On June 7, 2007, Treasury Board Ministers approved the
Policy on Investment Planning. This policy replaces the
Policy on Long-term Capital Plans for departments and agencies listed in Section 2 of the
Financial Administration Act. This policy is a significant change in how government carries out investment planning. As a result, Treasury Board Secretariat is adopting a four-year phased implementation approach that will begin with a group of departments that have agreed to participate in an 18-month pilot. Following this pilot, groups of departments will be brought on board so that, by April 1, 2011, departments and agencies will have the systems and processes in place to meet the policy requirements.
