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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 institutions and preparing the Public Accounts of Canada, containing annual audited financial statements of the Government of Canada.
The Third Charge, established by Section 105 of the Act, is the payment of the salary of the Governor General of Canada from the Consolidated Revenue Fund; by convention, this charge takes precedence over all others from the fund, even today. The current salary of the Governor General beginning on January 1, 2013 is $270,602 per annum. [1]
The Act establishes the responsibility of the Receiver General for Canada as the sole recipient of Canadian public moneys, its responsibility to record keep, and its ability to contract agents with a legal obligation to remit collected funds to the Receiver General. The Act also establishes that the Treasury Board may establish financial ...
A receiver general (or receiver-general) is an officer responsible for accepting payments on behalf of a government, ... Receiver General for Canada;
The minister of public services and procurement is also 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 Phoenix Pay System is a payroll processing system for federal employees, run by PSPC. After coming online in early 2016, Phoenix has been mired in problems with underpayments, over-payments, and non-payments. As of March 2018, the estimated cost to fix the problems was over $1 billion. [3]
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A formal system of equalization payments was first introduced in 1957. [7] [ Notes 1]. The original program had the goal of giving each province the same per-capita revenue as the two wealthiest provinces, Ontario and British Columbia, in three tax bases: personal income taxes, corporate income taxes and succession duties (inheritance taxes).