" includes contributions to employee benefit plans and the Minister’s salary and car allowance.

^[2]Actual spending on domestic coinage was greater than planned because of higher-than-forecast demand for coinage and, in particular, for millennium coins. Costs for domestic coinage are more than offset by revenue earned by the Crown.

^[3]Total Authorities consist of $1,600.8 million for subscriptions to shares of Petro-Canada Limited, $68.6 million for payments to depositors pursuant to the Financial Institutions Depositors Compensation Act, and $2.0 million for payments to the Canadian Commercial Bank.

^[4]Total Authorities of $46,448,287,349 presented in Volume II (I) of the Public Accounts have been adjusted for comparative purposes to take into account the provision for valuation and other items. Actuals reported in this table are total departmental actual expenditures minus the provision for valuation and other items. See Table 3.9 in Volume I of the Public Accounts for more details.

^[5]Revenues consist of profits from the Bank of Canada, Exchange Fund and the IMF, as well as interest on short-term deposits, proceeds from sales of domestic coinage and other related revenue items.

Policies and Advice

47.0

46.8

64.6

54.3

52.5

International Financial Organizations

1,485.8

1,093.0

1,205.9

1,609.9

986.4

Domestic Coinage

59.7

105.9

48.0

110.1

110.1^[3]

Corporate Administration

28.5

33.6

33.1

36.3^[4]

33.9^[5]

Special Projects

2,565.8

0.0

0.0

1,671.4

0.0

Interest and Other Costs^[6]

44,694.3

41,506.1

41,835.0

41,957.0

41,957.0

Canada Investment and Savings

137.4

140.9

164.6

137.0

137.0

Federal-Provincial Transfer Payments (Cash Portion)

22,271.7

24,264.0

21,522.0

26,962.2

26,965.3

Total

71,290.1

67,190.3

64,873.2

72,538.2

70,242.2

Note: Due to rounding, figures may not add to totals shown.

^[1]Planned Spending is the amount included in the Department’s Report on Plans and Priorities for 2000–01 and indicates amounts planned at the beginning of the year.

^[2]Total Authorities are Main Estimates plus Supplementary Estimates and other authorities.

^[3]Actual spending on domestic coinage was greater than planned because of higher-than-forecast demand for coinage and, in particular, for millennium coins. Costs for domestic coinage are more than offset by revenue earned by the Crown.

^[4]To allow for ease of historical comparison, total authorities exclude an amount of $17.7 million for statutory items, primarily for refunds of amounts credited to revenues in previous years. Such statutory items were excluded from prior year calculations.

^[5]So that historical comparison is easier, actual Corporate Administration expenditures exclude an amount of $17.6 million for statutory items, primarily for refunds of amounts credited to revenues in previous years. Such statutory items were excluded from prior year calculations.

^[6]Total Authorities of $46,448,287,349 presented in Volume II (I) of the Public Accounts have been adjusted for comparative purposes to take into account the provision for valuation and other items. Actuals reported in this table are total departmental actual expenditures minus the provision for valuation and other items. See Table 3.9 in Volume I of the Public Accounts for more details.

Respendable Revenues *

Business Lines

Corporate Administration

5.7

5.8

6.5

8.0

8.0

Policies and Advice

0.6

0.4

0.6

0.3

0.3

Total Respendable Revenues

6.3

6.2

7.1

8.3

8.3

Non-Respendable Revenues **

Programs^[3]

Economic, Social and Financial Policies Program^[4]

4,169.0

4,737.4

129.9

–

6,216.6

Public Debt Program

5.0

4.6

–

–

6.2

Total Non-Respendable Revenues

4,174.0

4,742.0

129.9

–

6,222.8

Total Revenues

4,180.3

4,748.2

137.0

8.3

6,231.1

* Formerly "Revenues Credited to the Vote."

** Formerly "Revenues Credited to the General Government Revenues (GGR)."

^[1]Planned Spending is the amount included in the Department’s Report on Plans and Priorities for 2000–01 and indicates amounts planned at the beginning of the year.

^[2]Total Authorities are Main Estimates plus Supplementary Estimates and other authorities.

^[3]Non-respendable revenues are identified by program rather than by business line since most of these revenues are not attributable to specific business lines.

^[4]These figures include proceeds from the sale of domestic coinage and the net gain on exchange.

