Public Health Agency of Canada Quarterly Financial Report for the quarter ending September 30, 2024

Table of Contents

1. Introduction

This quarterly financial report has been prepared by management as required by section 65.1 of the Financial Administration Act, in the form and manner prescribed by the Directive on Accounting Standards, GC 4400 Departmental Quarterly Financial Report. This quarterly financial report should be read in conjunction with the Main Estimates and Supplementary Estimates. Please note that this quarterly financial report has not been subject to an external audit or review.

1.1 Authority, mandate and program

The Public Health Agency of Canada was created within the federal Health Portfolio in September 2004. The core mandate of the Agency is to deliver on the Government of Canada's commitment to increase its focus on public health in order to help protect and improve the health and safety of all Canadians and to contribute to strengthening public health capacities across Canada.

The Agency has the responsibility to:

The Agency aims to achieve a strategic outcome of protecting Canadians and empowering them to improve their health by providing strategic policy advice and support to the Minister of Health on a range of Core Responsibilities, including:

The Agency also delivers a number of grant and contribution programs related to these programs.

Further information on the mandate, roles, responsibilities and program of the Agency can be found in the 2024-25 Departmental Plan and the 2024-25 Main Estimates.

1.2 Basis of presentation

This quarterly report has been prepared using an expenditure basis of accounting. The accompanying Statement of Authorities (Section 6.0) includes the Agency's spending authorities granted by Parliament, or received from Treasury Board Central Votes, and those used by the Agency consistent with the Main Estimates and Supplementary Estimates for the 2024-25 fiscal year. This quarterly report has been prepared using a special purpose financial reporting framework designed to meet financial information needs with respect to the use of spending authorities.

The authority of Parliament is required before moneys can be spent by the Government. Approvals are given in the form of annually approved limits through Appropriation Acts or through legislation in the form of statutory spending authority for specific purposes.

The Agency uses the full accrual method of accounting to prepare and present its annual departmental financial statements that are part of the departmental performance reporting process. However, the spending authorities voted by Parliament remain on an expenditure basis.

2. Highlights of fiscal quarter results

The following graph provides a comparison of the Agency's net budgetary authorities and expenditures.

Comparison of budgetary authorities and expenditures as of September 30, 2024 and September 30, 2023
Figure 1. Text version below.
Figure 1 : Descriptive text

The graph above provides a comparison of the net budgetary authorities and expenditures as of September 30, 2024 and September 30, 2023 for the Agency's combined Vote 1, Vote 5, Vote 10 and Statutory Votes. As of September 30, 2024, PHAC had a total of $2,113.3 million in authorities available for spending compared to $5,285.2 million on September 30, 2023. PHAC's year-to-date expenditures as of September 30, 2024 were $735.9 million compared to $1,619.1 million on September 30, 2023.

2.1 Significant changes to authorities

Authorities available (in millions of dollars) 2023-24 2024-25 Variance
Vote 1 – Operating expenditures 4,550 1,551 -2,999
Vote 5 – Capital expenditures 51 30 -21
Vote 10 – Grants and contributions 467 374 -93
Statutory 217 158 -59
Total authorities 5,285 2,113 -3,172

The Agency's total authorities available for use decreased from $5.3 billion to $2.1 billion compared to the second quarter of 2023-24. This year-to-date net reduction of $3.2 billion is explained by decreases in funding for the following initiatives:

The decreases are partially offset by increases in the following initiatives:

2.2 Authorities used analysis

Year-to-date expenditures (in millions of dollars) 2023-24 2024-25 Variance
Vote 1 – Operating expenditures 1,302 477 -825
Vote 5 – Capital expenditures 8 5 -3
Vote 10 – Grants and contributions 235 220 -15
Statutory 74 33 -41
Total year-to-date expenditures 1,619 736 -883
*Totals may not add or may not agree with details provided elsewhere due to rounding.

As of September 30, 2024, total net budgetary expenditures were $735.9 million, compared to $1,619.1 million on the same date in 2023-24, marking a reduction of $883.2 million. This variance is primarily driven by the following factors:

3. Risks and uncertainty

The dominant financial risks faced by the Agency relate to the nature of its mandate and the need to respond to public health events. While the Agency continues to transition from its expanded response activities, PHAC Renewal efforts are underway to support the stabilization of the Agency's posture and to reset priorities across its core program areas. The 2022-25 Corporate Risk Profile (CRP) has been refreshed to better reflect these adjustments. This revision will reinforce the support of the Agency's commitment to its mandate of promotion, prevention and preparation for the most pressing public health needs and priorities of Canadians.

