Grants and Contributions
About this information
In June 2016, as part of the Open Government Action Plan, the Treasury Board of Canada Secretariat (TBS) committed to increasing the transparency and usefulness of grants and contribution data and subsequently launched the Guidelines on the Reporting of Grants and Contributions Awards, effective April 1, 2018.
The rules and principles governing government grants and contributions are outlined in the Treasury Board Policy on Transfer Payments. Transfer payments are transfers of money, goods, services or assets made from an appropriation to individuals, organizations or other levels of government, without the federal government directly receiving goods or services in return, but which may require the recipient to provide a report or other information subsequent to receiving payment. These expenditures are reported in the Public Accounts of Canada. The major types of transfer payments are grants, contributions and \'other transfer payments\'.
Included in this category, but not to be reported under proactive disclosure of awards, are (1) transfers to other levels of government such as Equalization payments as well as Canada Health and Social Transfer payments. (2) Grants and contributions reallocated or otherwise redistributed by the recipient to third parties; and (3) information that would normally be withheld under the Access to Information Act and the Privacy Act.
$20,000,000.00
Sep 6, 2018
Not-for-profit organization or charity
Toronto Centre - Strengthening Financial Sector Supervision and Regulation 2018-2023
7391682 P005315001
This grant represents Canada’s long-term institutional support to Toronto Centre. Toronto Centre uses these funds, along with other donors’ funding to achieve its mandate.
Toronto Centre’s mandate is to enhance the capacity of financial regulators and supervisors around the globe, particularly in emerging markets and developing countries, to contribute to deeper, more inclusive and more stable financial systems, which lead to sustainable economic growth and poverty reduction. This project aims to reduce poverty and empower women to participate in the economic lives of their families and communities and contribute to broad economic growth and lasting change by increasing women’s access to financial services, including banking, investment instruments, credit and insurance. Project activities include: (1) improving data on the gender gap and conducting training and policy dialogue with partners to increase women’s access to and control over financial resources; (2) removing regulatory barriers that limit women’s rights to financial services; and (3) increasing women’s participation in decision-making at senior levels in national level financial regulation and supervision.