TABLING OF THE 2010-11 SUPPLEMENTARY ESTIMATES (B)
OTTAWA, Nov. 4 /CNW/ - The Honourable Stockwell Day, President of the Treasury Board and Minister for the Asia-Pacific Gateway, today tabled the 2010-11 Su p plementary Estimates (B) in the House of Commons.
"With these supplementary estimates (B), the Government is on track to return to balanced budgets and to reduce the rate of growth of spending," said Minister Day.
Through the Supplementary Estimates (B), the Government is seeking Parliament's authority to spend $4.4 billion this fiscal year for items that were not completely developed or approved in time for inclusion in the 2010-11 Main Estimates. The amount sought was part of Budget 2010 and does not represent additional spending.
These supplementary estimates also reflect a decrease in forecast statutory spending in the amount of $2 billion.
"We remain focussed on keeping spending at levels that are consistent with our plan to return to balanced budgets," added Minister Day.
Please refer to the attached frequently asked questions for more details on the 2010-11 Supplementary Estimates (B). The Supplementary Estimates and related documents are posted on the Treasury Board of Canada Secretariat website (www.tbs-sct.gc.ca).
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This news release is available online at: www.tbs-sct.gc.ca.
FAQ
TABLING OF THE 2010-11 SUPPLEMENTARY ESTIMATES (B)
1. | What are the supplementary estimates? |
Supplementary estimates seek Parliament's approval for expenditures that were already planned for in the budget, but for which the necessary approval had not been obtained in time to be included in the Main Estimates or in supplementary estimates (A) approved earlier this fiscal year. | |
The Government typically tables supplementary estimates three times a year, in May/June, in November and toward the end of the fiscal year in March. | |
The supplementary estimates are also used to inform Parliament of changes in the estimated cost of programs that are authorized by legislation other than an appropriation act. | |
2. | Why is the Government tabling the Supplementary Estimates (B)? |
Supplementary estimates seek the funding required by departments and agencies to implement Government-approved programs. | |
Supplementary estimates are also required to transfer funds, approved in the Main Estimates, from one organization to another or within organizations, and from one appropriation to another. | |
The amount sought through supplementary estimates is within the spending level specified in Budget 2010. It does not represent an increase to the amounts in Budget 2010. | |
3. | What amounts are included in the 2010-11 Supplementary Estimates (B)? |
The 2010-11 Supplementary Estimates (B) document requests Parliament's approval of $4.4 billion in the appropriations of 73 organizations. This amount is within the spending levels specified in Budget 2010. | |
Table 1 provides an overview of these supplementary estimates. |
Table 1 - Total Supplementary Estimates (B) (in $millions) | |||
Budgetary |
Non-Budgetary |
Total |
|
Voted Appropriations | $4,359.7 | - | $4,359.7 |
Changes to forecast statutory spending | ($1,215.4) | ($809.4) | ($2,024.8) |
TOTAL |
$3,144.3 | ($809.4) | $2,334.9 |
4. | Is the funding requested in the Supplementary Estimates (B) in addition to the Main Estimates? |
Yes, the funding sought in these Supplementary Estimates is in addition to the appropriations (funding) included in the 2010-11 Main Estimates and Supplementary Estimates (A). However, together, these funding levels are within the spending plans set out by the Government in Budget 2010. | |
5. | What impact do these supplementary estimates have on departmental operating budgets? |
Approval of the amounts sought in these supplementary estimates will supplement departmental operating budgets by just over $2 billion. This amount is within the spending levels specified in Budget 2010. |
Definitions | |
Budgetary expenditures refer to the cost of servicing the public debt; operating and capital expenditures; transfer payments to other levels of government, organizations or individuals; and payments to Crown corporations. | |
Non-budgetary expenditures (for loans, investments and advances) are expenditures that result in changes in the composition of the financial assets of the Government of Canada. | |
Voted Appropriations are those for which parliamentary authority is sought through an Appropriation bill. | |
Statutory Expenditures are those authorized by Parliament through separate enabling legislation. |
For further information:
Jay Denney Director of Communications Office of the President of the Treasury Board and Minister for the Asia-Pacific Gateway 613-952-5051 |
Media Relations Treasury Board of Canada Secretariat 613-957-2640 |
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