Term: Fiscal Year (FY)

Glossary Definition

Last Updated: 2009-03-09

Definition:

For most Canadian government agencies and health care institutions, the fiscal year is defined as starting April 1 and ending the following year at March 31. For example, the 2005/06 fiscal year would be April 1, 2005 to March 31, 2006, inclusive and may also be denoted as FY 2005.

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