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Consolidated Financial Information for Crown Corporations
(Third Quarter 2020-2021; in thousands of dollars)

OrgID Crown corporation Type of Crown corporation
table 1 note 1		 Financial year-end
table 1 note 2		 Reporting period Total assets
table 1 note 3		 Total liabilities
table 1 note 4		 Total equity
table 1 note 5		 Appropriations
table 1 note 6		 Revenues (third parties)
table 1 note 7		 Total revenues
table 1 note 8		 Total expenses
table 1 note 9		 Net income (loss)
table 1 note 10		 Total comprehensive income (loss)
table 1 note 10		 Borrowings
table 1 note 11		 Dividends
table 1 note 12		 Accounting standard
table 1 note 13		 Published
table 1 note 14
13 Atlantic Pilotage Authority Enterprise 31-Dec Period Ended Sept-30 23,055 10,167 12,888 0 19,074 19,074 19,781 (707) (707) 4,441 0 IFRS Yes
14 Atomic Energy of Canada Limited Consolidated 31-Mar Period Ended Dec-31 1,435,786 8,532,554 (7,096,768) 583,440 72,275 655,715 715,669 (59,954) (59,954) 0 0 IFRS Yes
15 Bank of Canada Enterprise 31-Dec Period Ended Sept-30 533,040,900 532,443,400 597,500 0 1,881,700 1,881,700 460,700 1,421,000 1,293,100 0 0 IFRS Yes
20 Business Development Bank of Canada Enterprise 31-Mar Period Ended Dec-31 35,881,844 19,531,192 16,350,652 0 1,529,162 1,529,162 1,157,660 371,502 (55,055) 18,434,625 0 IFRS Yes
29 Canada Council for the Arts Consolidated 31-Mar Period Ended Dec-31 609,303 190,034 419,269 342,927 14,351 357,278 324,980 32,298 32,298 0 0 PSAS Yes
30 Canada Deposit Insurance Corporation Enterprise 31-Mar Period Ended Dec-31 6,540,453 2,785,155 3,755,298 0 622,398 622,398 346,791 275,607 275,607 0 0 IFRS Yes
31 Canada Development Investment Corporation Enterprise 31-Dec Period Ended Sept-30 10,475,438 10,178,558 296,880 0 437,670 437,670 468,065 (30,395) (28,491) 8,075,000 IFRS Yes
Canada Infrastructure Bank Consolidated 31-Mar Period Ended Dec-31 1,241,281 15,949 1,225,332 260,386 16,353 276,739 126,848 149,891 149,891 0 0 IFRS Yes
40 Canada Lands Company Limited Enterprise 31-Mar Period Ended Dec-31 1,179,219 537,148 642,071 0 69,640 69,640 103,415 (33,775) (33,775) 464,780 10,000 IFRS Yes
42 Canada Mortgage and Housing Corporation Enterprise 31-Dec Period Ended Sept-30 303,227,000 287,196,000 16,031,000 3,520,000 6,166,000 9,686,000 8,525,000 1,161,000 1,418,000 275,758,000 0 IFRS Yes
43 Canada Pension Plan Investment Board N/A 31-Mar Period Ended Dec-31 578,491,000 102,747,000 475,744,000 0 70,143,000 70,143,000 2,631,000 67,512,000 67,512,000 0 0 IFRS Yes
44 Canada Post Corporation Enterprise 31-Dec Period Ended Sept-26 11,084,000 12,683,000 (1,599,000) 0 6,706,000 6,706,000 7,158,000 (452,000) (1,527,000) 997,000 0 IFRS Yes
51 Canadian Air Transport Security Authority Consolidated 31-Mar Period Ended Dec-31 636,943 682,305 (45,362) 528,726 981 529,707 537,140 (7,433) (21,460) 0 0 IFRS Yes
53 Canadian Broadcasting Corporation Consolidated 31-Mar Period Ended Dec-31 2,398,405 1,838,904 559,501 893,660 342,828 1,236,488 1,201,488 35,000 (362,423) 233,295 0 IFRS Yes
68 Canadian Commercial Corporation Consolidated 31-Mar Period Ended Dec-31 69,501 46,504 22,997 4,000 13,235 17,235 18,152 (917) (917) 0 0 IFRS Yes
61 Canadian Dairy Commission Consolidated 31-Jul Period Ended Apr-30 114,905 89,804 25,101 3,597 179,191 182,788 176,840 5,948 5,948 59,925 0 IFRS Yes
81 Canadian Museum for Human Rights Consolidated 31-Mar Period Ended Dec-31 288,173 277,177 10,996 21,987 5,488 27,475 26,470 1,005 1,005 0 0 PSAS-GNFPO Yes
82 Canadian Museum of History Consolidated 31-Mar Period Ended Dec-31 313,742 237,200 76,542 66,851 2,233 69,084 61,728 7,356 7,356 0 0 PSAS-GNFPO Yes
84 Canadian Museum of Immigration at Pier 21 Consolidated 31-Mar Period Ended Dec-31 25,416 10,261 15,155 8,836 634 9,470 8,619 851 851 0 0 PSAS-GNFPO Yes
