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.
$52,000.00
Sep 9, 2024
For-profit organization
Untangle Money MINI Development
1022458
Untangle Money worked with over 200 users resulting in a unique process for personalizing financial literacy and creating an action plan for users’ money. Untangle aims to reach millions of global users cost-effectively so automating the existing largely manual MVP application is critical.
This process is expensive because it requires the expertise of a financial expert to create the tailored integration of financial literacy and planning. It is preventing the company from scaling. This project aims at automate the creation the financial literacy program by using sophisticated computer decision processes.