Core Business Areas

The ministry has eight core business areas and one other appropriation, each of which has specific responsibilities for the provision of programs and services to achieve its goals and objectives.

1. Crown Agencies Secretariat

Develops and implements a framework for government's management of its Crown corporations and provides advice, information and services to enhance good governance practices and accountability for results. This area is supported by $1.604 million and 10 FTEs.

2. Treasury Board Staff

Provides fiscal and economic policy analysis and advice that supports the achievement of balanced budgets, an affordable debt strategy that incorporates operating and capital needs to help government achieve the Five Great Goals, and a credible and well managed fiscal plan that sustains cost-effective quality public services within a strong and competitive environment. This area is supported by $6.376 million and 55 FTEs.

3. Office of the Comptroller General

Assures the accuracy and integrity of provincial public sector financial reporting and maintains a framework of best practices, including internal audit, procurement, financial and management practices. This area is supported by $8.155 million and 134 FTEs.

4. Treasury

Provides British Columbians with the benefits of cost-effective cash and debt management and banking services, resulting in lower expenditures and improved online government services through electronic banking support. Recoveries are from ministries, government bodies and other organizations receiving those services. This area is resourced through a fully cost-recovered model with the support of 75 FTEs.

5. BC Registry Services

Provides British Columbians with improved online government services through electronic registries services, including the Corporate Registry, OneStop Business Registry, Personal Property Registry and Manufactured Home Registry. This area also facilitates the creation and registration of all business entities, non-profit societies and co-operatives that operate in British Columbia. This area is led by Registries and resourced through a fully cost-recovered model with the support of 50 FTEs.

6. Strategic and Corporate Policy

Provides effective financial and corporate sector regulation, sound and equitable federal-provincial fiscal relations and competitive tax policy. This includes providing analysis and advice on federal-provincial fiscal relations, improving the legislative and policy framework for financial, real estate and corporate sectors, improving the fairness and competitiveness of the provincial tax system and coordinating the ministry's non-budget legislative process. This area is led by Strategic and Corporate Policy and Financial Institutions Commission and is supported by $2.980 million and 126 FTEs.

7. Public Sector Employers' Council Secretariat

Fosters an efficient and effective workforce through the coordination of public sector labour relations policies and practices and establishes an affordable negotiating framework for public sector compensation and ensures compliance with it. This area is led by the Public Sector Employers' Council Secretariat and affiliated Employers Associations and is supported by $15.879 million and 13 FTEs.

8. Executive and Support Services

Provides strategic leadership and corporate support services that contribute to the success of all core business areas. This area is supported by $19.559 million and 169 FTEs.

Insurance and Risk Management

Reduces accidental and business losses in the provincial public sector through the development of comprehensive risk management and self-insurance programs. This area is led by the Risk Management Branch, which recovers all of its expenses from clients, and is supported by 49 FTEs.

An overview of the ministry IRMP is available on the ministry website at: http://www.fin.gov.bc.ca/serviceplan/irmp.htm.