85 Canadian Museum of Nature Consolidated 31-Mar Period Ended Dec-31 189,778 189,218 560 30,680 2,315 32,995 26,992 6,003 6,003 0 0 PSAS-GNFPO Yes
92 Canadian Race Relations Foundation Consolidated 31-Mar Period Ended Dec-31 27,768.36 392.27 27,376.09 0 462.20 462.20 1,381.44 (919.25) (919.25) 0 0 PSAS-GNFPO Yes
97 Destination Canada Consolidated 31-Dec Period Ended Sept-30 50,248 13,452 36,796 71,749 4,060 75,809 55,991 19,818 19,818 0 0 PSAS Yes
119 Defence Construction (1951) Limited Consolidated 31-Mar Period Ended Dec-31 71,448 59,826 11,622 0 95,159 95,159 92,855 2,304 2,304 0 0 IFRS Yes
146 Export Development Canada Enterprise 31-Dec Period Ended Sept-30 68,243,000 58,904,000 9,339,000 0 1,825,000 1,825,000 3,823,000 (1,998,000) (2,084,000) 55,154,000 0 IFRS Yes
147 Farm Credit Canada Enterprise 31-Mar Period Ended Dec-31 44,354,472 36,487,132 7,867,340 0 1,214,597 1,214,597 585,218 629,379 613,985 35,880,309 0 IFRS Yes
148 Federal Bridge Corporation Limited, The Consolidated 31-Mar Period Ended Dec-31 395,530 171,563 223,967 3,938 20,383 24,321 35,207 (10,886) (11,109) 52,113 0 IFRS Yes
157 Freshwater Fish Marketing Corporation Enterprise 30-Apr Period Ended Jan-31 48,933 31,154 17,779 0 47,934 47,934 46,251 1,683 1,683 22,392 0 IFRS Yes
163 Great Lakes Pilotage Authority Enterprise 31-Dec Period Ended Sept-30 13,763 15,302 (1,539) 0 23,961 23,961 23,711 250 250 0 0 IFRS Yes
186 International Development Research Centre Consolidated 31-Mar Period Ended Dec-31 99,675 83,709 15,966 115,987 44,724 160,711 162,652 (1,941) (1,941) 0 0 IFRS Yes
194 Jacques-Cartier and Champlain Bridges Inc. Consolidated 31-Mar Period Ended Dec-31 705,434.93 125,061.46 580,373.47 175,884.84 701.39 176,586.23 170,701.82 5,884.40 5,884.40 0 0 PSAS Yes
197 Laurentian Pilotage Authority Enterprise 31-Dec Period Ended Sept-30 42,372.22 15,083.94 27,288.28 0 67,930.66 67,930.66 70,083.30 (2,152.63) (2,152.63) 0 0 IFRS Yes
202 Marine Atlantic Inc. Consolidated 31-Mar Period Ended Dec-31 591,279 108,975 482,304 81,391 66,386 147,777 169,023 (21,246) (21,246) 0 0 PSAS Yes
217 National Arts Centre Corporation Consolidated 31-Aug Period Ended May-31 238,956 228,283 10,673 53,535 8,231 61,766 51,864 9,902 9,902 0 0 PSAS-GNFPO Yes
219 National Capital Commission Consolidated 31-Mar Period Ended Dec-31 929,612 172,232 757,380 107,072 29,749 136,821 100,531 36,290 36,290 0 0 PSAS Yes
224 National Gallery of Canada Consolidated 31-Mar Period Ended Dec-31 104,360 97,757 6,603 37,709 2,345 40,054 36,792 3,262 3,262 0 0 PSAS-GNFPO Yes
226 Canada Science & Technology Museums Corp. Consolidated 31-Mar Period Ended Dec-31 277,917 265,910 12,007 34,197 2,593 36,790 37,525 (735) (735) 4,208 0 PSAS-GNFPO Yes
261 Pacific Pilotage Authority Enterprise 31-Dec Period Ended Sept-30 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A IFRS No
281 Public Sector Pension Investment Plan Enterprise N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A IFRS No
294 Royal Canadian Mint Enterprise 31-Dec Period Ended Sept-26 388,226 212,588 175,638 0 1,827,567 1,827,567 1,802,003 25,564 25,432 9,003 0 IFRS Yes
312 Standards Council of Canada Consolidated 31-Mar Period Ended Dec-31 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A PSAS No
315 Telefilm Canada Consolidated 31-Mar Period Ended Dec-31 71,815 39,276 32,539 81,657 13,338 94,995 80,111 14,884 14,884 0 0 PSAS Yes
334 VIA Rail Canada Inc. Consolidated 31-Dec Period Ended Sept-30 1,684,550 1,889,794 (205,244) 392,678 75,910 468,588 496,567 (27,979) (68,297) 0 0 IFRS Yes
339 Windsor-Detroit Bridge Authority Consolidated 31-Mar Period Ended Dec-31 2,160,852 806,413 1,354,439 353,800 1,277 355,077 122,371 232,706 232,706 0 0 PSAS Yes

