The federal agency created last August to consolidate the government's IT infrastructure plans to spend more than $1.47 billion in its first full fiscal year, according to recently published federal documents.
The figure is contained in the Treasury Board Secretariat's 2012-13 estimates, which contains broad expense plans for departments and agencies across the federal government.
Almost half that amount is allocated for in-house salaries. A further $466.52 million will be spent on professional services fees and commissions, the documents show.
The first priority of Shared Services Canada is reportedly to move more than 100 government e-mail systems into just one.
Future projects include streamlining electronic networks within and between government departments and consolidating 308 data centres into fewer than 20.
Last fall, the Canadian Press reported that an internal government study concluded the data centre initiative would cost $278 million in new spending.