Grants and Contributions Disclosure

On 21 October 2005, the Government announced its commitment to proactively disclose the awarding of grants and contributions over $25,000 as part of its Management Improvement Agenda.

This Web site provides information on grants and contributions awarded by Patented Medicine Prices Review Board.

Beginning on 31 May 2006, and every three months thereafter, the Grants and Contributions Web Page will be updated to include information on grants and contributions awarded in the previous fiscal year quarter.

The rules and principles governing government grants and contributions are outlined in the Treasury Board Policy on Transfer Payments. Transfer payments are transfers of money, goods, services or assets made from an appropriation to individuals, organizations or other levels of government, without the federal government directly receiving goods or services in return, but which may require the recipient to provide a report or other information subsequent to receiving payment. These expenditures are reported in the Public Accounts of Canada. The major types of transfer payments are grants, contributions and other transfer payments.

The Patented Medicine Prices Review Board does not provide grants and contributions and consequently has nothing to report in this regard.