Budgetary

Policies and Advice^[3]

6.5

7.3

5.9

6.3

6.3

International Financial Organizations

365.8

349.4

413.9

556.7

445.2

Domestic Coinage^[4]

59.7

105.9

48.0

110.1

110.1

Corporate Administration^[5]

2.7

2.7

2.4

3.0^[6]

3.0^[7]

Special Projects

2,554.2

0.0

–

68.6

0.0

Interest and Other Costs^[8]

44,694.3

41,506.1

41,835.0

41,957.0

41,957.0

Canada Investment and Savings

137.4

140.9

164.6

137.0

137.0

Federal-Provincial Transfer Payments (Cash Portion)

20,906.9

22,862.3

20,043.0

25,473.2

25,473.2

Total Budgetary

68,727.5

64,974.6

62,512.8

68,311.9

68,131.8

Non-Budgetary

International Financial Organizations

656.2

133.8

462.0

505.9

144.5

Special Projects

–

–

–

1,602.8

–

Total Non-Budgetary

656.2

133.8

462.0

2,108.7

144.5

Total Statutory Payments

69,383.7

65,108.4

62,974.8

70,420.6

68,276.3

^[1]Planned Spending is the amount included in the Department’s Report on Plans and Priorities for 2000–01 and indicates amounts planned at the beginning of the year.

^[2]Total Authorities are Main Estimates plus Supplementary Estimates and other authorities.

^[3]Statutory payments are for contributions to Employee Benefit Plans.

^[4]Actual spending on domestic coinage was greater than planned because of higher-than-forecast demand for coinage and, in particular, for millennium coins. Costs for domestic coinage are more than offset by revenue earned by the Crown.

^[5]Statutory payments include contributions to Employee Benefit Plans and the Minister’s salary and car allowance.

^[6]To make historical comparison easier, total authorities exclude an amount of $17.7 million for statutory items, primarily for refunds of amounts credited to revenues in previous years. Such statutory items were excluded from prior year calculations.

^[7]To make historical comparison easier, actual Corporate Administration expenditures exclude an amount of $17.6 million for statutory items, primarily for refunds of amounts credited to revenues in previous years. Such statutory items were excluded from prior year calculations.

^[8]Total Authorities of $46,448,287,349 presented in Volume II (I) of the Public Accounts have been adjusted for comparative purposes to take into account the provision for valuation and other items. Actuals reported in this table are total departmental actual expenditures minus the provision for valuation and other items. See Table 3.9 in Volume I of the Public Accounts for more details.

Grants

International Financial Organizations

268.6

228.5

160.0

170.0

19.8

Federal-Provincial Transfer Payments (Cash Portion)

40.0

–

–

–

–

Total Grants

308.6

228.5

160.0

170.0

19.8

Contributions

International Financial Organizations

-

171.2

170.0

175.0

174.6

Total Contributions

-

171.2

170.0

175.0

174.6

Other Transfer Payments

International Financial Organizations

365.8

350.0

413.9

556.7

445.2

Special Projects

2,500.0

–

–

–

–

Federal-Provincial Transfer Payments (Cash Portion)

22,231.7

24,264.0

21,522.0

26,962.2

26,965.3

Total Other Transfer Payments

25,097.5

24,614.0

21,935.9

27,518.9

27,410.5

Total Transfer Payments^[3]

25,406.1

25,013.7

22,265.9

27,863.9

27,604.8

Note: Due to rounding, figures may not add to totals shown.

^[1]Planned Spending is the amount included in the Department’s Report on Plans and Priorities for 2000–01 and indicates amounts planned at the beginning of the year.

^[2]Total Authorities are Main Estimates plus Supplementary Estimates and other authorities.

^[3]In Table 2, Transfer Payments are split between column 4 (Grants, Contributions & Other Transfer Payments) and column 5 (Statutory Payments).

International Financial Organizations

195.2

209.6

462.0

708.2

346.8

Special Projects

11.7

–

–

1,602.8

–

Total

206.9

209.6

462.0

2,311.0

346.8

^[1]Planned Spending is the amount included in the Department’s Report on Plans and Priorities for 2000–01 and indicates amounts planned at the beginning of the year.

^[2]Total Authorities are Main Estimates plus Supplementary Estimates and other authorities.

Loans

8,993.3

8,670.3

9,262.5

Claims, Pending and Threatened Litigation

137.0

164.0

164.0

Total

9,130.3

8,834.3

9,426.5

Important Notices