Section III: Supplementary Information
Financial Statements Highlights
|Difference (2014–15 actual minus 2014–15 planned)||Difference (2014–15 actual minus 2013–14 actual)|
|Net cost of operations before government funding and transfers||31,081,000||31,498,240||32,032,967||417,240||(534,727)|
|Total net liabilities||5,883,491||4,327,443||1,556,048|
|Total net financial assets||5,207,850||3,617,381||1,590,469|
|Departmental net debt||675,641||710,062||(34,421)|
|Total non-financial assets||526,492||609,223||(82,731)|
|Departmental net financial position||(149,149)||(100,839)||(48,310)|
For financial statements, please visit SWC’s websiteEndnote iv.
Supplementary Information Tables
The supplementary information tables listed in the 2014–15 Departmental Performance Report are available on SWC’s websiteEndnote v.
- Departmental Sustainable Development Strategy
- Details on Transfer Payment Programs of $5 Million or More
- Internal Audits and Evaluations
- Response to Parliamentary Committees and External Audits
- User Fees, Regulatory Charges and External Fees
Tax Expenditures and Evaluations
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 annually in the Tax Expenditures and EvaluationsEndnote vi publication. The tax measures presented in the Tax Expenditures and Evaluations publication are the responsibility of the Minister of Finance.
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