Grant and contribution program
(S) Payments to International Financial Institutions - Direct payments (International Development (Financial Institutions) Assistance Act)
Department of Foreign Affairs, Trade and Development · International affairs and development
In fiscal year 2023–24, Department of Foreign Affairs, Trade and Development paid out $240 million under (S) Payments to International Financial Institutions - Direct payments (International Development (Financial Institutions) Assistance Act). That is $8.02 per tax filer.
Headline figures
Fiscal year 2023–24
$240M
Per tax filer uses 29,965,100 tax filers (2023); per person uses a population of 40,022,704 (2023). An allocation of cost, not a tax bill.
Largest recipients
The largest named recipients of payments reported under this program in 2023–24. Location is the recipient's address, which is not always where the money is spent. Recipient payments can differ slightly from the program total above because the Public Accounts report them separately.
| Recipient | Location | Paid | Per tax filer |
|---|---|---|---|
| African Development Bank | Tunis, Tunisia | $123M | $4.11 |
| World Bank | Washington, District of Columbia | $36.5M | $1.22 |
| Asian Development Bank | Manila, Philippines | $30.1M | $1.01 |
| International Fund for Agricultural Development | Rome, Italy | $25.0M | $0.83 |
| Caribbean Development Bank | Saint Michael, Barbados | $20.4M | $0.68 |
| Multilateral Fund for the implementation of the Montreal Protocol | Nairobi, Kenya | $5.1M | $0.17 |
| Payments under $100,000 (2) | Location not stated | $53K | <$0.01 |
Source and basis
- Detailed information on Transfer Payments, as per the Public Accounts of Canada, retrieved 2026-11-03. Open Government Licence - Canada.
- Recipients: Detailed information on Transfer Payments, as per the Public Accounts of Canada.
- Net expenditures of this transfer payment program in the Public Accounts. It overlaps with program spending, so do not add the two.
← All international affairs and development spendingHow the figures are calculated