Archived - Funds Management Governance Framework

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Department of Finance
Bank of Canada

October 2007

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Table of Contents


Chapter 1

Funds Management Objectives

Financial Asset and Liability Management Framework

Risk Management Framework

Chapter 2



Roles and Responsibilities

Minister of Finance

Senior Management at the Department of Finance

Senior Management at the Bank of Canada

Chapter 3

Strategy, Coordination and Control

Financial Asset and Liability Management Strategy

Risk Management

Coordination and Control

Committees and Working Groups


Plans for Forthcoming Fiscal Year

Chapter 4

Program Effectiveness

Performance Monitoring

External Evaluation

Review of Governance Frameworks

Table of Annexes


Annex 1a – Control Structure by Function

Annex 1b – Control Structure by Committee/Working Group

Annex 1c – Control Structure by Organization


Annex 2a – Summary of Committee Meetings

Annex 2b – Funds Management Committee Meetings

Annex 2c – Risk Committee Meetings

Annex 2d – Treasury Evaluation Committee Meetings

Annex 2e – Lead-up to Funds Management Committee Meetings

Annex 2f – Committee/Working Group Meetings


Annex 3a – Funds Management Committee

Annex 3b – Risk Committee

Annex 3c – Funds Management Coordinating Committee

Annex 3d –Asset Liability Management Committee

Annex 3e – Retail Debt Coordinating Committee

Annex 3f – Working Groups