Well, exactly. You get a budget—voted authorities, as we call it—and any amount that's not spent will become a lapsed amount.
The amount of the lapse in the last fiscal year was $54.2 billion.
On November 23rd, 2023. See this statement in context.
November 23rd, 2023 / 12:10 p.m.
Comptroller General of Canada, Treasury Board Secretariat
Well, exactly. You get a budget—voted authorities, as we call it—and any amount that's not spent will become a lapsed amount.
The amount of the lapse in the last fiscal year was $54.2 billion.
See context to find out what was said next.