Program directory · Financial Transactions and Reports Analysis Centre of Canada
Financial Intelligence Program
- Program code
- BUX01 (FTRAC)
- Core responsibility
- Production and Dissemination of Financial Intelligence
- In Departmental Plans
- 2018-19 – 2026-27 · New since an earlier plan
What it does
The Financial Intelligence Program strives to mitigate the risk posed by criminals and terrorist groups that seek to abuse Canada’s financial system. The Program produces financial intelligence to support the investigation or prosecution of money laundering, terrorist activity financing, sanctions evasion and threats to the security of Canada by analyzing financial transactions reported to the Centre and other information it is authorized to collect under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. Its strategic intelligence and international relationships further strengthen Canada’s ability to prevent, detect, deter and disrupt money laundering and terrorist activity methods and techniques.
Source: the department's Program Inventory, via GC InfoBase.
History and lineage
First appears in GC InfoBase's actual spending by program in 2018-19. The data does not record when a program was created; it may be older than its first appearance here, which is limited by the sources (program spending starts in 2010-11, Departmental Plans in 2018-19).
| Program | Relation | Years with data | Actual spending over those years |
|---|---|---|---|
| Financial Intelligence Program | This program | 2018-19 – 2028-29 | $150M |
No earlier or later program in the same department has a similar name.
Significant changes in scope and budget
Detected from the data: renames between plans, programs it appears to replace, merge with or split into (matched by name), year-over-year changes in spending of at least 25% and $5M, or in employees of at least 20% and 25 FTEs, linked budget measures, and results indicators added or dropped.
| Year | What changed | Source |
|---|---|---|
| 2020-21 | Indicators dropped: Number of police, law enforcement, national security and other partner agency major and project-level investigations supported by FINTRAC financial intelligence disclosures; Percentage of feedback from proactive disclosure recipients that indicates that the independent analysis provided by FINTRAC was actionable; Percentage of FINTRAC’s financial intelligence disclosures that align with partner investigative priorities | Departmental Results Framework (GC InfoBase) |
| 2024-25 | Employees (FTEs) 193, against 123 in 2023-24 (+57%). | FTEs (GC InfoBase) |
| 2024-25 | Spending $41.8M, against $23.1M in 2023-24 (+81%). | Actual spending (GC InfoBase) |
| 2025-26 | Planned spending $29.8M, against $41.8M in 2024-25 (−29%). | Latest Departmental Plan |
Success criteria
The program's indicators from its department's Departmental Results Framework: the target set in each year's plan, and the result reported the following year. Source: GC InfoBase.
Historical: targets against results
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2018-19 | ≥ 85% | 2019 | 90% | Met |
| 2019-20 | ≥ 85% | 2020 | 97% | Met |
| 2020-21 | ≥ 85% | 2021 | 96% | Met |
| 2021-22 | ≥ 85% | 2022 | 96% | Met |
| 2022-23 | ≥ 85% | 2023 | 96% | Met |
| 2023-24 | ≥ 85% | 2024 | 97% | Met |
| 2024-25 | ≥ 85% | 2025 | 96% | Met |
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2018-19 | ≥ 100 | 2019 | 296 | Met |
| 2019-20 | ≥ 100 | 2020 | 393 | Met |
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2018-19 | ≥ 75% | 2019 | 84% | Met |
| 2019-20 | ≥ 75% | 2020 | 90% | Met |
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2018-19 | ≥ 85% | 2019 | 100% | Met |
| 2019-20 | ≥ 85% | 2020 | 100% | Met |
Current: the 2026-27 plan's targets
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2026-27 | ≥ 85% | 2027 | — | Planned |
Future goals: targets due after 2026-27
No targets with a later due date.
Spending and employees: planned against actual
Spending
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2018-19 | $15.4M | $14.3M |
| 2019-20 | $14.8M | $14.3M |
| 2020-21 | $16M | $16.2M |
| 2021-22 | $19.3M | $19M |
| 2022-23 | $18.3M | $21M |
| 2023-24 | $21.6M | $23.1M |
| 2024-25 | $39.9M | $41.8M |
| 2025-26 | $29.8M | — |
| 2026-27 | $35.9M | — |
| 2027-28 | $29.5M* | — |
| 2028-29 | $28M* | — |
Employees (FTEs)
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2018-19 | 98 | 99 |
| 2019-20 | 99 | 92 |
| 2020-21 | 98 | 103 |
| 2021-22 | 105 | 120 |
| 2022-23 | 120 | 125 |
| 2023-24 | 136 | 123 |
| 2024-25 | 213 | 193 |
| 2025-26 | 160 | — |
| 2026-27 | 156 | — |
| 2027-28 | 146* | — |
| 2028-29 | 137* | — |
Planned spending, plan by plan
Each row is one year's Departmental Plan and its forecast for the next three fiscal years; read a column down to see how the forecast for one year changed. The last row is what was actually spent. Click an amount for its source. Biggest changes in federal spending plans
| Plan | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018-19 plan | $15,440,241 | $12,426,969 | $12,426,969 | ||||||||
| 2019-20 plan | $14,838,339 | $13,886,114 | $13,930,432 | ||||||||
| 2020-21 plan | $16,047,600 | $14,504,687 | $14,208,513 | ||||||||
| 2021-22 plan | $19,335,284 | $21,369,089 | $21,514,070 | ||||||||
| 2022-23 plan | $18,331,592 | $18,553,287 | $22,238,629 | ||||||||
| 2023-24 plan | $21,619,540 | $24,375,459 | $24,481,362 | ||||||||
| 2024-25 plan | $39,935,682 | $28,081,218 | $27,768,597 | ||||||||
| 2025-26 plan | $29,831,589 | $30,762,473 | $28,661,116 | ||||||||
| 2026-27 plan | $35,947,874 | $29,507,575 | $28,016,091 | ||||||||
| Actual | $14,338,980 | $14,250,549 | $16,181,504 | $19,029,390 | $21,026,896 | $23,091,421 | $41,847,244 |
Actual spending is from Departmental Results Reports and the Public Accounts, as published in GC InfoBase. FTEs are full-time equivalents.
