Finance
How Finance spent its budget in fiscal year 2020-21, shown as net expenditures by standard object from Public Accounts Volume II.
Department Spending
In FY 2020-21,
$118.06B
was spent by Finance
In FY 2020-21,
18.3%
of federal spending was by Finance
How did Finance spend its budget in 2020-21?
Spending by entity, FY 2020-21
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
$117.66B
$199.6M
$100.1M
$61.7M
$35M
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) | $41,880,173,684 |
| Other transfer payments | Fiscal Equalization (Part I—Federal-Provincial Fiscal Arrangements Act) | $20,572,844,000 |
| Other transfer payments | Canada Social Transfer (Part V.1—Federal-Provincial Fiscal Arrangements Act) | $15,023,242,000 |
| Other transfer payments | Safe Restart Agreement | $12,276,726,000 |
| Other transfer payments | Territorial Financing (Part I.1 - Federal-Provincial Fiscal Arrangements Act) | $4,180,225,221 |
| Other transfer payments | Essential Workers Support Fund | $2,538,999,989 |
| Other transfer payments | Payment to the Province of Alberta to clean up inactive oil and gas wells | $1,000,000,000 |
| Other transfer payments | Safe Return to Class Fund | $1,000,000,000 |
| Other transfer payments | Safe Return to Class Fund | $1,000,000,000 |
| Other transfer payments | Safe Restart Agreement | $700,000,000 |
| Other transfer payments | Payments to clean up orphan and inactive oil and gas wells | $520,000,000 |
| Other transfer payments | Payments to International Development Association (Bretton Woods and Related Agreements Act) | $423,240,000 |
| Other transfer payments | Essential Workers Support Fund | $345,208,780 |
| Other transfer payments | Payment to the Province of Newfoundland and Labrador to support offshore energy sector workers | $320,000,000 |
| Other transfer payments | 2020 Hibernia Dividend Backed Annuity Agreement Payment | $102,414,655 |
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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.
