No. If you look at the reporting framework we have federally, it starts with the budget, and then to wrap up the year we do the public accounts on an annual basis. From an interim perspective, the Department of Finance produces the fiscal monitor on a monthly basis. But that's a whole of government level. The issue here is this is the way to report back to Parliament, on a departmental level, on how departments are doing with their appropriations in terms of what Parliament authorized. So it's a new requirement to do quarterly reporting for each of the first three quarters of the year. We're not requiring it for the fourth quarter because there already is substantial year-end reporting by departments and crown corporations.
On October 27th, 2009. See this statement in context.