The Department of Public Services and Procurement Canada, in its role as Receiver General for Canada, is responsible for the management and safeguarding of all federal government money. All funds paid to the Government of Canada are held in a central account at the Bank of Canada, known as the Consolidated Revenue Fund (CRF). The Receiver General uses a centralized banking system (Government Banking System or GBS) to record the inflow of funds to the CRF. Using this system, cash balances at the Bank of Canada are reviewed and approved each day by the Receiver General.
This dataset entitled “Consolidated Revenue Fund Term Deposits” provides details, extracted from the GBS, of the results of the twice-daily auctions administered by the Bank of Canada of excess Receiver General cash balances.
Updates will be posted quarterly.