Annual Report on Travel, Hospitality and Conference Expenditures
Financial Consumer Agency of Canada 2017 - 2018
As required by the Treasury Board Directive on Travel, Hospitality, Conference and Event Expenditures, this report provides information on travel, hospitality and conference expenditures for Financial Consumer Agency of Canada for the fiscal year ended March 31, 2018.
Travel, hospitality and conference expenditures incurred by a federal department or agency relate to activities that support the department or agency’s mandate and the government’s priorities.
Mandate:
The Financial Consumer Agency of Canada Act outlines FCAC’s functions and administration and enforcement powers, and lists the sections of federal laws and regulations under its supervision. A description of its program activities can be found in FCAC’s Business Plan 2017-2018.
Financial Consumer Agency of Canada Travel, Hospitality and Conference Expenditures for Year ending March 31, 2018
Expenditure category |
Expenditures for year ended March 31, 2018 ($ thousands) |
Expenditures for year ended March 31, 2017 Note 1 ($ thousands) |
Variance ($ thousands) |
|---|---|---|---|
| Travel | |||
Operational activities |
$469.00 |
- | - |
Key stakeholders |
$28.00 |
- | - |
Internal governance |
$0.00 |
- | - |
Training |
$8.00 |
- | - |
Other |
$5.00 |
- | - |
| A. Total travel | $510.00 |
$301.00 |
$209.00 |
| B. Hospitality | $72.00 |
$25.00 |
$47.00 |
| C. Conference fees | $33.00 |
$29.00 |
$4.00 |
| Total [A+B+C] | $615.00 |
$355.00 |
$260.00 |
| International travel by minister and minister's staff (included in travel) | $0.00 |
$0.00 |
$0.00 |
Explanation of significant variances compared with previous fiscal year
Total travel:
During fiscal year 2017-18, FCAC’s travel expenditures increased compared to the previous year due to costs related to the industry review of bank sales practices and the Financial Literacy Conference.
Hospitality:
Compared to fiscal year 2016–17, FCAC’s hospitality expenditures also increased due to costs related to the industry review of bank sales practices and the Financial Literacy Conference.
Conference fees:
There was no significant year-over-year variation for these expenditures.Minister and minister’s exempt staff - International travel:
Not applicable.