2016-2017
Report on Plans and Priorities
Section 3

Section III: Supplementary Information

3.1 Future-Oriented Statement of Operations

The Future-Oriented Condensed Statement of Operations provides a general overview of Infrastructure Canada’s operations. The forecasting of financial information on expenses and revenues is prepared on an accrual accounting basis to strengthen accountability and to improve transparency and financial management.

Because the Future-Oriented Condensed Statement of Operations is prepared on an accrual accounting basis, and the forecasted and planned spending amounts presented in other sections of the Report on Plans and Priorities are prepared on an expenditure basis, amounts may differ.

A more detailed Future-Oriented Statement of Operationsxv and associated notes, including a reconciliation of the net costs of operations to the requested authorities, are available on Infrastructure Canada’s website.

Future-Oriented Condensed Statement of Operations
For the Year Ended March 31 2016
(Dollars)

Financial Information

2015-2016
Forecast Results

2016-2017
Planned Results

Difference
(2016-2017 Planned Results minus 2015-2016 Forecast Results)

Total expenses

3,390,192,000

3,310,715,000

(79,477,000)

Total revenues

0

0

0

Net cost of operations before government funding and transfers

3,390,192,000

3,310,715,000

(79,477,000)


3.2 List of Supplementary Information Tables

The following supplementary information tablesxvi are available on Infrastructure Canada’s website.

  • Details of Transfer Payment Programs of $5 Million or More
  • Horizontal Initiatives
  • Departmental Sustainable Development Strategy
  • Status Report on Transformational and Major Crown Projects
  • Upcoming Internal Audits and Evaluations over the Next Three Fiscal Years

3.3 Tax Expenditures and Evaluations Report

The tax system can be used to achieve public policy objectives through the application of special measures such as low tax rates, exemptions, deductions, deferrals and credits. The Department of Finance Canada publishes cost estimates and projections for these measures each year in the Tax Expenditures and Evaluationsxvii publication. The tax measures presented in the Tax Expenditures and Evaluations publication are the sole responsibility of the Minister of Finance.

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