Mr. André Lapointe at the Transport, Infrastructure and Communities Committee

On February 24th, 2016. See this statement in context.

February 24th, 2016 / 4:50 p.m.

Assistant Deputy Minister and Chief Financial Officer, Corporate Services, Transport Canada, Department of Transport

For 2014-15 for Transport, our carry-forward.... It's essentially not money returned to the treasury. It's money that we get to use in the following year. We have a limit. It's about 5% of our budget year over year. In 2014-15, that limit was about $30 million, and we actually carried forward $15 million to $16 million.

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