Part IIOrderPublished: February 17, 2021

Invest in Canada Hub CEO as Accounting Officer

Order Amending Part III of Schedule VI to the Financial Administration Act: SOR/2021-7

This order adds the chief executive officer of Invest in Canada Hub to Part III of Schedule VI of the Financial Administration Act, formally designating the CEO as the agency’s accounting officer. The change clarifies who must account to Parliament for the Hub’s management and took effect on February 1, 2021.

Published
February 17, 2021
Department
Unavailable
Section
FINANCIAL ADMINISTRATION ACT
Comment deadline
Unavailable
Effective date
February 1, 2021
Publication part
Part II

Summary

Summary#

This Order adds the chief executive officer of Invest in Canada Hub to Part III of Schedule VI of the Financial Administration Act. It makes the CEO the official accounting officer for the agency, clarifying who answers to Parliament. The Order came into force on February 1, 2021.

What it does#

  • Names the chief executive officer of Invest in Canada Hub as the agency’s accounting officer in Part III of Schedule VI of the Financial Administration Act.
  • Clarifies that the CEO is the person who must account for the Hub’s management responsibilities before committees of Parliament.
  • The change is described as an administrative correction. No public consultation or cost to business was required, according to the notice.
  • The amendment took effect on the day it was registered: February 1, 2021.

Who's affected#

  • The chief executive officer of Invest in Canada Hub — they are now formally the accounting officer.
  • Invest in Canada Hub as an organization — its internal accountability is clarified.
  • Parliamentary committees — they deal with accounting officers when reviewing departmental management.
  • The notice says small businesses and Indigenous peoples are not expected to be affected.

Why it matters#

  • It makes it clear who is responsible for answering questions about the Hub’s management and finances to Parliament.
  • That clarity can improve transparency and make it easier for Parliament to hold the agency’s leader to account.
  • The change is administrative only; the government says it has no cost or direct effect on businesses or the public.

Key topics

Financial Administration ActPart III of Schedule VIInvest in Canada Hubchief executive officeraccounting officerParliamentary accountabilityGlobal Affairs CanadaMinister for International Tradeadministrative correctionpublic sector accountability

Source: Canada Gazette

Official source