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The Canada Revenue Agency (CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes , administers tax law and policy , and delivers benefit programs and tax credits. [ 4 ]
An organization that specializes in debt collection is known as a collection agency or debt collector. [1] Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed. [ 2 ]
Until 2012, the PPSC was also responsible for collections of fines levied by courts through its successful prosecutions. The in-house collections team was scheduled to be eliminated in favour of an external collection agency. At the time of elimination, approximately $129 million (CAD) was outstanding in debt, across approximately 8,000 debtees.
NCO Group, Inc., based in Horsham, Pennsylvania, United States, [2] is a business process outsourcing company and collection agency that provides accounts receivable management, customer relationship management and back office solutions [buzzword] for its clients.
PRA Group, Inc. is a publicly-traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries. [2] [3]
Moreover, the agency oversees Artefacts Canada, a national inventory of museum collections that provides access to several million records and images from Canadian museums. It used by national and international heritage professionals—as well as by the public—to research Canadian cultural collections. [ 6 ]
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