ARCHIVED - Public Safety and Emergency Preparedness Canada

Name of Horizontal Initiative: Integrated Market Enforcement Teams (IMET) Program

Name of lead department(s): Public Safety Canada

Lead department program activity: Law Enforcement

Start date of the Horizontal Initiative: 2003-04

End date of the Horizontal Initiative: Ongoing

Total federal funding allocation (start to end date): $299,524,800 from 2003-04 through 2012-13 (includes the employee benefits plan and PWGSC accommodation costs).

Description of the Horizontal Initiative (including funding agreement): The objective of the IMET program is to effectively enforce the law against serious criminal capital market fraud offences in Canada. To achieve this objective, IMET is mandated to investigate serious Criminal Code capital market fraud offences that are of regional or national significance and threaten investor confidence or economic stability in Canada.

Shared outcome(s): Improved Canadian and international investor confidence in the integrity of Canada's capital markets.

Governance structure(s): The IMET Executive Council is composed of senior officials from the Royal Canadian Mounted Police (co-chair), Department of Finance (co-chair), the Office of the Director of Public Prosecutions, Department of Justice and Public Safety Canada who provide strategic oversight for the IMET program.

Planning Highlights: Federal IMET partners will continue to support the work of the IMET program, including identifying and implementing measures to improve the timeliness of IMET investigations and prosecutions.

Federal Partner: Public Safety Canada

Federal Partner Program Activity (PA)	Names of Programs for Federal Partners	Total Allocation (from Start to End Date)	Planned Spending for 2010-11
Law Enforcement	IMET	FY 2003-04 to FY 2007-08: $1,125,000	$408,790
		FY 2008-09 to FY 2012-13: $2,293,950
Total		$3,418,950	$408,790

Expected Results: Fulfillment of Public Safety Canada's IMET program management responsibilities, including coordinating reporting, evaluations, policy development and research.

Federal Partner: Royal Canadian Mounted Police

Federal Partner Program Activity (PA)	Names of Programs for Federal Partners	Total Allocation (from Start to End Date)	Planned Spending for 2010-11
Federal and International Operations	IMET	FY 2003-04 to FY 2007-08: $74,000,000	$30,968,817
		FY 2008-09 to FY 2012-13: $154,584,010
Total		$228,584,010	$30,968,817

Expected Results: Fulfillment of the RCMP's IMET prevention and investigation responsibilities, including the operation of the securities intelligence units (SIUs), investigative teams, headquarters operational support, and program management.

Federal Partner: Office of the Director of Public Prosecutions

Federal Partner Program Activity (PA)	Names of Programs for Federal Partners	Total Allocation (from Start to End Date)	Planned Spending for 2010-11
Regulatory offences and economic crime prosecution program	IMET	FY 2008-09 to FY 2012-13: $5,853,337 per year	$5,853,337
Total		$29,266,685	$5,853,337

Expected Results: Provision of pre-charged legal advice and litigation support, as well as prosecution of fraud offences under the Criminal Code in response to the workload generated by the IMETs.

*Prior to the establishment of the Office of the Director of Public Prosecutions (ODPP) in 2006, funding for this program activity was allocated to Justice Canada's Federal Prosecution Service. The amount shown excludes a transfer of $3.8M from Justice Canada to ODPP for the FY 2007-2008 following the creation of this organization.

Federal Partner: Department of Justice

Federal Partner Program Activity (PA)	Names of Programs for Federal Partners	Total Allocation (from Start to End Date)*	Planned Spending for 2010-11
1. Justice, Policies, Laws and Programs	IMET	FY 2008-09 to FY 2012-13: $10,775,780	$2,405,156
2. Services to Government	IMET	FY 2008-09 to FY 2012-13: $844,110	$168,822
3. Internal Services		FY 2008-09 to FY 2012-13: $113,425	$22,685
Total		$11,733,315	$2,596,663

*The Department of Justice received a total funding of $25.65M (excluding accommodation) for FY 2003-04 to 2007-08 and this excludes a transfer of $3.8M to ODPP for the FY 2007-2008 following the creation of this organization.

Expected Results:

1. Provincial Attorney General of IMET participating provinces are aware of and able to access the IMET Reserve Fund.

• Performance Indicators:
  1. number of applications and/or inquiries about the IMET Reserve Fund received;
  2. number of agreements signed and types of eligible expenditures funded.

• Targets:

All Provincial Attorneys General of IMET participating provinces are aware of the IMET Reserve Fund and the application procedure.

2. The International Assistance Group (IAG) provides legal advice on international assistance requests and coordinates all IMET requests to and from foreign countries. Once a request for mutual legal assistance has been executed, it is the responsibility of the RCMP, not the IAG, to monitor the outcome of the relevant investigation or prosecution for which the evidence was gathered.

3. Program support

Federal Partner: Finance Canada

Federal Partner Program Activity (PA)	Names of Programs for Federal Partners	Total Allocation (from Start to End Date)	Planned Spending for 2010-11
Economic and Fiscal Policy Framework	IMET	FY 2008-09 to FY 2012-13: $872,040	$172,393
Total			$172,393

Expected Results:

1: As Co-Chair of the IMET Executive Council and the Interdepartmental Working Group, Finance Canada is to provide strategic direction to the IMET program that reflects the Government of Canada's broader capital markets agenda.

2: Finance Canada is to provide leadership in engaging external stakeholders in efforts to enhance program performance, including opportunities to strengthen the continuum of enforcement.

Total Allocation For All Federal Partners (from Start to End Date)	Total Planned Spending for All Federal Partners for 2010–11
$299,524,800*	$40,000,000

Contact information:
Barry MacKillop
Director General
Law Enforcement and Border Strategies
Public Safety Canada

(613) 991-4281

*Total federal funding allocation of $299,524,800 from 2003-04 through 2012-13, includes the employee benefits plan and PWGSC accommodation costs.