Receiver General for Canada
Encyclopedia
The Receiver General for Canada (French: Receveur général du Canada) is responsible for making payments to the Government of Canada
each fiscal year, accepting payments from financial institution
s and preparing the Public Accounts of Canada, containing annual audit
ed financial statements
of the Government of Canada. The Receiver General deposits and withdraws funds from the Consolidated Revenue Fund of Canada
.
The Minister of Public Works and Government Services is the Receiver General for Canada. The Department of Public Works and Government Services Act, 1996 states: "In the Minister's capacity as Receiver General, the Minister shall exercise all the powers and perform all the duties and functions assigned to the Receiver General by law." The current minister is the Honourable Rona Ambrose
, PC, MP, Minister of Public Works and Government Services and Minister responsible for the Status of Women.
The position of Receiver General
existed in the United Kingdom
and in various Commonwealth
countries, and still exists in the Massachusetts
.
Government of Canada
The Government of Canada, formally Her Majesty's Government, is the system whereby the federation of Canada is administered by a common authority; in Canadian English, the term can mean either the collective set of institutions or specifically the Queen-in-Council...
each fiscal year, accepting payments from financial institution
Financial institution
In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries...
s and preparing the Public Accounts of Canada, containing annual audit
Audit
The general definition of an audit is an evaluation of a person, organization, system, process, enterprise, project or product. The term most commonly refers to audits in accounting, but similar concepts also exist in project management, quality management, and energy conservation.- Accounting...
ed financial statements
Financial statements
A financial statement is a formal record of the financial activities of a business, person, or other entity. In British English—including United Kingdom company law—a financial statement is often referred to as an account, although the term financial statement is also used, particularly by...
of the Government of Canada. The Receiver General deposits and withdraws funds from the Consolidated Revenue Fund of Canada
Consolidated Revenue Fund of Canada
The Consolidated Revenue Fund of Canada is the account into which taxes and revenue are deposited, and from which funds are withdrawn in order to defray the costs of public services...
.
The Minister of Public Works and Government Services is the Receiver General for Canada. The Department of Public Works and Government Services Act, 1996 states: "In the Minister's capacity as Receiver General, the Minister shall exercise all the powers and perform all the duties and functions assigned to the Receiver General by law." The current minister is the Honourable Rona Ambrose
Rona Ambrose
Ronalee "Rona" Ambrose, PC, MP is the Minister of Public Works and Government Services for Canada, Vice-Chair of the Treasury Board Cabinet committee, Minister of State for Status of Women Canada and Minister of Western Economic Diversification.In the previous Parliament, she was Canada's Minister...
, PC, MP, Minister of Public Works and Government Services and Minister responsible for the Status of Women.
The position of Receiver General
Receiver General
A Receiver General is an officer responsible for accepting payments on behalf of a government, and for making payments to a government on behalf of other parties. Receiver General is an alternative title for a Treasurer.-See also:...
existed in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
and in various Commonwealth
Commonwealth of Nations
The Commonwealth of Nations, normally referred to as the Commonwealth and formerly known as the British Commonwealth, is an intergovernmental organisation of fifty-four independent member states...
countries, and still exists in the Massachusetts
Massachusetts
The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...
.