Who is receiver general

Statistics for receiver general Look-up Popularity. Style: MLA. Get Word of the Day daily email! Test Your Vocabulary. Test your vocabulary with our question quiz! Love words? Need even more definitions? They are not stale-dated. Each day, a section within the Department of Public Services and Procurement, called the Accounting, Banking and Compensation branch, reconciles all fund flows in and out of this fund.

Outflows happen after departments tell the Receiver General who should be paid for what. Generally, the funds in the Consolidated Revenue Fund are held in cash. These days, however, the government is borrowing, so the BoC works closely with government to ensure sufficient levels in the Consolidated Revenue Fund. We pay amounts owed to Canadian citizens and businesses in Canada and around the world.

Payments can be in Canadian funds or in one of many other currencies. Direct deposit is a faster, more convenient and secure way to receive payments from the government. Is anything in this article factually incorrect? Please submit a comment. Printer-friendly page Receiver General by Louis P. References: Beverley W. Bond Jr. Robert J. Cain, ed. Precolonial period pre