4. Significant changes in relation to operations, personnel and programs

The Agency is undergoing changes in relation to operations, personnel and programs as it continues to play a vital role in helping protect and improve the health and safety of all Canadians. As the situation has evolved, the Agency continues to scale down initiatives and ressources related to COVID-19 with the expiry of many temporary budgetary authorities related to the pandemic response. The Agency will continue to strategically assess and tailor its public health responses to best meet the needs of Canadians.

5. Approval by senior officials

Approved by:

Heather Jeffrey,
President
Public Health Agency of Canada
Ottawa, Canada
Date:

Martin Krumins,
Chief Financial Officer
Public Health Agency of Canada
Ottawa, Canada
Date:

6. Statement of Authorities (unaudited)

Statement of Authorities (unaudited)
(in thousands of dollars) Fiscal year 2024-25 Fiscal year 2023-24
Total available for use for the year ending March 31, 2025Footnote * Used during the quarter ended September 30, 2024 Year to date used at quarter-end Total available for use for the year ending March 31, 2024Footnote * Used during the quarter ended September 30, 2023 Year to date used at quarter-end
Vote 1 - Operating expenditures 1,551,202 346,183 477,090 4,549,779 717,751 1,301,604
Vote 5 - Capital expenditures 29,950 4,476 5,189 51,198 6,154 8,157
Vote 10 - Grants and contributions 373,754 26,227 220,336 466,905 42,419 235,585
Statutory Authorities
(S) Contributions to employee benefit plans - Program 55,066 13,767 27,533 45,773 11,443 22,886
(S) Spending of amounts equivalent to proceeds from disposal of surplus moveable Crown assets 3,952 0 0 4,078 2 2
(S) Spending of revenues pursuant to section 4.2 of the Department of Health Act 13,413 2,483 2,483 13,413 2,444 2,444
(S) Payments for expenses in relation to COVID-19 tests 10,021 2,906 3,289      
(S) Payments in connection with Economic and Fiscal Update Implementation Act, 2021 75,901 0 0 154,024 10,731 48,464
Total authorities 2,113,259 396,042 735,920 5,285,170 790,944 1,619,142
Footnote *

Includes only authorities available for use and granted by Parliament at quarter end.

Return to footnote * referrer

7. Agency budgetary expenditures by Standard Object (unaudited)

Table 1: Agency budgetary expenditures by Standard Object (unaudited)
(in thousands of dollars) Fiscal year 2024-25 Fiscal year 2023-24
Planned expenditures for the year ending March 31, 2025Footnote * Expended during the quarter ended September 30, 2024 Year to date used at quarter-end Planned expenditures for the year ending March 31, 2024Footnote * Expended during the quarter ended September 30, 2023 Year to date used at quarter-end
Expenditures:
Personnel 476,039 131,691 227,024 410,274 122,363 205,736
Transportation and communications 7,417 1,267 2,467 7,844 1,466 2,924
Information 37,672 3,950 17,270 67,244 24,152 24,764
Professional and special services 194,111 94,326 106,803 382,754 90,001 130,589
Rentals 6,737 2,630 3,241 2,526 2,958 3,568
Purchased repair and maintenance 10,194 2,276 3,258 2,528 1,711 2,307
Utilities, materials and supplies 863,785 126,568 146,934 3,713,914 486,197 956,124
Acquisition of lands, buildings and works 0 2 2 1,898 79 118
Acquisition of machinery and equipment 44,413 4,794 6,625 71,202 3,439 6,784
Transfer payments 471,315 26,227 220,336 620,929 53,148 284,048
Other subsidies and payments 2,526 2,629 2,541 4,707 5,693 2,646
Total gross budgetary expenditures 2,114,209 396,360 736,501 5,285,820 791,207 1,619,608
Less revenues netted against expenditures:
Services of a Non-Regulatory Nature 950 318 581 650 263 466
Total Revenues netted against expenditures 950 318 581 650 263 466
Total net budgetary expenditures 2,113,259 396,042 735,920 5,285,170 790,944 1,619,142
Footnote *

Includes only authorities available for use and granted by Parliament at quarter end.

Return to footnote * referrer

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