About Manitoba Finance
Manitoba Finance is responsible for managing the province's fiscal and financial resources, allocating funds to other governmental departments and promoting an open government and engaged Manitobans.
Our Vision: A strong and thriving Manitoba
Our Mission: Helping to make Manitoba prosperous and safe to live, work and invest.
Our Values:
• Responsible stewards of public data, funds and information
• Impartial, reliable, open services
• Foster awareness, understanding and collaboration
• Ethical, professional, diverse and inclusive
Finance Divisions and Treasury Board Secretariat:
Other Reporting Entities and Organizations Accountable to the Minister:
Manitoba Securities Commission / Financial Institutions Regulation Branch
Resources:
Manitoba Tax Assistance Office
Financial Literacy Resource Website
The Information and Privacy Policy Secretariat
- The Central Finance Division is responsible for ensuring Manitoba Finance is operating in a manner that is transparent, controlled, and in-line with government mandates and financial policies.
- Shared financial services and budget oversight for various departments, including Finance, Executive Council, Public Service Commission. This includes corporate revenue for taxes and federal transfers
- Centralized administrative functions related to accounts payable, bank reconciliation, and payroll services for all of government.
- Distribution and utilization of supported departments’ budgets and FTEs, and ensures a continuous and accurate flow of funds throughout the departments.
- Supports Senior Leaders in their efforts of making informed decision-making, and that Manitoba Finance and other departments effectively execute on government’s priorities.
- Responsible for internal and external communications, media relations, advertising, public engagement, digital content and supporting communications planning and strategy.
- Processes requests for access to information and supports departments in fulfilling their privacy requirements under The Freedom of Information and Protection of Privacy Act (FIPPA)
- Grows awareness and understanding of government programs, services and policies with Manitobans.
- Builds trust in government by promoting openness and transparency.
- Encourages active participation and involvement in the decision-making processes.
- CED is the bridge between the government and Manitobans, making sure the public understands how government impacts them, is accountable to them and listens to them. We’re committed to engaging Manitobans and delivering exceptional service.
- Provides policy analysis, advice and recommendations on major projects and initiatives that aligns with government objectives including governance and accountability management functions.
- Provides centralized support including coordination of department-wide strategic planning, reports, performance measures, central government requests, departmental employee engagement, advance reconciliation, and diversity and inclusion.
Finance Policy and and Research
- Provides research, technical and analytical support in respect of national and provincial fiscal and economic matters and intergovernmental finance relations, including cost-shared programs.
- Administers fiscal arrangements and tax collection agreements with the Federal Government as well as tax credit programs with the federal government and municipalities.
- Administers provincial taxes and programs, guided by minimizing tax compliance costs for businesses and government.
- Develops and distributes public tax information to protect revenue by promoting voluntary compliance.
- Monitors for compliance with provincial tax legislation through audit and special investigations, taking applicable enforcement action where necessary.
- Manages and administers the cash resources, borrowing programs, and all investment and debt management activities of the government.
- Provides analytical support to the Treasury Board in fulfilling its responsibilities for fiscal management, program and organizational review, including the integration of policy decisions with the longer term fiscal plans of government.
- Analyzes and monitors program performance measures and the fiscal position of the Government of Manitoba and plans and co-ordinates the budgetary process.
- Undertakes strategic initiatives and targeted program reviews and co-ordinates the use of balanced scorecards across government.
- Establishes and oversees corporate comptrollership and financial management policies for government.
- Provides internal audit and advisory services to government departments and agencies relating to internal controls. Prepares the Summary Public Accounts for summary government in accordance with Public Sector Accounting Standards.
- Evaluates and oversees accounting and financial management policies and systems across government to effectively deliver summary financial statements that reflect the actual financial position of the Government of Manitoba.
Manitoba Securities Commission
- Protects Manitoba investors and facilitates dynamic and competitive capital and real estate markets to promote economic development while fostering public confidence in those markets.
- Provides a regulatory framework for the insurance sector, trust and loan companies, credit unions and caisses populaires, and cooperatives operating in Manitoba.
Financial Institutions Regulation Branch
- Regulates financial institutions and cooperatives in Manitoba.
- Reviews and approves the corporate legal documents for credit unions, caisses populaires and cooperatives.
- Maintains a legal registry for credit unions, caisses populaires, cooperatives and insurance companies.
- Mediates disputes between consumers, agents, adjusters and insurance companies; as well as member disputes with their credit union, caisse populaire or cooperative.
- Authorizes trust and loan companies to operate in Manitoba.
- MBS works with the Manitoba government's departments and agencies to address specific information requirements.
Manitoba Tax Assistance Office
- Informs and assists residents of Manitoba on the Manitoba income tax and tax credit programs.
- Monitors all claims to ensure accuracy, corrects inaccurate claims and recovers ineligible amounts previously claimed by taxpayers.
Manitoba Government Inquiry
204-945-3744
1-866-MANITOBA
(1-866-626-4862)
- Investor Relations:
Investor Relations Presentation – June 2024