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The 2009 initial funding, the 2010 initiation, the 2016 implementation, and ongoing operation of what would become the Phoenix pay system, was overseen by a series of the Department of Public Services and Procurement Canada Ministers, spanning the tenure of former-Prime Minister Harper (February 6, 2006 – November 4, 2015) and Prime Minister Justin Trudeau (2015–).
A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed.
The Treasury Board of Canada Secretariat (TBS; French: Secrétariat du Conseil du Trésor du Canada, SCT) is the administrative branch of the Treasury Board of Canada (the committee of ministers responsible for the financial management of the federal government) and a central agency of the Government of Canada. The role of the Secretariat is to ...
The pound (symbol £) was the currency of the Canadas until 1858. It was subdivided into 20 shillings (s), each of 12 pence (d). In Lower Canada, the sou was used, equivalent to a halfpenny. Although the £sd accounting system had its origins in sterling, the Canadian pound was never at par with sterling's pound.
The Treasury Board of Canada (French: Conseil du Trésor du Canada) is the Cabinet committee of the Privy Council of Canada which oversees the spending and operation of the Government of Canada and is the principal employer of the core public service. [1]
Generally Accepted Accounting Principles (GAAP) [a] of Canada provided the framework of broad guidelines, conventions, rules and procedures of accounting.In early 2006, the AcSB decided to completely converge Canadian GAAP with international GAAP, i.e. International Financial Reporting Standards (IFRS), as set by the International Accounting Standards Board (IASB), for most entities that must ...
The Department of Finance Canada (French: Ministère des Finances Canada) is a central agency of the Government of Canada. The department assists the minister of finance in developing the government's fiscal framework and advises the government on economic and financial issues.
Provincial debt measurement: Public accounts vs. national accounts measures of debt The Canadian Department of Finance provides measures of federal and provincial debt on a public accounts basis, using reports from individual governments. [36] An advantage of public accounts numbers is that they can provide detail on government expenditures.