Federal revenue, property, money losses spike to $534.2-million in 2022-23

An inverse of the previous year's trends, lost public property cases were down in 2022-23, but the associated costs were higher, with 17,400 cases valued at $236.6-million.

Treasury Board President Anita Anand tabled the 2022-23 Public Accounts in the House on Oct. 24. The Hill Times photograph by Andrew Meade

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BY LAURA RYCKEWAERT

November 15, 2023

The federal government’s recorded losses of public revenue, money, and property reached a five-year high last year, hitting $534.2-million, with the most notable year-over-year spike seen in lost or stolen public property, as detailed in the 2023 Public Accounts.

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