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Consolidated Financial Information for Crown Corporations
(First Quarter 2021-2022; 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 Mar-31 22,399 10,231 12,168 0 6,313 6,313 6,372 (59) (59) 4,096 0 IFRS Yes
14 Atomic Energy of Canada Limited Consolidated 31-Mar Period Ended Jun-30 1,494,888 8,477,566 (6,982,678) 182,049 34,879 216,928 166,557 50,371 50,371 0 0 PSAS Yes
15 Bank of Canada Enterprise 31-Dec Period Ended Mar-31 552,385,500 551,823,900 561,600 0 741,500 741,500 169,400 572,100 894,300 0 0 IFRS Yes
20 Business Development Bank of Canada Enterprise 31-Mar Period Ended Jun-30 38,291,075 19,787,980 18,503,095 0 1,000,018 1,000,018 174,699 825,319 840,703 18,979,024 0 IFRS Yes
29 Canada Council for the Arts Consolidated 31-Mar Period Ended Jun-30 695,331 303,936 391,395 150,500 7,310 157,810 171,387 (13,577) (13,577) 0 0 PSAS Yes
30 Canada Deposit Insurance Corporation Enterprise 31-Mar Period Ended Jun-30 6,708,105 2,718,709 3,989,396 0 215,179 215,179 67,288 147,891 147,891 0 0 IFRS Yes
31 Canada Development Investment Corporation Enterprise 31-Dec Period Ended Mar-31 12,348,712 12,184,877 163,835 0 135,268 135,268 159,981 (24,713) (8,354) 9,980,000 0 IFRS Yes
Canada Infrastructure Bank Consolidated 31-Mar Period Ended Jun-30 1,314,140 13,449 1,300,691 64,266 5,499 69,765 13,266 56,499 56,499 0 0 IFRS Yes
40 Canada Lands Company Limited Enterprise 31-Mar Period Ended Jun-30 1,159,398 523,587 635,811 0 15,731 15,731 24,982 (9,251) (9,251) 452,795 10,000 IFRS Yes
42 Canada Mortgage and Housing Corporation Enterprise 31-Dec Period Ended Mar-31 307,624,000 294,472,000 13,152,000 1,392,000 1,975,000 3,367,000 2,801,000 566,000 472,000 279,256,000 0 IFRS Yes
43 Canada Pension Plan Investment Board N/A 31-Mar Period Ended Jun-30 629,656,000 110,007,000 519,649,000 0 18,388,000 18,388,000 613,000 17,775,000 17,775,000 0 0 IFRS Yes
44 Canada Post Corporation Enterprise 31-Dec Period Ended Apr-3 10,151,000 8,066,000 2,085,000 0 2,637,000 2,637,000 2,652,000 (15,000) 2,963,000 997,000 0 IFRS Yes
51 Canadian Air Transport Security Authority Consolidated 31-Mar Period Ended Jun-30 662,974 651,963 11,011 173,446 288 173,734 174,822 (1,088) (2,495) 0 0 IFRS Yes
53 Canadian Broadcasting Corporation Consolidated 31-Mar Period Ended Jun-30 3,132,613 1,679,657 1,452,956 273,756 118,062 391,818 398,138 (6,320) 182,916 218,703 IFRS Yes
68 Canadian Commercial Corporation Consolidated 31-Mar Period Ended Jun-30 71,800 51,688 20,112 3,003 1,440 4,443 6,422 (1,979) (1,979) 0 0 IFRS Yes
61 Canadian Dairy Commission Consolidated 31-Jul Period Ended Oct-31 93,973 71,817 22,156 1,104 91,251 92,355 91,798 557 557 49,629 0 IFRS Yes
81 Canadian Museum for Human Rights Consolidated 31-Mar Period Ended Jun-30 286,028 273,515 12,513 8,148 1,804 9,952 9,052 900 900 0 0 PSAS-GNFPO Yes
82 Canadian Museum of History Consolidated 31-Mar Period Ended Jun-30 315,830 244,900 70,930 19,331 905 20,236 20,728 (492) (492) 0 0 PSAS-GNFPO Yes
84 Canadian Museum of Immigration at Pier 21 Consolidated 31-Mar Period Ended Jun-30 25,155 10,017 15,138 2,581 298 2,879 3,047 (168) (168) 0 0 PSAS-GNFPO Yes
85 Canadian Museum of Nature Consolidated 31-Mar Period Ended Jun-30 188,476 187,884 592 8,596 601 9,197 8,821 376 376 0 0 PSAS-GNFPO Yes
92 Canadian Race Relations Foundation Consolidated 31-Mar Period Ended Jun-30 28,318.91 720.62 27,598.29 0 229.17 229.17 350.56 (121.39) (121.39) 0 0 PSAS-GNFPO Yes
