Section III: Supplementary Information
Future-Oriented Condensed Statement of Operations
The Future-Oriented Condensed Statement of Operations provides a general overview of SWC’s operations. The forecast 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 forecast 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 Operations and associated notes, including a reconciliation of the net cost of operations to the requested authorities, are available on the SWC’s website.Footnote iv
(2016–17 Planned Results minus 2015–16 Forecast Results)
|Net cost of operations before Government funding and transfers||31,751,000||33,241,000||1,490,000|
Supplementary Information Tables
The supplementary information tables listed in the 2016–17 Report on Plans and Priorities are available on SWC’s website.Footnote v
- Departmental Sustainable Development Strategy
- Details on Transfer Payment Programs of $5 Million or More
- Upcoming Internal Audits and Evaluations Over the Next Three Fiscal Years
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 each year in the Tax Expenditures and EvaluationsFootnote vi publication. The tax measures presented in that publication are the responsibility of the Minister of Finance.
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