Consolidated Financial Information for Crown Corporations (First Quarter 2016-2017; 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 Q1 ending on Mar. 31 13,552 7,451 6,101 0 4,899 4,899 5,353 (454) (454) 4,109 0 IFRS Yes
14 Atomic Energy of Canada Limited Consolidated 31-Mar Q1 ending on Jun. 30  1,116,211 8,414,430 (7,298,219) 182,720 36,707 219,427 172,611 46,816 46,816 0 0 IFRS Yes
15 Bank of Canada Enterprise 31-Dec Q1 ending on Mar. 31 99,198,900 98,707,000 491,900 0 421,400 421,400 131,900 289,500 220,100 0 0 IFRS Yes
20 Business Development Bank of Canada Enterprise 31-Mar Q1 ending on Jun. 30  23,406,302 18,095,509 5,310,793 0 297,448 297,448 205,080 92,368 30,343 17,713,163 68,649 IFRS Yes
29 Canada Council for the Arts Consolidated 31-Mar Q1 ending on Jun. 30  389,064 133,088 255,976 84,000 2,323 86,323 111,546 (25,223) (25,223) 0 0 PSAS Yes
30 Canada Deposit Insurance Corporation Enterprise 31-Mar Q1 ending on Jun. 30  3,529,950 1,458,419 2,071,531 0 114,838 114,838 159,505 (44,667) (44,735) 0 0 IFRS Yes
31 Canada Development Investment Corporation Enterprise 31-Dec Q1 ending on Mar. 31 638,085 176,880 461,205 0 33,982 33,982 22,320 11,662 8,051 0 0 IFRS Yes
40 Canada Lands Company Limited Enterprise 31-Mar Q1 ending on Jun. 30  910,175 439,219 470,956 0 40,463 40,463 35,526 4,937 3,580 341,083 0 IFRS Yes
42 Canada Mortgage and Housing Corporation Enterprise 31-Dec Q1 ending on Mar. 31 256,789,000 236,850,000 19,939,000 589,000 1,763,000 2,352,000 1,940,000 412,000 300,000 227,329,000 0 IFRS Yes
43 Canada Pension Plan Investment Board N/A 31-Mar Q1 ending on Jun. 30  362,574,000 75,309,000 287,265,000 0 4,682,000 4,682,000 584,000 4,098,000 4,098,000 0 0 IFRS Yes
44 Canada Post Corporation Enterprise 31-Dec Q1 ending on Mar. 31 8,021,000 10,156,000 (2,135,000) 0 2,020,000 2,020,000 1,985,000 35,000 (1,011,000) 1,073,000 0 IFRS Yes
51 Canadian Air Transport Security Authority Consolidated 31-Mar Q1 ending on Jun. 30 506,872 548,284 (41,412) 160,283 1,278 161,561 164,443 (2,882) (19,946) 0 0 IFRS Yes
53 Canadian Broadcasting Corporation Consolidated 31-Mar Q1 ending on Jun. 30  1,767,950 1,494,237 273,713 223,126 114,606 337,732 355,673 (17,941) (71,411) 370,243 0 IFRS Yes
58 Canadian Commercial Corporation Consolidated 31-Mar Q1 ending on Jun. 30  3,825,668 3,797,682 27,986 878 592,012 592,890 593,573 (683) (683) 0 0 IFRS Yes
61 Canadian Dairy Commission Consolidated 31-Jul Q1 ending on Oct. 31 115,456 79,528 35,928 917 97,155 98,072 92,732 5,340 5,340 46,647 0 IFRS Yes
81 Canadian Museum for Human Rights Consolidated 31-Mar Q1 ending on Jun. 30  338,337 337,480 857 7,503 2,775 10,278 9,906 372 372 0 0 PSAS-GNFPO Yes
82 Canadian Museum of History Consolidated 31-Mar Q1 ending on Jun. 30  331,486 262,740 68,746 17,201 4,999 22,200 22,435 (235) (235) 0 0 PSAS-GNFPO Yes
84 Canadian Museum of Immigration at Pier 21 Consolidated 31-Mar Q1 ending on Jun. 30 30,500 19,921 10,579 2,491 698 3,189 3,000 189 189 0 0 PSAS-GNFPO Yes
85 Canadian Museum of Nature Consolidated 31-Mar Q1 ending on Jun. 30  199,469 207,168 (7,699) 7,778 1,986 9,764 9,574 190 190 27,445 0 PSAS-GNFPO Yes
92 Canadian Race Relations Foundation Consolidated 31-Mar Q1 ending on Jun. 30  28,614 158 28,456 0 2,696 2,696 275 2,421 2,421 6 0 PSAS-GNFPO Yes
97 Destination Canada Consolidated 31-Dec Q1 ending on Mar. 31 31,874 12,106 19,768 12,082 2,387 14,469 11,635 2,834 2,834 0 0 PSAS Yes
119 Defence Construction (1951) Limited Consolidated 31-Mar Q1 ending on Jun. 30 61,366 32,240 29,126 0 23,721 23,721 25,150 (1,429) (1,429) 272 0 IFRS Yes
146 Export Development Canada Enterprise 31-Dec Q1 ending on Mar. 31 59,821,000 50,933,000 8,888,000 0 553,000 553,000 306,000 247,000 223,000 46,687,000 0 IFRS Yes
147 Farm Credit Canada Enterprise 31-Mar Q1 ending on Jun. 30  30,910,356 25,422,023 5,488,333 0 286,599 286,599 147,960 138,639 134,111 25,186,126 0 IFRS Yes
148 Federal Bridge Corporation Limited, The Consolidated 31-Mar Q1 ending on Jun. 30  400,331 158,597 241,734 1,794 11,409 13,203 10,291 2,912 2,931 88,154 0 PSAS Yes
157 Freshwater Fish Marketing Corporation Enterprise 30-Apr Q1 ending on Jul. 31 55,157 41,285 13,872 0 18,686 18,686 16,041 2,645 1,984 27,224 0 IFRS Yes
163 Great Lakes Pilotage Authority Enterprise 31-Dec Q1 ending on Mar. 31 2,798 4,733 (1,935) 0 394 394 1,549 (1,155) (1,155) 0 0 IFRS Yes
186 International Development Research Centre Consolidated 31-Mar Q1 ending on Jun. 30  107,497 92,385 15,112 24,000 16,068 40,068 42,794 (2,726) (2,726) 0 0 IFRS Yes
194 Jacques-Cartier and Champlain Bridges Inc. Consolidated 31-Mar Q1 ending on Jun. 30  613,450 139,249 474,201 56,331 317 56,648 43,866 12,782 12,782 0 0 PSAS Yes
197 Laurentian Pilotage Authority Enterprise 31-Dec Q1 ending on Mar. 31 37,964 10,618 27,346 0 20,157 20,157 20,401 (244) (244) 0 0 IFRS Yes
202 Marine Atlantic Inc. Consolidated 31-Mar Q1 ending on Jun. 30  567,607 102,041 465,566 5,708 26,729 32,437 54,385 (21,948) (21,948) 0 0 PSAS Yes
217 National Arts Centre Corporation Consolidated 31-Aug Q1 ending on Nov. 30 159,920 161,866 (1,946) 10,073 6,250 16,323 16,887 (564) (564) 0 0 PSAS-GNFPO Yes
219 National Capital Commission Consolidated 31-Mar Q1 ending on Jun. 30  791,739 145,513 646,226 18,555 8,187 26,742 28,622 (1,880) (1,880) 0 0 PSAS Yes
224 National Gallery of Canada Consolidated 31-Mar Q1 ending on Jun. 30  104,532 95,669 8,863 11,773 1,720 13,493 13,824 (331) (331) 0 0 PSAS-GNFPO Yes
226 Canada Science & Technology Museums Corp. Consolidated 31-Mar Q1 ending on Jun. 30  124,075 110,991 13,084 8,377 2,046 10,423 10,612 (188) (188) 4,533 0 PSAS-GNFPO Yes
261 Pacific Pilotage Authority Enterprise 31-Dec Q1 ending on Mar. 31 26,615 13,567 13,048 0 15,796 15,796 16,489 (693) (693) 2,845 0 IFRS Yes
272 PPP Canada Consolidated 31-Mar Q1 ending on Jun. 30  1,417,283 1,411,632 5,651 2,950 182 3,132 2,770 362 362 0 0 PSAS Yes
292 Ridley Terminals Inc. Enterprise 31-Dec Q1 ending on Mar. 31 298,713 99,930 198,783 0 12,690 12,690 13,396 (706) (4,187) 25,904 0 IFRS Yes
294 Royal Canadian Mint Enterprise 31-Dec Q1 ending on Mar. 31 398,631 140,709 257,922 0 783,764 783,764 770,566 13,198 13,096 34,567 31,000 IFRS Yes
312 Standards Council of Canada Consolidated 31-Mar Q1 ending on Jun. 30  11,167 5,711 5,456 2,332 2,761 5,093 4,976 117 117 0 0 PSAS Yes
315 Telefilm Canada Consolidated 31-Mar Q1 ending on Jun. 30  70,288 42,337 27,951 22,258 3,477 25,735 23,892 1,843 1,843 0 0 PSAS Yes
334 VIA Rail Canada Inc. Consolidated 31-Dec Q1 ending on Mar. 31 1,361,507 1,556,537 (195,030) 99,201 71,276 170,477 161,227 9,250 (81,155) 0 0 IFRS Yes
339 Windsor-Detroit Bridge Authority Consolidated 31-Mar Q1 ending on Jun. 30 232,428 24,209 208,219 95,000 2,529 97,529 5,884 91,645 91,645 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.

