Treasury Board of Canada Secretariat
www.tbs-sct.gc.ca
Common menu bar links
Breadcrumb Trail
ARCHIVED - Financial Transactions and Reports Analysis Centre of Canada - Supplementary Tables
This page has been archived.
Archived Content
Information identified as archived on the Web is for reference, research or recordkeeping purposes. It has not been altered or updated after the date of archiving. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats on the "Contact Us" page.
Sources of Respendable and Non-Respendable Revenue
| Program Activity | ($ millions) | |||
|---|---|---|---|---|
| Forecast Revenue 2011-12 |
Planned Revenue 2012-13 |
Planned Revenue 2013-14 |
Planned Revenue 2014-15 |
|
| Compliance Program | ||||
| Administrative Monetary Penalties (AMPs) | N/A 1 | N/A | N/A | N/A |
| Subtotal | N/A 1 | N/A | N/A | N/A |
| Detection and Deterrence of Money Laundering and Terrorist Financing 2 | ||||
| Administrative Monetary Penalties (AMPs) | 0.1 | N/A 2 | N/A 2 | N/A 2 |
| Total Non-respendable Revenue | 0.1 | N/A | N/A | N/A |
FINTRAC has the legislative authority to issue Administrative Monetary Penalties (AMPs) to reporting entities that are in non-compliance with Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). This program is a source of non-refundable revenue.
The purpose of the AMPs program is to encourage compliance with the PCMLTFA, rather than to punish non-compliance. As such, FINTRAC does not plan on issuing a specific number or value of AMPs per year and is unable to forecast the level of future non-respendable revenue derived from the issuance of AMPs.
Further information on penalties that may result from non-compliance with Part 1 of the PCMLTFA including AMPs may be found at http://www.fintrac-canafe.gc.ca/pen/1-eng.asp.
1 FINTRAC's Strategic Outcome and Program Activity Architecture elements were amended for display in the 2012-13 and future year Estimates and Public Accounts.
2 This 2011-12 Program Activity element has been removed from display in the 2012-13 and future year Estimates and Public Accounts.
