The Capital Asset Management Framework (CAMF) describes government objectives and policies for planning and managing publicly-funded capital assets such as schools, hospitals and highways. It covers the following: the roles and responsibilities of various levels of government involved in capital asset management; minimum standards agencies for planning and managing assets; the province s policy approach to oversight, including the approval and reporting requirements that may apply, based on agencies or projects risk profiles; capital-related budget processes; and standards for both alternative and traditional asset procurement.