Government Finances

Learn how the Province of British Columbia manages government spending.

Office of the Comptroller General

The Office of the Comptroller General is the central agency responsible for the overall quality and integrity of the government's financial management and control systems.

Provincial Treasury

Provincial Treasury looks after the Province's borrowing and financing needs, and manages banking and cash. Their services are extended to B.C. government ministries, Crown corporations and some public sector agencies.

Banking & cash management

Provincial Treasury is responsible for the banking infrastructure and services that enable government to complete financial transactions with citizens, customers, vendors and employees. They provide payment processing services to B.C. government ministries and some public sector agencies, as well as maintain security and compliance standards for financial transactions. Provincial Treasury also manages the cash and investments of the Consolidated Revenue Fund. Ministries can access internal banking and cash management resources (government access only).

Debt management

Provincial Treasury borrows money to meet the financial requirements of the public sector at the least cost and risk, as well as manages the liability portfolio. See an overview of the Province's debt, borrowing programs and credit ratings.

Risk management

Resident in Provincial Treasury are the Government Chief Risk Office and Government Security Office, central agencies for ministries and broader public sector.

Treasury Board Staff

Treasury Board Staff is responsible for developing and reviewing government's economic and fiscal policies. It provides analysis and advice to Treasury Board and to the Minister of Finance.

Public Accounts

The Public Accounts include the Province of British Columbia’s audited financial statements and other key financial information for the past fiscal year.

Provincial Debt Overview

Debt represents funds the Province of British Columbia has borrowed to finance government operations and capital projects, such as the building and maintenance of schools, hospitals, roads and other capital assets.