Veteran Affairs Canada’s 2023-24 Departmental results report

Veteran Affairs Canada’s 2023-24 Departmental results report

From the Minister

The Honourable Ginette Petitpas Taylor, PC, MP Minister of Veterans Affairs and Associate Minister of National Defence

I am pleased to present the 2023–24 Departmental Results Report following my first year as Minister of Veterans Affairs Canada and Associate Minister of National Defence. This report highlights how the Department serves Canada’s Veteran communities.

Our top priority is reducing processing times for Veterans. In 2023, 69% of disability benefit decisions were made within 16 weeks. Despite a 78% increase in applications since 2015–16, we reduced the overall backlog by 75%. We will continue these efforts to ensure we meet the expectations of Canada’s Veterans.

Over 90% of our budget went directly to the Veteran community. That is over $5.8 billion for Veterans, their families, and organizations that support them. The Department provided many supports and services including:

We engaged directly with Veterans, including those from equity-deserving communities. We held a National Stakeholder Summit, a Women Veterans Forum, prepared commemorative missions for 2SLGBTQI+ and Indigenous Veterans and met over 70 times with groups of Indigenous Veterans.

We paid tribute to and recognized Canadians who served in times of war, military conflict, and peace. For Veterans’ Week, we held commemorative events and distributed over 4.4 million learning products marking the 75th anniversary of United Nations (UN) peacekeeping. We also commemorated key milestones such as the 35th anniversary of the Nobel Peace Prize for UN Peacekeeping Forces, the 70th anniversary of the Korean War Armistice, the 25th anniversary of Operation Persistence – Swissair Flight 111 Response, and the 10th anniversary of the end of Canada’s mission in Afghanistan.

Internally, we introduced the “We All Belong” Action Plan to address barriers and promote inclusivity. We improved the representation of diverse employees, launched new equity-deserving employee networks, and delivered anti-racism training to 1,100 staff and executives.

Our staff are honoured to serve Canada’s Veteran communities, as they have served our country so well. I invite you to read about the outcomes that we achieved over the past year.

Sincerely,

The Honourable Ginette Petitpas Taylor, P.C., M.P.
Minister of Veterans Affairs and
Associate Minister of National Defence

 

Results – what we achieved

Core responsibilities and internal services:

Core responsibility 1: Benefits, Services and Support

Description

Support the care and well-being of Veterans and their dependents or survivors through a range of benefits, services, research, partnerships, and advocacy.

Progress on results

This section presents details on how we performed to achieve results and meet targets for Benefits, Services and Support. Details are presented by departmental result.

Note: VAC completed its final Life After Service Survey (LASS) in 2019. It surveyed Regular Force Veterans at non-entry ranks and who released after 1998. The Department has since replaced the LASS with the Canadian Veteran Health Survey (CVHS). The CVHS provides better sampling of all Veteran groups. The 2019 LASS represented only about 12.5% of the total Veteran population, while the 2022 CVHS represented over 95% of the Veteran population. The CVHS also closely aligned with the Canadian Community Health Survey. This alignment will allow for researchers to draw easier comparisons between the CVHS and the broader Canadian population.

The two surveys also have different methodologies and questionnaires. Due to these differences, the results in the Departmental Results tables that follow are based on the current data source only. The footnotes in the following section provide more detail about results and indicators that were impacted by these changes.

Table 1: Targets and results for Benefits, Services and Support

The Table 1 suite provides a summary of the target and actual results for each indicator associated with the results under Benefits, Services and Support.

