Canada: Report on the Observance of Standards and Codes

Canada: Report on the Observance of Standards and Codes—Fiscal Transparency Module

March 12, 2002

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Format: Chicago

Canada: Report on the Observance of Standards and Codes—Fiscal Transparency Module, (USA: International Monetary Fund, 2002) accessed November 27, 2024

Summary

This report evaluates the Observance of Standards and Codes on the Fiscal Transparency Module for Canada. Fiscal management in Canada meets the requirements of the fiscal transparency code and in a number of instances represents best practice. Recent reforms by federal and provincial governments continue to improve transparency. The federal government has been particularly innovative in the use of private sector economic forecasts, prudence factors, and a contingency reserve in its fiscal forecasts. Canada also deserves high marks for statistical integrity, impartial tax administration, open procurement, and a transparent regulatory process.

Subject: Budget planning and preparation, Expenditure, Financial statements, Fiscal accounting and reporting, Labor, Public employment, Public financial management (PFM)

Keywords: Audit authority, Budget, Budget planning and preparation, CR, Federal budget, Federal government, Financial asset, Financial statements, Fiscal accounting and reporting, Government, Government equity holding, Government holding, Government regulation, ISCR, Member government, Policy review, Public employment

Publication Details

Pages:

20
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/051
Stock No:

1CANEA0022002
ISBN:

9781451806946
ISSN:

1934-7685

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