Briefing Books: Finance

For fiscal 2007, the Department of Finance will seek Parliament’s approval to spend $73.7–billion. (p455).

Here are the big ticket items in that request:

  • Interest and service costs related to the public debt plus funding for Canada Investment and Savings will be $34.4–billion.*
  • Health Canada transfer costs $20.1–billion
  • Fiscal Equalization costs $11.3–billion.
  • Canada Social Transfer – $8.5–billion

The actual operating costs of the department will likely come in somewhere around $93–million.

[This is a note from a briefing book]


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