This page has been archived.
Information identified as archived on the Web is for reference, research or recordkeeping purposes. It has not been altered or updated after the date of archiving. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats on the "Contact Us" page.
Over the reporting period, the Department of Finance Canada will work to implement its renewed Human Resources Plan. Through the Plan, the Department will strive to create a workplace that places the highest value on its most important resource—its employees. The objective is to attract and retain the most talented employees in the workforce and provide a challenging and stimulating work environment.
The Plan, updated in 2005–06 through extensive internal consultations and employee feedback, is based on three guiding principles:
The renewed Plan identifies actions in four priority areas: building a truly bilingual workplace, better supporting the career development of employees, fostering better communication and information and knowledge sharing, and continuing to support work-life balance.
The objective is to develop a departmental strategy for building a bilingual workplace. Planned actions include the following:
The objective is to further enhance and communicate a corporate strategy for developing employees. Key planned actions include the following:
The objective is to foster a culture of better communication and information and knowledge sharing. Key planned actions include the following:
The objective is to continue to encourage a supportive work environment in the Department. Key planned actions include the following:
As part of its commitment to implementing these actions, the Department has established performance indicators for each of the four priority areas. The indicators are drawn from a number of sources, including administrative data collected regularly by the Human Resources Division and periodic employee surveys. Senior management will report back to employees regularly on progress under each of the four areas.
The Department of Finance Canada has developed an Operational Human Resources Plan to identify its current and future staffing needs. The Plan will establish a basis for the recruitment of new employees and the development and retention of existing employees.
The Operational Plan was prepared in response to recent legislative changes intended to modernize staffing, support collaborative labour relations, clarify managerial roles, strengthen accountability, and provide employees at all levels with access to continuous learning opportunities. In particular, the modernization of the staffing process, as implemented through the new Public Service Employment Act, allows for greater flexibility and accountability for staffing decisions by:
The Operational Plan will help the Department meet its highly specialized workforce needs (e.g. experience relating to complex areas of law, economics, and finance) in a flexible and responsive manner. The Department will continue to use current recruitment practices for entry-level positions but seek to supplement those practices by recruiting qualified candidates, where required, from the private sector or other government departments or financial institutions.
In implementing the Plan, special consideration will be given to achieving equality in the workplace so that no person is denied employment opportunities or benefits for reasons unrelated to ability and to ensure that there is fair representation at all levels by women, Aboriginal peoples, persons with disabilities, and members of visible minority groups. Special measures will be taken to recruit, train, and promote persons belonging to these groups and to ensure that service is available in both official languages and that employees are free to work in the language of their choice in accordance with the current policies relating to official languages.
The Department has developed an integrated business planning and resource allocation framework to allow managers to better integrate elements of priority setting, work planning, results measurement, and resource allocation.
The main objective of business planning is to ensure that each branch is properly resourced to undertake the priorities of the Department. The focus is on identifying what the Department needs for its own management purposes. In addition, the completion and approval of business plans will ensure a common understanding of what the Department is striving to accomplish and where it is heading during the three-year planning period.
The first step in the implementation of the framework is the setting of departmental priorities by senior management. These priorities establish the foundation for the business plans of each branch. In preparing the business plans, managers:
In addition to being a key internal planning document, the framework enables the Department to better report on and demonstrate accountability for results and resources to Parliament and Canadians.
Annual Financial Report of the Government of Canada and Fiscal Reference Tables
Annual Report to Parliament on the Operations of the Exchange Fund Account
Canada Investment and Savings Annual Report (http://www.csb.gc.ca)
Canadian Federal Budget
Debt Management Report
Debt Management Strategy
Departmental Performance Report
Economic and Fiscal Update
Economy in Brief—Quarterly
Fiscal Monitor—Monthly
Government of Canada Securities—Quarterly
Tax Expenditures and Evaluations
Report on Operations under the Bretton Woods and Related Agreements Act
Report on Operations under the European Bank for Reconstruction and Development Agreement Act
Report on Plans and Priorities
Sustainable Development Strategy
Tax Expenditures and Evaluations
To obtain a print copy of any of these reports, contact the Distribution Centre:
Distribution Centre
300 Laurier Avenue West
Ottawa ON K1A 0G5
Tel.: 613-995-2855
These reports can also be accessed from the Department of Finance Canada's website: http://www.fin.gc.ca.