Table 1.1 for Departmental Result: Veterans are physically and mentally well
Departmental Result Indicators Target Date to achieve target Actual results
% of Veterans who report that their health is very good or excellent 50%Footnote 1 March 2025Footnote 1 2022–23: 40%
2023–24: 40%Footnote 2
% of Veterans who report that their mental health is very good or excellent 60%Footnote 1 March 2025Footnote 1 2022–23: 49%
2023–24: 49%Footnote 2
% of Veterans receiving treatment in Operational Stress Injury Clinics reporting improved overall mental healthFootnote 3 50% March 2024 2021–22: 48%
2022–23: 50%
2023–24: 51%
% of Veterans who report they need help with an activity of daily living 20%Footnote 1 March 2025 2021–22: 25%
2022–23: 25%Footnote 4
2023–24: 25%Footnote 4
 
Table 1.2 for Departmental Result: Veterans and their families are financially secure
Departmental Result Indicators Target Date to achieve target Actual results
% of Veterans whose household income is below the Low Income Measure Lower than the Canadian general population (19%)Footnote 5 March 2025 2022–23: 17%
2023–24: 17%Footnote 2
% of Veterans who are satisfied with their financial situation 75%Footnote 1 March 2025Footnote 1 2022–23: 62%
2023–24: 62%Footnote 2
 
Table 1.3 for Departmental Result: Veterans have a sense of purpose
Departmental Result Indicators Target Date to achieve target Actual results
% of Veterans who are satisfied with their job or main activity 75%Footnote 1 March 2025Footnote 1 2022–23: 75%
2023–24: 75%Footnote 2
% of Veterans who are employedFootnote 6 70%Footnote 1 March 2025Footnote 1 2022–23: 56%
2023–24: 56%Footnote 2
 
Table 1.4 for Departmental Result: Veterans are able to adapt, manage, and cope within post-service life
Departmental Result Indicators Target Date to achieve target Actual results
% of Veteran clients of Veterans Affairs Canada who report an easy adjustment to post-service lifeFootnote 7 70% March 2025 2021–22: 68%
2022–23: 59%
2023–24: 59%Footnote 10
% of Veterans who have completed a post-secondary education 55%Footnote 1 March 2025Footnote 1 2022–23: 64%
2023–24: 64%Footnote 2
% of Veterans who have high level of mastery of their life skills 40%Footnote 1 March 2025Footnote 1 2022–23: 24%
2023–24: 24%Footnote 2
 
Table 1.5 for Departmental Result: Veterans are living in safe and adequate housing
Departmental Result Indicators Target Date to achieve target Actual results
% of Veterans who are in core housing need Lower than the Canadian general population (7%)Footnote 8 March 2025 2021–22: 5%
2022–23: 5%Footnote 9
2023–24: 5%Footnote 9
% of Veteran clients of Veterans Affairs Canada 65 years and older living in their own homes who report satisfaction with their housing 97% March 2025 2021–22: 90%
2022–23: 90%
2023–24: 90%Footnote 10
 
Table 1.6 for Departmental Result: Veterans are socially supported
Departmental Result Indicators Target Date to achieve target Actual results
% of Veterans who have a strong sense of community belonging 60%Footnote 1 March 2025 2021–22: 5%
2022–23: 59%
2023–24: 59%Footnote 2
% of Veterans Affairs Canada clients who are satisfied with their relationships with friends or family 85% March 2025 2021–22: 83%
2022–23: 88%
2023–24: 88%Footnote 10
 
Table 1.7 for Departmental Result: Veterans are satisfied with the services they receive
Departmental Result Indicators Target Date to achieve target Actual results
% of Veterans Affairs Canada clients who are satisfied with the quality of service delivery they receive from Veterans Affairs Canada 85% March 2025 2021–22: 81%
2022–23: 78%
2023–24: 78%Footnote 10
% of Veterans Affairs Canada clients who are satisfied with the quality of Veterans Affairs Canada’s programs and services offered 85% March 2025 2021–22: 80%
2022–23: 76%
2023–24: 76%Footnote 10

Additional information on the detailed results and performance information for our program inventory is available on the Government of Canada’s (GC) InfoBase.

Details on results

The following section describes the results for Benefits, Services and Support in 2023–24 compared with the planned results set out in our departmental plan for the year.

Resources required to achieve results

Table 2: Snapshot of resources required for Benefits, Services and Support

Table 2 provides a summary of the planned and actual spending, and full-time equivalents (FTEs) required to achieve results.

Resource Planned Actual
Spending (dollars) 5,826,610,032 5,838,792,540
Full-time equivalents 2,701.9 2,675.6
 

Complete financial and human resources information for our program inventory is available on GC InfoBase.