Notes to the Consolidated Financial Report

Table 1 Note 1

For the purposes of Public Accounts, Crown corporations are classified in two groups: Enterprise and Consolidated. The consolidated Crown corporations rely on government funding as their principal source of revenue, whereas the enterprise Crown corporations do not rely on government funding to sustain their operations. There are, however, a couple of reporting exemptions. Although a Crown corporation, Canada Pension Plan Investment Board, manages on behalf of the Canada Pension Plan, funds that do not belong to the government, therefore, it is considered external (N/A) to the government reporting entity. The Public Sector Pension Investment Board is exempt (N/A) from the requirement to publicly disclose quarterly financial information. This information is only provided on March 31st, on an annual basis.

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Table 1 Note 2

Crown corporations have different calendar and financial year-ends, as is most appropriate for their operating environment.

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Table 1 Note 3

Total assets (both short-term and long-term) represent all assets reported by the corporation in its audited financial statements or non-audited quarterly financial report (i.e. cash, equipment, etc.).

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Table 1 Note 4

Total liabilities (both short-term and long-term) represent all liabilities reported by the corporation (i.e. payables, borrowings and other obligations).

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Table 1 Note 5

Equity (also referred to as “accumulated surplus or deficit”) includes share capital, contributed surplus, retained earnings, accumulated other comprehensive income and non-controlling interests, where applicable. Under Public Sector Accounting Standards for government-controlled not-for-profit organizations (PSAS-GNFPO), the equity may be referred to as “net assets” and it may include unrestricted and restricted assets, net assets invested in capital assets and other accumulated remeasurement gains (losses).

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Table 1 Note 6

Budgetary appropriations refer to parliamentary funding for capital and operating purposes recognized as revenue in the Statement of Operations. The appropriations may also include deferred capital funding amortized and recognized on the same basis and over the same periods as the related property, equipment and intangible assets.

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Table 1 Note 7

Revenues (third parties) include the revenues generated from the sale of goods and services, the investment income, other income and gains (i.e. revaluation gains, etc.). It may also include other funding (excluding budgetary appropriations) recognized as revenue or income.

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Table 1 Note 8

Total revenues include the third party revenues (or self-generated revenues, as defined above) and budgetary appropriations in respect of the current year’s operations.

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Table 1 Note 9

Expenses include cost of goods sold or cost of sales, operating and administrative expenses, other expenses and losses (i.e. revaluation losses, etc.), where applicable. The expenses do not include income taxes or final payments to provincial milk boards and agencies by the Canadian Dairy Commission or to fishers by the Freshwater Fish Marketing Corporation.

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Table 1 Note 10

Net income (loss) represents before-tax income or loss (where applicable), whereas the total comprehensive income (loss) includes other comprehensive income and any extraordinary items (i.e. income tax paid). In some cases, net income or other comprehensive income have been defined as the “excess of parliamentary appropriations over cost of operations”, “surplus”, “net result”, or as the “excess of proceeds over expenditures”. The figures presented match the reported figures directly (slight variances may exist due to rounding).

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Table 1 Note 11

Borrowings (with the third party and the government, as applicable) include both short- and long-term borrowings as of the reporting quarter. These include loans, advances from the Government of Canada and other debt-like instruments.

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Table 1 Note 12

Equity transactions with the government include dividends that were paid (not declared) during the year (year-to-date amounts). Dividends may be paid by the corporation to the Government of Canada before or after the corporation’s year-end. For the Bank of Canada, the reported dividend amounts represent the remittance of ascertained surplus to the Receiver General for Canada.

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Table 1 Note 13

Crown corporations use different reporting standards (International Financial Reporting Standards (IFRS), Public Sector Accounting Standards (PSAS) or Public Sector Accounting Standards for government-controlled not-for-profit organizations (PSAS-GNFPO)). No conversion to one or the other reporting standard was done for the purposes of presenting the financial information.

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Table 1 Note 14

A yes indicates the Crown Corporation has complied with the FAA 65.1 (3) “The appropriate Minister shall cause the report to be made public within 60 days after the end of the fiscal quarter to which the report relates”. TBD indicates the report is forthcoming and has yet to be published.

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