IP = Investment Plan http://www.tbs-sct.gc.ca/pol/doc-eng.aspx?id=18225
The departmental investment plan is a high-level strategic document that defines the direction, capacity and commitments of a department with respect to its investment in assets and acquired services. The plan must clearly set out departmental priorities and strategies for the upcoming five-year period, and outline a three-year investment function that meets the needs of the department within available resources. Plans must also include sufficient information on planned projects to support an informed decision by Treasury Board Ministers as to which projects would warrant their consideration over the planning horizon.
The investment plan must demonstrate that a strong regime for planning, decision-making and governance exists, which is the basis for Treasury Board approval of a department's expenditure authority. Departments need to demonstrate investment planning capacity and the risk and complexity of investment-based projects within the investment period.