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Department of Finance Canada

What Department of Finance Canada spent in fiscal year 2008-09: its net expenditure by standard object, from the Public Accounts of Canada, Volume II.

What Department of Finance Canada does

The Department of Finance (Finance Canada) is a central federal department responsible for overseeing the nation's economic and fiscal policies, ensuring financial stability, and managing the government's fiscal framework. Established in 1867 as one of the original departments following Confederation, it advises the Prime Minister and Cabinet on economic matters, develops tax and tariff policies, and prepares the annual federal budget.

Spending, 2008-09

Net spending, 2008-09

$78.5B

spent by Department of Finance Canada, less revenues it kept

Share, 2008-09

37.8%

of the net spending of every federal organization

How did Department of Finance Canada spend its budget in 2008-09?

By standard object. Revenues it kept are negative and netted against its spending.

Spending by standard object, 2008-09

Transfer payments

Public debt charges

Utilities, materials and supplies

Other subsidies and payments

Personnel

Professional and special services

Information

Transportation and communications

Acquisition of machinery and equipment

Rentals

Repair and maintenance

External revenues

$48.2B

$29.9B

$128M

$123M

$86.7M

$13.3M

$12.8M

$5.4M

$3.1M

$654K

$322K

-$13K

Total: $78.5B.

Workforce, 2008-09

Personnel spending

$86.7M

salaries, wages and benefits (the personnel standard object)

A full-time equivalent is a measure of employment, not a headcount: two half-time employees are one FTE. Personnel spending includes benefits and pension contributions, so per FTE it is not an average salary.

Contracts of $10,000 and under

Contracts this small are not published one by one: Treasury Board publishes each organization's totals, by calendar year, for contracts of $10,000 and under (their original value and their amendments) and for acquisition card purchases. They are the value of contracts entered into, not what was paid in a fiscal year, so they are not part of the net expenditure above, and the years are calendar years.

Calendar yearGoodsServicesConstructionAcquisition cardsTotal
2025$22,976$182,918$0$819,517$1,025,411
2024$81,769$119,621$0$1,125,980$1,327,370
2023$37,435$200,241$0$1,402,370$1,640,045
2022$97,970$174,351$0$1,158,374$1,430,695
2021$89,967$257,535$0$792,903$1,140,404
2020$162,287$361,939$0$783,477$1,307,703
2019$138,348$317,347$0$1,179,825$1,635,520
2018$161,931$432,749$0$1,407,913$2,002,593
2017$226,292$385,288$0$1,196,935$1,808,515

Department of Finance Canada’s share of federal net spending

Sources

Department figures are net expenditure (Public Accounts, Volume II), which doesn’t add up to the accrual expenses of the overview’s headline. See the methodology.

Department of Finance Canada: spending, 2008-09 | Canada Spends