Related government priorities

Program inventory

Benefits, Services and Support is supported by the following programs:

  • Caregiver Recognition Benefit
  • Disability Benefits
  • Health Care Benefits
  • Income Support
  • Long Term Care
  • Research and Innovation
  • Transition Services
  • Veterans Emergency Fund
  • Veterans Independence Program
  • War Veterans Allowance

Additional information related to the program inventory for Benefits, Services and Support is available on our Results page on GC Infobase.

Core responsibility 2: Commemoration

Description

Pay tribute to the sacrifices and achievements of those who served in Canada’s military efforts.

Progress on results

This section presents details on how we performed to achieve results and meet targets for Commemoration. Details are presented by departmental result.

Table 3: Targets and results for Commemoration

The Table 3 suite provides a summary of the target and actual results for each indicator associated with the results under Commemoration.

Table 3.1 for Departmental Result: Veterans and those who died in service are honoured
Departmental Result Indicators Target Date to achieve target Actual results
% of Veterans Affairs Canada clients who are satisfied with the way Veterans Affairs Canada’s commemorative initiatives honour Veterans and those who died in service 80% March 2025 2021–22: 71%
2022–23: 70%
2023–24: 70%Footnote 10
# of page views of the Canadian Virtual War Memorial 2,000,000 March 2024 2021–22: 2,303,935
2022–23: 2,186,682
2023–24: 2,246,391
% of visitors to Vimy and Beaumont-Hamel overseas memorials who report they have a better understanding of the sacrifice and contribution of those who served 95% March 2026 2021–22: 97%
2022–23: 98%
2023–24: 98%Footnote 11
 
Table 3.2 for Departmental Result: Canadians remember and appreciate Veterans and those who died in service
Departmental Result Indicators Target Date to achieve target Actual results
% of Canadians who indicate they make an effort to appreciate Veterans and those who died in service 75% March 2025 2021–22: 71%
2022–23: 82%
2023–24: 82%Footnote 12
# of Canadians who participated in community engagement activities financially supported by Veterans Affairs CanadaFootnote 13 200,000 March 2024 2021–22: 1,118,131
2022–23: 1,073,690
2023–24: 993,617

Additional information on the detailed results and performance information for our program inventory is available on GC InfoBase.

Details on results

The following section describes the results for Commemoration in 2023–24 compared with the planned results set out in our departmental plan for the year.

Resources required to achieve results

Table 4: Snapshot of resources required for Commemoration

Table 4 provides a summary of the planned and actual spending, and full-time equivalents (FTEs) required to achieve results.

Resource Planned Actual
Spending (dollars) 41,854,568 51,223,309
Full-time equivalents 89.1 84.0
 

Complete financial and human resources information for our program inventory is available on GC InfoBase.

Related government priorities

Program inventory

Commemoration is supported by the following programs:

  • Canada Remembers
  • Funeral and Burial Program

Additional information related to the program inventory for Commemoration is available on our Results page on GC Infobase.

Core responsibility 3: Veterans Ombudsperson

Description

Provide an independent and impartial review of complaints and issues related to programs and services delivered by the Veterans Affairs Portfolio and uphold the Veterans Bill of Rights.

Progress on results

This section presents details on how the Office of Veterans Ombud (OVO) performed to achieve results and meet targets for core responsibility: Veterans Ombudsperson. Details are presented by departmental result.

Table 5: Targets and results for Veterans Ombudsperson

The Table 5 suite provides a summary of the target and actual results for each indicator associated with the results under Veterans Ombudsperson.

