Department of Finance Canada

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90 Elgin St
Ottawa, ON K1A 0G5
The Department of Finance Canada (Finance Canada) is responsible for the development of financial policies and provides advice and consultation to the federal government.

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Department of Finance Canada
Exterior of the Department of Finance's James Michael Flaherty building  

Recognized as one of National Capital Region's Top Employers (2022):

Mediacorp Canada Inc. staff editors (Jan 31, 2022)

Here are some of the reasons why Department of Finance Canada was selected as one of National Capital Region's Top Employers (2022):

  • Department of Finance supports a dedicated wellness committee that aims to build awareness of workplace well-being, as well as wellness champions who are responsible for leading activities and promoting awareness within each of their respective branches
  • As part of the organization's commitment to diversity and inclusion, the Department of Finance established an anti-racism champion as well as an anti-racism committee, dedicated to carrying forward the Clerk of the Privy Council's recent call to action on system racism
  • Department of Finance helps employees plan securely for the future with contributions to a defined benefit pension plan, retirement planning assistance and health benefits that extend to retirees (with 48 per cent premium coverage and no age limit) -- and offers a pre-retirement transition leave option for those within two years of retirement
Department of Finance employees host a virtual town hall event  

Highlights

Industry Federal government, general economic programs
Established in Canada 1867
Major Canadian hiring locations Ottawa ON
Full-time employees in Canada 780
Part-time employees in Canada 7
Average age of employees in Canada 41 years
Longest serving employee 38.6 years
Benefits note Department of Finance has multiple employee groups, the following programs and policies may vary by position
Long-term savings defined-benefit (DB) pension
Flexible work options flexible work hours, shortened work week (fewer hours with less pay), compressed work week, telecommuting
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Employee performance reviews employees receive individual performance reviews every 6 months
In-house training initiatives apprenticeship/skilled trades programs, in-house training, online training, leadership training, mentoring, paid internships
Related tuition subsidies employer covers up to 50% of tuition per year
Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 1 paid day)

COVID-19

Pandemic response sent computer screens and printers to employees who required them to work from home (employees could arrange for pick up or delivery of equipment as needed), allowed employees to purchase additional furniture to enhance home office set-up, provided ergonomic tip sheets, dedicated page for COVID-19 updates and resources, offered guidance and strategies for staying mentally and physically healthy and created a dedicated page for wellness (with tools on living to help adapt to living in a pandemic)

Recognized as one of Canada's Top Employers for Young People (2022):

Mediacorp Canada Inc. staff editors (Jan 17, 2022)

Here are some of the reasons why Department of Finance Canada was selected as one of Canada's Top Employers for Young People (2022):

  • Department of Finance manages an economics and social sciences development program targeted towards junior-level employees -- the program includes work assignments, coaching and a combination of formal and informal training to help participants transition to roles in economic, financial and taxation policy, among others -- additionally, the organization offers similar programs for human resources, access to information and privacy officers, internal auditors, and procurement and contracting officers
  • Young staff at the Department of Finance can learn from their peers as well as professionals from other federal departments through the Finance Young Professional Network -- past events and activities include panel discussions on topics of interest for young professionals, spearheading charitable campaigns, pub nights, and picnics
  • The Finance Young Professional Network also manages a dedicated buddy program to guide new hires through the onboarding process and help them build connections across the organization -- the EX buddy system was also introduced in 2021, matching early-career employees with experienced executive employees
Employees at Department of Finance showed support for mental health awareness during the 'Bell Lets Talk' campaign last year  

