Financial Services

We oversee essential financial functions, including financial controls, transactions, reporting, cash management, investments, debt management, and long-term financial planning. 

Our team ensures Peel Region’s fiscal health through strategic management and responsible stewardship.

Our distinct financial service groups support Peel’s economic growth and sustainability.

• Accounting Services acts as the Corporation's shared service centre for Accounts Payable (vendor payments and employee reimbursements), Accounts Receivable (general invoicing excluding water bills), General Ledger support, Annual external audit and financial reports, and management reporting.
• Business and Capital Planning is responsible for fiscal planning, budgeting (both current and capital), reserve management, performance analysis, 3- and 10-year financial plans, financial policy compliance, etc.
• Development Financing is responsible for development charges, growth management, and the coordination of the Regional Financial Model supporting the Regional Official Plan.
• Enterprise Asset Management is an integral part of Peel’s strategic and long-term planning practices. It’s responsible for internal reporting supporting the Capital Planning process and public reporting to demonstrate transparency, as well as achieving Council approved levels of service and meeting regulatory requirements.
• Finance Systems Development and Support leads the sustainability and integrity of all financial systems within the Finance Department, including developing a Finance Technology Plan and maintaining an inventory of systems. Additionally, it provides functional training, support, and planning for system improvements, along with training for PeopleSoft Financials (Purchasing) users after major updates, ensuring clients stay updated and proficient with the latest functionalities.
• Financial Planning and Strategic Analysis provides financial and economic analysis and policy development activities at the corporate level and serves as a liaison with external organizations. Activities include economic research, benchmarking and performance measurement, and intergovernmental affairs.
• Financial Policy and Taxation is responsible for Peel Region’s property taxation program, tax policies, and administration of the Canada Community Building Fund program.
• Loss Management and Insurance Services (LMIS) is responsible for purchasing insurance for Peel Region; for claims and litigation management; loss control surveys; risk assessments and provision of insurance certificates.
• Treasury oversees Peel Region's debt management program including investor relations, investment program, cash management and banking services, providing risk management and strategic advice across the various programs to support long-term fiscal sustainability and financial flexibility.