Quarterly Financial Report For the quarter ended December 31, 2023

Statement outlining results, risks and significant changes in operations, personnel and programs

1. Introduction

This quarterly financial report has been prepared by management as required by section 65.1 of the Financial Administration Act and in the form and manner prescribed by the Treasury Board. It should be read in conjunction with the Main Estimates and Supplementary Estimates. This quarterly financial report has not been subject to an external audit or review.

Women and Gender Equality Canada (WAGE) works to advance gender equality through an intersectional gendered lens. Working in partnership with key stakeholders, including civil society organizations, labour groups, the private sector, other orders of government, and First Nations, Inuit and Metis peoples, WAGE actively promotes the inclusion of all people in Canada’s economic, social, and political life. WAGE works to uphold its mandate to advance gender equality by performing a central coordination function within the Government of Canada by developing and implementing policies, providing grants and contributions, delivering programs, investing in research, and providing advice to achieve equality for people of all genders, including women.

The Minister for Women and Gender Equality and Youth is responsible for this organization.

A summary description of WAGE's programs can be found in the Main Estimates.

2. Basis of presentation

This quarterly report has been prepared by management using an expenditure basis of accounting. The accompanying Statement of Authorities includes the department’s spending authorities granted by Parliament, and those used by the department consistent with the Main Estimates and Supplementary Estimates for the 2023-2024 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 money 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.

When Parliament is dissolved for purposes of a general election, section 30 of the Financial Administration Act authorizes the Governor General, under certain conditions, to issue a special warrant authorizing the Government to withdraw funds from the Consolidated Revenue Fund. A special warrant is deemed to be an appropriation for the fiscal year in which it is issued.

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

3. Highlights of the fiscal quarter and the fiscal year-to-date (YTD) results

This section highlights the significant items that contributed to the net increase or decrease in authorities available for the year and actual expenditures for the quarter ended December 31, 2023.

3.1 Significant changes to authorities

Total authorities available for use for the quarter ended December 31, 2023, have decreased by $5.0 million, from $327.1 million in 2022-2023 to $322.1 million in 2023-2024, representing a decrease of 2%.

The net decrease is mainly attributable to the following elements:

• A decrease of $128.5 million due to time-limited funding to advance the National Action Plan to End Gender-Based Violence, funded over two years, that ended last year
• A decrease of $16.9 million due to time-limited funding to support the sustainability of women’s and equality-seeking organizations, funded over five years, that ended last year
• A decrease of $1.1 million due to time-limited funding for campus violence, funded over five years, that ended last year
• An increase of $75.4 million to work with provinces and territories to advance a National Action Plan to End Gender-Based Violence
• An increase of $40.4 million to continue advancing gender equality in Canada
• An increase of $18.6 million for the creation of a Menstrual Equity Fund pilot
• An increase of $6.9 million to support organizations in Canada that serve women

3.2 Significant changes to expenditures

Year-to-date budgetary expenditures for the quarter ended December 31, 2023, have decreased by $6.4 million, from $265.7 million in 2022-2023 to $259.2 million in 2023-2024, representing a decrease of 2%.

The net decrease is mainly attributable to the following expenditures:

• A decrease of $14.7 million in transfer payments
• An increase of $7.4 million in personnel
• An increase of $1.3 million in information

Figure 1 outlines the total authorities available for use and total expenditures for the third quarter.

4. Risks and uncertainties

WAGE approaches risk as an integral part of its planning process, recognizing the need for strong risk management in all of its operations, as well as at the corporate level. The department’s corporate risk profile, review of budgetary challenges, management practices and risk mitigation strategies continue to be monitored by its senior management.

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

There were no significant changes in relation to operations, personnel and programs during the quarter.

6. Approval by Senior Officials

Approved, as required by the Policy on Financial Management:

Statement of Authorities (unaudited)

Departmental budgetary expenditures by Standard Object (unaudited)