Highlights

Industry Federal government, general economic programs
Major Canadian hiring locations Ottawa ON
Full-time employees in Canada 780
Student opportunities summer jobs, co-op opportunities, paid internships
In-house training programs orientation program, in-house training, online training, mentoring, leadership training, apprenticeship/skilled trades programs
Related tuition subsidies employer covers up to 50% of tuition per year
Unique training and development opportunities economics and social sciences development program (similar programs for HR, access to information and privacy officers, internal auditors, and procurement and contracting officers), Employee Development Committee, experiential learning (micro-missions, job shadowing, site visits), temporary Interchange Canada assignments, international assignments on Canadian Missions in New York, Washington, United Kingdom, China as well as partners like the IMF and World Bank, in-house speakers series with prominent international and Canadian business leaders
Additional highlights participates in the Federal Student Work Experience Program, FIN Ideas Hub Exchange (informal exchanges to share perspectives on various policy topics)
Dedicated employee resource group Finance Young Professional Network (organizes social activities and professional development events and manages a buddy program for new employees)
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

Recognized as one of Canada's Best Diversity Employers (2022):

By Kristina Leung and Stephanie Leung, Mediacorp Canada Inc. staff editors (Mar 7, 2022)

Here are some of the reasons why Department of Finance Canada was selected as one of Canada's Best Diversity Employers (2022):

  • In December 2020, the Department of Finance established an Anti-Racism Champion, responsible for leading an anti-racism committee -- the committee's mandate is to carry forward the Deputy Minister Commitments on Diversity and Inclusion and the Clerk’s Recent Call to Action on systemic racism, and to develop a sustainable action plan to promote inclusion for all
  • Department of Finance's diversity champion launched FIN Builds, an initiative aimed at identifying reasons behind women's underrepresentation in leadership positions in the department -- a working group completed a diagnostic piece, held candid conversations across the organization to better understand its culture, and is working to launch a pilot leadership development program for a small group of women
  • Department of Finance utilizes gender-based analysis plus (GBA+) to help ensure that the development of policies, programs, and legislation includes consideration of differential impacts on diverse groups of genders
Employees at the Department of Finance participated in a mental health awareness session in 2019  

Highlights

Industry Federal government, general economic programs
Major Canadian hiring locations Ottawa ON
Full-time employees in Canada 780
Management of diversity and inclusion initiatives Diversity Champion (held by an assistant deputy minister), anti-racism committee (led by the Anti-racism Champion), diversity action plan covers recruitment and staffing practices, workforce analysis, inclusive workplace, communications, accountability and leadership and a supportive workplace, gender-based analysis plus (GBA+) committee to help ensure that policies, programs and legislation include consideration of differential impacts on diverse groups of women and men
Performance management and accountability tracks employment equity data through self-identification questionnaires and reports on a quarterly basis (self-identification rate of over 93%)
Recruitment initiatives hiring managers completed unconscious bias training in advance of the university recruitment campaign
Retention and development programs launched the FIN Builds initiative to identify reasons behind women's underrepresentation in leadership positions in the department (and is piloting a leadership development program for a small group of women)
Training and awareness initiatives mandatory introductory course on GBA+, analysts receive GBA+ training sessions to help improve their understanding, how it applies to their everyday work, and how to perform GBA+ through department-relevant practice examples), organizes activities for mental health week, language training and language buddy program
Diversity highlights launched a Diversity Blog in 2018 to share information, resources, and interesting facts related to diversity and inclusion (previous posts include a profile on a public servant who is a survivor of the Sixties Scoop, tips on how to maintain a safe working space for LGBTQ2+ employees, Black History Month, Sikh history and heritage, and challenging anti-Asian sentiments)

The Career Directory

Department of Finance Canada has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.
Department of Finance's Youth Professional Network hosts a speed networking event with senior leaders

Highlights for New Grads

Industry Federal government, general economic programs
Full-time employees in Canada 751 to 1,000
Major Canadian hiring locations Ottawa ON
Student opportunities paid internships, summer jobs, co-op opportunities
Training subsidies for professional accreditation, orientation program, online training, in-house training, mentoring, leadership training
Tuition subsidies (related to job) yes
Starting salary $55K to $60K
Work benefits flexible work hours, telecommuting, employees receive paid time off to volunteer, (up to 1 paid day)
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

Academic fields recruited

  • Master of Arts
    • Economics
  • Master of Business Administration
    • Finance

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