Finance
How Finance spent its budget in fiscal year 2019-20, shown as net expenditures by standard object from Public Accounts Volume II.
Department Spending
In FY 2019-20,
$99.21B
was spent by Finance
In FY 2019-20,
26.6%
of federal spending was by Finance
How did Finance spend its budget in 2019-20?
Spending by entity, FY 2019-20
Department of Finance
Office of the Superintendent of Financial Institutions
Office of the Auditor General
Financial Transactions and Reports Analysis Centre of Canada
Financial Consumer Agency of Canada
$98.84B
$193.6M
$87.7M
$55.3M
$30.3M
Finance’s share of federal spending
Percentage of federal spending, 1995–2025
Line items
Every transfer-payment (grant and contribution) program, in dollars. These are the named programs behind the transfer-payments object in the chart above. Search, sort, and download the full table.
| Category | Description | Amount ▼ |
|---|---|---|
| Other transfer payments | Canada Health Transfer (Part V.1—Federal-Provincial Fiscal Arrangements Act) | $40,371,762,839 |
| Other transfer payments | Fiscal Equalization (Part I—Federal-Provincial Fiscal Arrangements Act) | $19,837,259,000 |
| Other transfer payments | Canada Social Transfer (Part V.1—Federal-Provincial Fiscal Arrangements Act) | $14,585,672,000 |
| Other transfer payments | Territorial Financing (Part I.1—Federal-Provincial Fiscal Arrangements Act) | $3,948,402,899 |
| Other transfer payments | Payments related to Canada Health Transfer | $500,000,000 |
| Other transfer payments | Payments to International Development Association (Bretton Woods and Related Agreements Act) | $441,620,000 |
| Other transfer payments | Fiscal Stabilization | $271,733,098 |
| Other transfer payments | Debt payments on behalf of poor countries to International Organizations pursuant to section 18(1) of the Economic Recovery Act | $48,080,000 |
| Other transfer payments | Statutory Subsidies (Constitution Acts, 1867–1982, and Other Statutory Authorities) | $42,643,709 |
| Other transfer payments | Additional Fiscal Equalization Offset Payment to Nova Scotia (Nova Scotia and Newfoundland and Labrador Additional Fiscal Equalization Offshore Payments Act) | $8,227,000 |
| Other transfer payments | Remission granted under the Financial Administration Act 24(1) | $3,066,900 |
| Contributions | Capacity Funding for Tsimshian First Nations | $1,100,000 |
| Contributions | Research and Policy Initiatives Assistance | $0 |
| Other transfer payments | Additional Fiscal Equalization Payment to Nova Scotia (Part I—Federal-Provincial Fiscal Arrangements Act) | $0 |
| Other transfer payments | Alternative Payments for Standing Programs (Part VI—Federal-Provincial Fiscal Arrangements Act) | $0 |
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Finance figures are net expenditures by standard object from Public Accounts Volume II, and will not match the Volume I consolidated headline totals. See the methodology for details.