Table 5.1 for Departmental Result: Veterans and their families have access to a timely review of complaints about the programs, services and support delivered by the Veterans Affairs Portfolio
Departmental Result Indicators Target Date to achieve target Actual results
% of complaints reviewed within 60 working days 85% March 2024 2021–22: 92%
2022–23: 94%
2023–24: 93%
 
Table 5.2 for Departmental Result: Issues about the programs, services and support provided to Veterans and their families by the Veterans Affairs Portfolio identified by the Office of the Veterans Ombudsperson are addressed
Departmental Result Indicators Target Date to achieve target Actual results
% of individual complaints reviewed and escalated by the Office of the Veterans Ombudsperson to the Veterans Affairs Portfolio that are addressed 80% March 2024 2021–22: 85%
2022–23: 71%
2023–24: 88%
% of recommendations made by the Office of the Veterans Ombudsperson related to systemic issues addressed by the Veterans Affairs Portfolio 75% March 2024 2021–22: 69%
2022–23: 70%
2023–24: 75%

The financial, human resources and performance information for the OVO’s program inventory is available on GC InfoBase.

Details on results

The following section describes the results for the core responsibility: Veterans Ombudsperson in 2023–24 compared with the planned results set out in the departmental plan for the year.

Resources required to achieve results

Table 6: Snapshot of resources required for Veterans Ombudsperson

Table 6 provides a summary of the planned and actual spending, and full-time equivalents (FTEs) required to achieve results.

Resource Planned Actual
Spending (dollars) 4,465,311 4,680,678
Full-time equivalents 39.0 33.3
 

Complete financial and human resources information for the OVO's program inventory is available on GC InfoBase.

Related government priorities

Program inventory

This core responsibility is supported by the following program:

  • Veterans Ombudsperson

Additional information related to the program inventory for Veterans Ombudsperson is available on the Department’s Results page on GC Infobase.

Internal services

Description

Internal services are the services that are provided within a department so that it can meet its corporate obligations and deliver its programs. There are 10 categories of internal services:

  • management and oversight services
  • communications services
  • legal services
  • human resources management services
  • financial management services
  • information management services
  • information technology services
  • real property management services
  • materiel management services
  • acquisition management services

Progress on results

This section presents details on how we performed to achieve results and meet targets for internal services.

In 2023–24, our Department undertook significant efforts to meet our goals, enhance services, and manage resources efficiently. Our accomplishments span several key areas, ensuring that we provide high-quality support to Veterans and their families while fostering a productive, inclusive, and sustainable work environment.

Enhancing operational efficiency and services

To provide effective services to Veterans and clients, we have prioritized modernizing our processes, improving operational efficiency, and ensuring responsible resource management.

Digital transformation and security

  • Security Screening: Implemented a comprehensive digital process that enhances the quality of information and reduces processing times. We are working on further automation to improve information sharing.
  • Digital Strategy: Developed a renewed Departmental Digital Strategy to guide our ongoing transformation efforts and improve service delivery.
  • Business Continuity: Revitalized our Business Continuity Program to ensure that our operations can withstand and quickly recover from unexpected events.

Flexible and sustainable work environments

  • Hybrid Work Support: Enhanced communication tools and network capacity across our locations to support a robust hybrid work environment.
  • Sustainable Development: Launched the 2023–2027 Sustainable Development Strategy, aligning our operations with government objectives for environmental stewardship.

Financial and information management

  • Financial Optimization: Strengthened our financial management processes through advanced systems for budgeting, forecasting, and reporting.
  • Information Management: Modernized our management of client records by consolidating paper records and developing tools for on-demand digitization. Additionally, we acquired new software and experimented with E-Discovery tools to simplify Access to Information and Privacy processing.
  • Real Property and Resource Stewardship: Established a Real Property Portfolio Strategy to better manage our assets and ensure alignment with operational needs. We also improved inventory management processes under the Directive on the Management of Materiel.
Strengthening human resources and workplace culture

High-performing organizations thrive on the strength and well-being of the employees. A key to our success is a well-supported, diverse, and engaged workforce. We put various initiatives in place to attract and retain top talent, foster inclusivity, and promote the well-being of our employees.

Modernize staffing and recruitment

  • Recruiting Enhancements: Launched the VAC JobConnex Portal and Career Page to simplify the hiring process and improve candidate engagement.
  • Diversity and Inclusion: Introduced the “We All Belong” Action Plan to address systemic barriers and promote inclusivity throughout the department. We improved the representation of employees and launched employee networks for equity communities. We also delivered anti-racism training to 1,100 staff and executives.

