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2011/2012 Report on Plans and Priorities - Future-oriented Financial Statements
- 1. Authority and objectives
- 2. Significant assumptions
- 3. Variations and Changes to the Forecast Financial Information
- 4. Summary of significant accounting policies
- 5. Parliamentary Appropriations
- 6. Tangible capital assets
- 7. Employee future benefits
- 8. Related party transactions
- 9. Segmented information
Related party transactions
Environment Canada is related as a result of common ownership to all Government of Canada departments, agencies, and Crown corporations. The department enters into transactions with these entities in the normal course of business and on normal trade terms.
Common services provided without charge by other government departments:
During the year Environment Canada is forecasted to receive without charge from other departments, accommodation, legal fees, workers' compensation coverage and the employer's contribution to the health and dental insurance plans. These services without charge have been recognized in the department's future-oriented Statement of Operations as follows:
|(in thousands of dollars)||Estimated|
|Employer's contribution to the health and dental insurance plans||$45,026||$39,901|
The Government has structured some of its administrative activities for efficiency and cost-effectiveness purposes so that one department performs these on behalf of all without charge. The costs of these services, which include payroll and cheque issuance services provided by Public Works and Government Services Canada and audit services provided by the Office of the Auditor General, are not included as an expense in the department's Statement of Operations.
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