A
Acts of Parliament and Bills
Act to Amend Certain Acts in Relation to Financial Institutions 31
Air Travellers Security Charge Act 69
Auditor General Act 73
Bill C-57 Regulations 36, 69
Bretton Woods and Related Agreements Act 79
Canada-Newfoundland Atlantic Accord Implementation Act 54
Canada Pension Plan Investment Board Regulations 70
European Bank for Reconstruction and Development Agreement Act 79
Excise Tax Act 69
Federal Accountability Act 1, 24
Federal-Provincial Fiscal Arrangements Act 63, 64, 70, 71
Federal-Provincial Fiscal Revision Act, 1964 63
Financial Administration Act 29, 63
Income Tax Act 69
Pension Benefits Standards Act, 1985 36, 69, 70
Proceeds of Crime (Money Laundering) and Terrorist Financing Act 33, 35, 70
Public Service Employment Act 77
Air Travellers' Security Charge 20
Alternative Payments for Standing Programs 54, 63, 71
Anti-money laundering and anti-terrorist financing 7, 16, 32, 33, 35, 36
B
Bill C-57 Regulations 36, 69
Bretton Woods and Related Agreements Act 79
Budget Plan 20, 23, 25
C
Canada Health Transfer 14, 54, 61, 63, 64, 71
Canada Investment and Savings 49, 51, 79
Canada-Newfoundland Atlantic Accord Implementation Act 54
Canada Pension Plan 6, 24, 31, 32, 35, 36, 70
Canada Pension Plan Investment Board 32, 35, 36, 70
Canada Pension Plan Investment Board Regulations 70
Canada Social Transfer 14, 54, 63, 64, 71
Child Care 1, 14, 43
Communities 1, 14, 37, 39
D
Debt management 28, 34, 49, 51, 79
Domestic coinage 9, 13, 17, 30, 34, 52, 53, 59, 60, 61, 62, 63, 64, 67, 68
E
Economic and Fiscal Policy 8, 12, 13, 15, 16, 17, 23, 59, 60, 62, 67, 68
Economic and Fiscal Update 24, 25, 79
Economic Development and Corporate Finance 8, 13, 14, 37, 60, 62, 67, 68
Education 1, 6, 14, 15, 18, 38, 41, 43, 44, 55, 56
Effective international presence 7, 15, 16, 17, 26, 32, 46, 57
Environment 5, 18, 25, 38, 39, 40, 73
Equalization and Territorial Formula Financing 6, 15, 41, 42, 43, 44, 55, 60, 61, 64
European Bank for Reconstruction and Development 10, 46, 57, 64, 66, 79
European Bank for Reconstruction and Development Agreement Act 79
Excise tax 3, 4, 5, 12, 13, 15, 18, 19, 22, 69
Excise Tax Act 69
F
Federal Accountability Act 1, 24
Federal-Provincial Fiscal Arrangements Act 63, 64, 70, 71
Federal-Provincial Fiscal Revision Act, 1964 63
Federal-Provincial Relations and Social Policy 8, 15, 17, 41, 43, 54, 60, 61, 62, 67, 68
Financial Action Task Force on Money Laundering 10, 16, 32, 33, 35, 36, 64, 70
Financial Administration Act 29, 63
Financial Services Sector 28, 30
Financial Sector Assessment Program 30
Financial Sector Policy 8, 12, 13, 15, 16, 17, 28, 49, 52, 59, 60, 62, 67, 68
First Nations 19, 21
G
G7 10, 11, 27, 45, 46, 47, 59
G8 10, 11, 45, 46, 61
G20 10, 11, 45, 46, 47
Goods and Services Tax 1, 19, 20, 21, 69
Gross Domestic Product 24, 27
H
Harmonized Sales Tax 20, 69
Health care 1, 6, 14, 15, 18, 41, 55, 56, 64
Human Resources Plan 75, 77
I
Income Tax Act 69
Integrated Planning and Resource Allocation Framework 78
International Development Association 57, 63, 64, 66, 71
International financial institutions 8, 9, 45, 46, 48
International financial organizations 9, 16, 17, 57, 59, 60, 61, 62, 66, 68
International Monetary Fund 10, 11, 27, 30, 31, 36, 40, 47,57,61, 63, 64, 66
International Trade and Finance 8, 14, 16, 17, 45, 57, 59, 60, 62, 67, 68
O
Organisation for Economic Co-operation and Development 10, 26
P
Pension Benefits Standards Act, 1985 36, 69, 70
Personal income tax 19, 21, 64
Proceeds of Crime (Money Laundering) and Terrorist Financing Act 33, 35, 70
Public debt 9, 10, 12, 13, 17, 28, 29, 49, 59, 60, 62, 63, 64,68
Public Service Employment Act 77
R
Reciprocal Taxation Agreements 19, 20
Research and development 18, 38
Retail Debt Program 4, 13, 49, 51
Royal Canadian Mint 30, 52
S
Security 1, 8, 18, 19, 20, 31, 36, 38, 43, 46, 69
Sound Fiscal Management 3, 4, 12, 17, 18, 23, 28, 38, 49, 52
Sound Social Policy Framework 5, 6, 14, 15, 17, 18, 31, 41, 54
Statutory subsidies 54, 63, 71
Sustainable development strategy 39, 73, 79
Sustainable Economic Growth 4, 5, 13, 17, 18, 24, 30, 38, 45
T
Tariff 1, 8, 9, 43, 45, 46, 69
Tax collection agreements 18, 20
Tax Policy 8, 12, 13, 15, 17, 18, 19, 20, 21, 22, 59, 60, 62, 67, 68
Transfer Payments to Provinces and Territories 9, 15, 17, 54, 60, 61, 62, 71
W
World Bank 10, 11, 46
World Trade Organization 10
Y
Youth Allowances Recovery 54, 63, 64, 71