Appendix B
Financial Administration Act
Ministerial Powers, Duties, Functions and Responsibilities

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
1
Definitions		 no no yes

Part 0.1
Treasury Board And Ministry Of Finance
Treasury Board

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
1.0.1
Treasury Board continued		 no yes no
1.0.2
Members		 yes — in respect of the Minister of Finance’s membership yes — except in respect of the Minister of Finance’s membership no
1.0.3
Chair and vice-chair		 no yes no
1.0.4
Procedure		 no yes no
1.0.5
Powers and duties		 no yes no
1.0.6
Board may require right to consent to fees, etc.		 no yes no
1.0.7
Special warrants		 no yes no
1.0.8
Board orders, supplementary expenditures		 no yes no
1.0.9
Expenditure transfer		 no yes no
1.0.10
Regulations		 no yes no

Part 0.1
Treasury Board And Ministry Of Finance
Ministry of Finance

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
1.0.11
Ministry of Finance continued		 yes no no
1.0.12
Minister of Finance to have charge		 yes no no
1.0.13
Seal		 yes no no
1.0.14
Duties and powers of Minister of Finance		 yes — in respect of the Ministry of Finance, economic policy, taxation policy, and economic and statistical functions yes — in respect of the Treasury Board Secretariat, accounting policy and accounting functions yes — in respect of finance policy, finance functions, management of the Consolidated Revenue Fund and all public money; and in respect of issuing directives, policies and guidelines and establishing practices and procedures
1.0.15
Deputy Minister of Finance		 yes no no
1.0.16
Delegation of powers		 no no yes
1.0.17
Protection from personal liability		 yes — in respect of the Deputy Minister of Finance and the Ministry of Finance yes — in respect of the Deputy Minister of the Treasury Board Secretariat and the Treasury Board Secretariat no
1.0.18
Expenditures		 yes no no
1.0.19
Grants		 no no no

Part 0.1
Treasury Board And Ministry Of Finance
Financial Management

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
1.0.20
Financial responsibility		 no no yes
1.0.21
Payment may be withheld		 no yes no
1.0.22
Payment for special cases		 no no yes
1.0.24
Expenditures authorized by the Assembly		 no yes no
1.0.25
Provision of information to the Minister of Finance		 no no yes
1.0.25.1
Duty of businesses, etc., to provide certain information		 no yes no
1.0.26
Preparation of Public Accounts		 no yes — in respect of subsections (2), (4) to (6) and (8) yes — in respect of subsections (1), (3), (7) and (9)

Part I
Public Money

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
1.1
Ontario Opportunities Fund		 no yes no
2
Public money to be credited to Minister of Finance		 yes — in respect of subsections (1) to (2) no yes — in respect of subsections (3) to (5)
3(1)(a) – (h), and (i)
Minister of Finance’s investment powers		 yes no no
3(1)(h.1)
Minister of Finance’s investment powers		 no no yes – as agreed between the Ministers
3(2) – (6)
Minister of Finance’s Investment powers		 yes no no
4
Vesting of securities, etc., in Minister of Finance and successors		 yes no no
5
Settlement of or determination of uncollectability of debts, etc.		 no no yes
5.1
Remission of amounts owing to or recoverable by the Crown		 yes — in respect of tax-related remissions yes — except in respect of tax-related remissions no
5.2
Payment or credit re Excise Tax Act (Canada)		 yes no no
6
Minister of Finance authorized to accept certain gifts and bequests		 no yes — in respect of subsection (2) yes — in respect of subsection (1)
7
Money received for special purpose		 no no yes
7.1
Proxy investment funds		 no no yes – as agreed between the Ministers
8
Recovery of balance of public money		 yes no no
8.1
Additional fee for failure of payment		 no no yes
9
Refunds		 no yes no
9.1
Transition		 no yes no
10
Interest and penalties on unpaid debts to Crown		 no yes no
10.1
Collection, etc., of information		 no no yes

Part II
Disbursement Of Public Money

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
11
Payments out of Consolidated Revenue Fund (CRF)		 yes — except in respect of subsection (5) and related approvals under subsection (4) yes — in respect of subsection (5) and related approvals under subsection (4) no
11.1
Appropriation required		 no yes no
11.2
Limits on charges to appropriations		 no yes no
11.3
Expenses limited to appropriations		 no yes no
11.4
Certificate for payments		 no yes no
11.4.1
Authority to pay interest on overdue amounts		 yes — in respect of the provincial borrowing program yes — except in respect of the provincial borrowing program no
11.5
Authorized investments		 no yes no
11.6
Estimates		 no yes no
11.7
Payment of certain accrued liabilities		 no yes no
11.8
Payment re: certain environmental remediation liabilities		 no yes no
11.9
Payment re: newly recognized liabilities		 no yes no
12
Payment of guarantee or indemnity		 yes no no
13
How public money to be paid in certain circumstances		 yes no no
14.1
Advances		 no no yes
15
Interim payments from CRF		 no yes no
16.0.1
Refund or repayment of expenditure or advance		 no yes no
16.0.2
Application of accounting principles		 no yes no
16.1
Collection agency fees		 yes no no

Part II.1
Financial Management And Control

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
16.3
Definition		 no no yes
16.4
Payment of surplus funds into consolidated revenue fund		 no no yes
16.5
Deposits and investment by ministries of surplus funds		 yes no no
16.6
Financial activities		 yes no no

Part III
Public Debt

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
17
Definitions		 yes no no
18
Loans to be authorized		 yes no no
19
Money raised a charge on CRF		 yes no no
20
Authorization to borrow		 yes no no
21
Additional borrowing authorized		 yes no no
22
Guarantee or indemnity authorized		 yes no no
23
Temporary bank loans not exceeding $4 billion authorized		 yes no no
24
Recitals and declarations		 yes no no
25
Borrowing in foreign currencies authorized		 yes no no
26
Calculation of borrowing limit		 yes no no
26.1
Power to change form of debt		 yes no no
27
Exemption from taxation		 yes no no
28
Transactions that increase provincial liabilities		 no no yes
29
Execution of security certificates		 yes no no
30
Contents and conditions of securities		 yes no no
31
Registrars and fiscal agents		 yes no no
32
Officers not bound to see to trust		 yes no no
33
Payment of lost securities		 yes no no
34
Sinking funds		 yes no no
35
Payment of loan expenses out of CRF		 yes no no
36
Power to cancel securities acquired on sinking fund account		 yes no no
37
Statement re authority		 yes no no
38
Regulations		 no no yes — in accordance with underlying subject matter, except with respect to clause 38 (1) (a.3)

Part IV
Civil Liability

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
39
Notice to person failing to pay over public money		 no no yes
40
Unapplied public money for purpose to be applied out of CRF		 no no yes
41
Evidence		 no no yes
42
Liability for loss		 no no yes
43
Collection of debt by set-off		 no no yes
44
Books, etc., property of the Crown		 no no yes
45
Nothing in this Act to impair other remedies of the Crown		 no no yes

Part V
Reciprocal Taxation Agreements

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
46
Reciprocal taxation agreements		 yes no no

Part VI
Disbursements For Events At Which Politicians Speak

A. FAA provision B. Minister of Finance C. President of the Treasury Board D. Minister of Finance and President of the Treasury Board (Shared)
47.
Prohibition		 no yes no

Order in Council 1194/2022