97 Destination Canada Consolidated 31-Dec Period Ended Mar-31 53,589 11,049 42,540 23,916 509 24,425 18,381 6,044 6,044 0 0 PSAS Yes
119 Defence Construction (1951) Limited Consolidated 31-Mar Period Ended Jun-30 83,185 68,892 14,293 0 37,441 37,441 35,602 1,839 1,839 0 0 IFRS Yes
146 Export Development Canada Enterprise 31-Dec Period Ended Mar-31 67,085,000 54,441,000 12,644,000 0 945,000 945,000 357,000 588,000 634,000 47,532,000 3,000,000 IFRS Yes
147 Farm Credit Canada Enterprise 31-Mar Period Ended Jun-30 45,373,809 37,123,233 8,250,576 0 420,970 420,970 182,130 238,840 237,351 36,550,693 0 IFRS Yes
148 Federal Bridge Corporation Limited, The Consolidated 31-Mar Period Ended Jun-30 382,959 162,636 220,323 5,541 7,580 13,121 12,323 798 802 45,915 0 IFRS Yes
157 Freshwater Fish Marketing Corporation Enterprise 30-Apr Period Ended Jul-31 46,657 29,533 17,124 0 17,129 17,129 16,468 661 661 21,075 0 IFRS Yes
163 Great Lakes Pilotage Authority Enterprise 31-Dec Period Ended Mar-31 8,337 12,290 (3,953) 0 1,195 1,195 2,306 (1,111) (1,111) 0 0 IFRS Yes
186 International Development Research Centre Consolidated 31-Mar Period Ended Jun-30 86,501 71,312 15,189 29,000 22,696 51,696 52,784 (1,088) (1,088) 0 0 IFRS Yes
194 Jacques-Cartier and Champlain Bridges Inc. Consolidated 31-Mar Period Ended Jun-30 737,840.88 120,278.32 617,562.56 62,059.21 242.15 62,301.35 54,706.83 7,594.52 7,594.52 0 0 PSAS Yes
197 Laurentian Pilotage Authority Enterprise 31-Dec Period Ended Mar-31 40,335.77 15,244.50 25,091.27 0 20,610.30 20,610.30 22,396.01 (1,785.71) (1,785.71) 0 0 IFRS Yes
202 Marine Atlantic Inc. Consolidated 31-Mar Period Ended Jun-30 602,263 105,328 496,935 32,022 22,097 54,119 58,527 (4,408) (4,408) 0 0 PSAS Yes
217 National Arts Centre Corporation Consolidated 31-Aug Period Ended Nov-30 234,884 228,860 6,024 18,346 3,481 21,827 20,833 994 994 0 0 PSAS-GNFPO Yes
219 National Capital Commission Consolidated 31-Mar Period Ended Jun-30 961,383 174,151 787,232 38,995 10,299 49,294 33,214 16,080 16,080 0 0 PSAS Yes
224 National Gallery of Canada Consolidated 31-Mar Period Ended Jun-30 106,019 98,947 7,072 12,887 5,909 18,796 19,145 (349) (349) 0 0 PSAS-GNFPO Yes
226 Canada Science & Technology Museums Corp. Consolidated 31-Mar Period Ended Jun-30 274,476 263,968 10,508 10,089 501 10,590 12,117 (1,527) (1,527) 4,208 0 PSAS-GNFPO Yes
261 Pacific Pilotage Authority Enterprise 31-Dec Period Ended Mar-31 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 Board 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 N/A IFRS No
294 Royal Canadian Mint Enterprise 31-Dec Period Ended Apr-3 408,770 227,802 180,968 0 903,080 903,080 889,298 13,782 13,798 6,006 0 IFRS Yes
312 Standards Council of Canada Consolidated 31-Mar Period Ended Jun-30 13,372 7,428 5,944 3,843 2,439 6,282 7,165 (883) (883) 0 0 PSAS Yes
315 Telefilm Canada Consolidated 31-Mar Period Ended Jun-30 77,107 39,722 37,385 11,302 3,219 14,521 13,935 586 586 0 0 PSAS Yes
334 VIA Rail Canada Inc. Consolidated 31-Dec Period Ended Mar-31 1,870,765 1,821,036 49,729 119,059 12,485 131,544 133,724 (2,180) 208,617 0 0 IFRS Yes
339 Windsor-Detroit Bridge Authority Consolidated 31-Mar Period Ended Jun-30 2,306,534 834,736 1,471,798 113,000 238 113,238 63,710 49,528 49,528 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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