Support for disability and mental health

  • Disability Management: Advanced our Disability Management Program with tools like the Accessibility Passport, mandatory training, and centralized support for accommodating employees.
  • Mental Health and Well-being: Sponsored events, provided resources, and collaborated with partners to foster a workplace that prioritizes mental health and safety.

Improve human resources (HR) and payroll processes

  • HR-to-Pay Efficiency: Realigned processes and established dedicated dashboards to meet timeliness targets for HR-to-Pay transactions, supporting our goal of efficient payroll management.
  • Accessibility and Inclusion: Released our first Accessibility Progress Report in December 2023, marking a significant step toward making our department more accessible and inclusive as both an employer and a service provider.
Communications and community engagement

Effective communication is vital for keeping Veterans and their families informed and engaged. Our efforts this year focused on improving information delivery and highlighting the contributions of diverse Veteran communities.

Inform and support Veterans

  • Veteran Services and Benefits: Provided timely and accurate communications about services and benefits, utilizing data-driven approaches to meet the needs of Veterans and their families.
  • Website Modernization: Updated the Veterans.gc.ca website to better serve as a central hub for information on services available to Veterans. This was supported by a national advertising campaign targeting under-represented communities.

Celebrate diversity in Veteran communities

  • Highlighting Under-Represented Veterans: Focused on stories and events celebrating the service of under-represented Veterans, such as the Indigenous Legacy Project and the No. 2 Construction Battalion commemorations. We also supported significant modern-day Veterans’ initiatives like the Women’s Veterans Council and the Invictus Games.

Reorganize for better communication

  • Division Restructuring: Undertook a comprehensive reorganization of the Communications Division to better align with the evolving informational needs of Veterans and their families.

Throughout the year, our Department has achieved significant milestones in operational efficiency, workforce support, and community engagement. We remain committed to enhancing our services for Veterans and their families, fostering a diverse and inclusive workplace, and managing our resources responsibly. Our ongoing efforts reflect our dedication to continuous improvement and excellence in serving those who have served Canada.

Resources required to achieve results

Table 7: Resources required to achieve results for internal services this year

Table 7 provides a summary of the planned and actual spending, and full-time equivalents (FTEs) required to achieve results.

Resource Planned Actual
Spending (dollars) 111,486,760 158,369,676
Full-time equivalents 853.1 880.8
 

Complete financial and human resources information for our program inventory is available on GC InfoBase.

Contracts awarded to Indigenous businesses

Government of Canada departments are to meet a target of awarding at least 5% of the total value of contracts to Indigenous businesses each year. This commitment is to be fully implemented by the end of 2024–25.

Our result for 2023–24:

Table 8: Total value of contracts awarded to Indigenous businesses1

As shown in the Table 8, we awarded 11.73% of the total value of all contracts to Indigenous businesses for the fiscal year.

Contracting performance indicators 2023–24 Results
Total value of contracts awarded to Indigenous businesses2 (A) 2,883,329
Total value of contracts awarded to Indigenous and non‑Indigenous businesses3 (B) 67,054,207
Value of exceptions approved by deputy head (C) 42,465,933
Proportion of contracts awarded to Indigenous businesses [A / (B−C) × 100] 11.73%

1For the purposes of measuring performance against the minimum 5% target for fiscal year 2023–24, the data in this table is based on how Indigenous Services Canada (ISC) defines “Indigenous business”, which is one that is owned and operated by Elders, band and tribal councils; registered in the Indigenous Business Directory; or registered on a modern treaty beneficiary business list.

2Includes contract amendments with Indigenous businesses and contracts that were entered into with Indigenous businesses by means of acquisition cards above $10,000.00 ($10K), and may include subcontracts with Indigenous businesses.

3Includes contract amendments and contracts that were entered into by means of acquisition cards above $10K.

 
Advancing Indigenous procurement

We are dedicated to supporting Indigenous communities through our procurement practices. This year, we have successfully exceeded our targets for engaging Indigenous suppliers.

