Debt Management

The Debt Management Branch of Provincial Treasury issues and manages the province’s debt. Management of the province’s debt portfolio is overseen by a Risk Committee to ensure that liability management is based on sound financial principles and is conducted in a prudent manner, balancing costs and risks within acceptable control standards. The Risk Committee is comprised of the Deputy Minister of Finance, the Deputy Minister of Environment, the Assistant Deputy Minister, Provincial Treasury, and two external members from the financial and academic community.

The Risk Committee sets risk policies and parameters for compliance by the Debt Management Branch, including portfolio management authority matrix, term structure of debt, floating rate exposure, foreign currency exposure, liquidity risk, authorized derivative transactions and counterparty credit exposure.