Order Amending Part III of Schedule VI to the Financial Administration Act: SOR/2021-7
Canada Gazette, Part II, Volume 155, Number 4
Registration
SOR/2021-7 February 1, 2021
FINANCIAL ADMINISTRATION ACT
P.C. 2021-24 January 29, 2021
His Excellency the Administrator of the Government of Canada in Council, on the recommendation of the Minister for International Trade, pursuant to paragraph 3(10)(b) footnote a of the Financial Administration Act footnote b, makes the annexed Order Amending Part III of Schedule VI to the Financial Administration Act.
Order Amending Part III of Schedule VI to the Financial Administration Act
Amendment
1 Part III of Schedule VI to the Financial Administration Act footnote b is amended by adding the following in alphabetical order:
| Column I Department |
Column II Accounting Officer |
|---|---|
| Invest in Canada Hub Investir au Canada |
Chief Executive Officer |
Coming into Force
2 This Order comes into force on the day on which it is registered.
REGULATORY IMPACT ANALYSIS STATEMENT
(This statement is not part of the Order.)
Issues
Under the Financial Administration Act, as amended by the Federal Accountability Act, deputy ministers and heads of agencies are to be identified as accounting officers with the duty to account for conduct of their statutory and delegated management responsibilities before committees of Parliament.
At the time of the Invest in Canada Hub's creation (March 12, 2018), the chief executive officer (the deputy head) was not identified in Schedule VI of the Financial Administration Act as an accounting officer.
Objective
To clarify the accountability of the chief executive officer as the departmental corporation's accounting officer.
Description
Part III of Schedule VI of the Financial Administration Act has been amended to designate Invest in Canada Hub's chief executive officer as its accounting officer.
Regulatory development
Consultation
Due to the corrective and administrative nature of the amendment, public consultations and prepublication were not warranted.
Modern treaty obligations and Indigenous engagement and consultation
It is not expected that Indigenous peoples will be impacted by the amendment in relation to rights protected by section 35 of the Constitution Act, 1982, modern treaties and international human rights obligations.
Instrument choice
No other regulatory or non-regulatory options were considered, as this is an administrative correction to the Financial Administration Act. The Invest in Canada Hub could have maintained the baseline scenario, but that would limit the accountability attached to the chief executive officer as the accounting officer.
Regulatory analysis
Benefits and costs
There are no costs associated with this administrative amendment. The amendment to the Financial Administration Act clarifies the accountability of Invest in Canada Hub's chief executive officer as its accounting officer.
Small business lens
The amendment has no impact on business. Accordingly, the small business lens does not apply.
One-for-one rule
The one-for-one rule does not apply to the amendment, as there is no change in administrative costs to business.
Regulatory cooperation and alignment
The amendment is not related to a work plan or commitment under a formal regulatory cooperation forum.
Strategic environmental assessment
In accordance with the Cabinet Directive on the Environmental Assessment of Policy, Plan and Program Proposals, a preliminary scan concluded that a strategic environmental assessment is not required.
Gender-based analysis plus
No gender-based analysis plus (GBA+) impacts have been identified for this amendment.
Implementation, compliance and enforcement, and service standards
Implementation
The addition of the Invest in Canada Hub and its chief executive officer to Schedule VI of the Financial Administration Act will come into force on the day on which it is registered.
Contacts
Lina Seto
Corporate Governance Advisor
Invest in Canada Hub
Telephone: 613‑406‑2451
Email: lina.seto@invcanada.ca
Marie-Josée Wood
Senior Policy Advisor
Investment Promotion
Global Affairs Canada
Telephone: 613‑219‑7296
Email: marie-josee.wood@international.gc.ca