Achieve procurement goals

  • Contract Awards: Awarded contracts exceeding our $2.75M target to Indigenous suppliers, focusing primarily on IT equipment, software, and furniture. This equates to approximately 5% of the overall contracts we awarded in this fiscal year.
  • Engagement and Awareness: Held information sessions for managers, encouraged contractors to include Indigenous businesses, and required new Procurement Specialists to complete Indigenous procurement training.

Ongoing support and reporting

  • Supplier Engagement: Regularly consulted the Indigenous Business Directory to find capable suppliers.
  • Performance Monitoring: Shared our procurement results with senior management and through public reports, highlighting our commitment to supporting Indigenous businesses.

In our 2024–25 Departmental Plan, we forecasted that, by the end of 2023–24, we would award 5.5% of the total value of our contracts to Indigenous businesses.

Spending and human resources

Spending

This section presents an overview of our actual and planned expenditures from 2021–22 to 2026–27.

Analysis of actual spending by core responsibility

We build our annual budget to respond to Veterans in need of benefits and services. A key part of this process is forecasting, which helps ensure there is enough funding for all eligible Veterans who are likely to need help in a given year. Our annual budget fluctuates each year due to the demand-driven nature of our programs—based on Veterans’ needs and entitlements. In other words, a Veteran who is entitled to a benefit or service receives it.

While forecasting helps ensure enough funding is available, expenditures are only incurred for Veterans who in fact come forward to use the program or service.  The budget process accounts for these fluctuations, which is why there will be changes. The design of the Government’s budget process accounts for these fluctuations, which is why there will be changes to both forecasted and actual spending from one year to the next. Fluctuations in spending are normal, given that initial forecasting is typically done many months in advance of the reporting period and adjusted throughout the year based on actual results. In addition, due to timing, new spending announced in recent Federal Budgets are not included in the planned spending figures.

Table 9: Actual three-year spending on core responsibilities and internal services (dollars)

Table 9 presents how much money we spent over the past three years to carry out our core responsibilities and for internal services.

Core responsibilities and internal services 2023–24 Main Estimates 2023–24 total authorities available for use Actual spending over three years (authorities used)
Benefits, Services and Support 5,826,610,032 5,881,286,181
  • 2021–22: 5,240,551,120
  • 2022–23: 5,237,608,937
  • 2023–24: 5,838,792,540
Commemoration 41,854,568 53,395,313
  • 2021–22: 38,038,138
  • 2022–23: 49,627,461
  • 2023–24: 51,223,309
Veterans Ombudsperson 4,465,311 4,815,993
  • 2021–22: 3,828,088
  • 2022–23: 4,427,448
  • 2023–24: 4,680,678
Subtotal 5,872,929,911 5,939,497,487
  • 2021–22: 5,282,417,346
  • 2022–23: 5,291,663,846
  • 2023–24: 5,894,696,527
Internal services 111,486,760 165,035,864
  • 2021–22: 123,974,450
  • 2022–23: 130,680,752
  • 2023–24: 158,369,676
Total 5,984,416,671 6,104,533,351
  • 2021–22: 5,406,391,796
  • 2022–23: 5,422,344,598
  • 2023–24: 6,053,066,203

Table 10: Planned three-year spending on core responsibilities and internal services (dollars)

Table 10 presents how much money we plan to spend over the next three years to carry out our core responsibilities and for internal services.

Core responsibilities and internal services 2024–25 planned spending 2025–26 planned spending 2026–27 planned spending
Benefits, Services and Support 6,035,584,079 5,974,669,549 5,453,670,414
Commemoration 52,432,284 43,284,287 40,572,794
Veterans Ombudsperson 4,853,337 4,877,565 4,948,923
Subtotal 6,092,869,700 6,022,831,401 5,499,192,131
Internal services 121,161,078 120,091,580 109,910,403
Total 6,214,030,778 6,142,922,981 5,609,102,534

Funding

This section provides an overview of our voted and statutory funding for its core responsibilities and for internal services. For further information on funding authorities, consult the Government of Canada budgets and expenditures.

