Program directory · Financial Transactions and Reports Analysis Centre of Canada
Strategic Intelligence, Research and Analytics
- Program code
- BUX02 (FTRAC)
- Core responsibility
- Production and Dissemination of Financial Intelligence
- In Departmental Plans
- 2018-19 – 2025-26 · Appeared and later dropped
What it does
The Financial Transactions and Reports Analysis Centre of Canada’s strategic financial intelligence program provides a wide analytic perspective on the nature, scope and threat posed by money laundering and terrorism financing. Produced for the Canadian security and intelligence community, federal policy and decision-makers, reporting entities across the country, international partners and other stakeholders, the Financial Transactions and Reports Analysis Centre of Canada’s strategic financial intelligence is focused on strengthening Canada’s ability to prevent, detect, deter and disrupt the methods and techniques used by criminals to launder money or fund terrorist activities.
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 |
|---|---|---|---|
| Strategic Intelligence, Research and Analytics | This program | 2018-19 – 2027-28 | $9.7M |
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 added: Percentage of Regime partners utilizing FINTRAC products to inform activities | Departmental Results Framework (GC InfoBase) |
| 2020-21 | Indicators dropped: Number of strategic financial intelligence products recognised by recipients for making a significant contribution to their understanding of money laundering and terrorism financing issues, trends and risks | Departmental Results Framework (GC InfoBase) |
| 2020-21 | Renamed from “Strategic Intelligence and Research” to “Strategic Intelligence, Research and Analytics”. | GC InfoBase program names by year |
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 |
|---|---|---|---|---|
| 2020-21 | — | 2021 | 70% At the beginning of this fiscal a target of 70% was established and has been met. | Met |
| 2021-22 | — | 2022 | 72% A target has not been set as this is the first year of implementation. A target of 70% has been set for the 2022-23 fiscal year. | No result reported |
| 2022-23 | ≥ 70% | 2023 | 75% | Met |
| 2023-24 | ≥ 70% | 2024 | 86% | Met |
| 2024-25 | ≥ 70% | 2025 | 100% | Met |
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2018-19 | ≥ 5 | 2019 | 8 | Met |
| 2019-20 | ≥ 5 | 2020 | 6 | Met |
Current: the 2026-27 plan's targets
No indicators in the 2026-27 plan.
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 | $1.4M | $1.6M |
| 2019-20 | $1.5M | $1.5M |
| 2020-21 | $1.6M | $1.2M |
| 2021-22 | $2.2M | $1.5M |
| 2022-23 | $2.3M | $1.9M |
| 2023-24 | $3.5M | $1.9M |
| 2024-25 | $5.2M | $101K |
| 2025-26 | $3.3M | — |
| 2026-27 | $3.5M* | — |
| 2027-28 | $3.3M* | — |
Employees (FTEs)
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2018-19 | 11 | 12 |
| 2019-20 | 10 | 10 |
| 2020-21 | 10 | 8 |
| 2021-22 | 11 | 11 |
| 2022-23 | 13 | 12 |
| 2023-24 | 18 | 11 |
| 2024-25 | 24 | 0 |
| 2025-26 | 18 | — |
| 2026-27 | 18* | — |
| 2027-28 | 19* | — |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2018-19 plan | $1,439,559 | $1,473,608 | $1,473,608 | |||||||
| 2019-20 plan | $1,454,354 | $1,487,320 | $1,492,575 | |||||||
| 2020-21 plan | $1,571,182 | $1,719,987 | $1,684,867 | |||||||
| 2021-22 plan | $2,218,942 | $2,480,856 | $2,498,047 | |||||||
| 2022-23 plan | $2,330,540 | $2,245,622 | $2,772,051 | |||||||
| 2023-24 plan | $3,482,695 | $3,890,816 | $3,845,616 | |||||||
| 2024-25 plan | $5,188,187 | $3,648,131 | $3,607,518 | |||||||
| 2025-26 plan | $3,348,436 | $3,495,736 | $3,256,945 | |||||||
| Actual | $1,579,207 | $1,514,489 | $1,191,533 | $1,529,027 | $1,850,856 | $1,946,038 | $101,481 |
Actual spending is from Departmental Results Reports and the Public Accounts, as published in GC InfoBase. FTEs are full-time equivalents.