Graph 1: Approved funding (statutory and voted) over a six-year period

Graph 1 summarizes our approved voted and statutory funding from 2021–22 to 2026–27.

For further information on our departmental voted and statutory expenditures, consult the Public Accounts of Canada.

Financial statement highlights

Our complete financial statements (unaudited or audited) for the year ended 31 March 2024, are available online.

Table 11: Condensed Statement of Operations (unaudited or audited) for the year ended 31 March 2024 (dollars)

Table 11.1 summarizes the expenses and revenues for 2023–24 which net to the cost of operations before government funding and transfers.

Financial information 2023–24 actual results 2023–24 planned results Difference (actual results minus planned)
Total expenses 6,055,821,683 5,991,649,591 64,172,092
Total revenues 11,023 11,023
Net cost of operations before government funding and transfers 6,055,810,660 5,991,649,591 64,161,069

The 2023–24 planned results information is provided in our Future-Oriented Statement of Operations and Notes 2023–24.

Table 11.2 summarizes actual expenses and revenues which net to the cost of operations before government funding and transfers.

Financial information 2023–24 actual results 2022–23 actual results Difference (2023–24 minus 2022–23)
Total expenses 6,055,821,683 5,433,337,917 622,483,766
Total revenues 11,023 5,656 5,367
Net cost of operations before government funding and transfers 6,055,810,660 5,433,332,261 622,478,399
Table 12: Condensed Statement of Financial Position (unaudited or audited) as of 31 March 2024 (dollars)

Table 12 provides a brief snapshot of our liabilities (what we owe) and assets (what we own), which helps to indicate its ability to carry out programs and services.

Financial information Actual fiscal year (2023–24) Previous fiscal year (2022–23) Difference (2023–24 minus 2022–23)
Total net liabilities 1,004,553,951 190,055,298 814,498,653
Total net financial assets 134,851,382 123,649,890 11,201,492
Departmental net debt 869,702,568 66,405,408 803,297,160
Total non-financial assets 11,353,621 10,165,811 1,187,810
Departmental net financial position (858,348,947) (56,239,597) (802,109,350)

Human resources

This section presents an overview of our actual and planned human resources from 2021–22 to 2026–27.

Table 13: Actual human resources for core responsibilities and internal services

Table 13 shows a summary of human resources, in full-time equivalents (FTEs), for our core responsibilities and for our internal services for the previous three fiscal years.

Core responsibilities and internal services 2021–22 actual FTEs 2022–23 actual FTEs 2023–24 actual FTEs
Benefits, Services and Support 2,739.9 2,603.4 2,675.6
Commemoration 68.9 76.2 84.0
Veterans Ombudsperson 31.8 33.9 33.3
Subtotal 2,840.6 2,713.5 2,792.9
Internal services 822.5 811.9 880.8
Total 3,663.1 3,525.4 3,673.7
Table 14: Human resources planning summary for core responsibilities and internal services

Table 14 shows information on human resources, in full-time equivalents (FTEs), for each of our core responsibilities and for our internal services planned for the next three years. Human resources for the current fiscal year are forecasted based on year to date.

Core responsibilities and internal services 2024–25 planned FTEs 2025–26 planned FTEs 2026–27 planned FTEs
Benefits, Services and Support 2,718.5 2,754.9 2,282.9
Commemoration 89.1 89.1 89.1
Veterans Ombudsperson 39.0 39.0 39.0
Subtotal 2,846.6 2,883.0 2,411.0
Internal services 885.1 866.1 791.6
Total 3,731.7 3,749.1 3,202.6

Corporate information

Supplementary information tables

The following supplementary information tables are available at the following links:

Federal tax expenditures

The tax system can be used to achieve public policy objectives through the application of special measures such as low tax rates, exemptions, deductions, deferrals and credits. The Department of Finance Canada publishes cost estimates and projections for these measures each year in the Report on Federal Tax Expenditures. This report also provides detailed background information on tax expenditures, including descriptions, objectives, historical information, and references to related federal spending programs as well as evaluations and GBA Plus of tax expenditures.

Definitions