Return to table 1 note 1 referrer

Table 1 Note 2

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

Return to table 1 note 2 referrer

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.).

Return to table 1 note 3 referrer

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).

Return to table 1 note 4 referrer

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).

Return to table 1 note 5 referrer

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.

Return to table 1 note 6 referrer

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.

Return to table 1 note 7 referrer

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.

Return to table 1 note 8 referrer

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.

Return to table 1 note 9 referrer

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).

Return to table 1 note 10 referrer

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.

Return to table 1 note 11 referrer

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.

Return to table 1 note 12 referrer

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.

Return to table 1 note 13 referrer

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”.

Return to table 1 note 14 referrer

  • Total revenues (both self-generated revenues and budgetary appropriations), net income, total comprehensive income and dividends are cumulative as of the second quarter and onwards for each reporting year.

  • The financial statements do not always display the same information consistently; therefore, certain values have been adjusted or could not be directly linked to the reporting category in order to provide a meaningful basis for comparison between the Crown corporations.

  • The data presented reflect most Crown corporations. Where data could not be included, an explanation has been provided.

  • When comparing individual Crown corporations’ reports with the data presented here, note that a corporation may have restated, after the fact, certain financial data to reflect changes in its accounting policies. No attempt has been made to apply such changes to the data in this report.

  • The annual report’s financial data reported based on published Crown corporation’s annual reports was presented for information purposes including the cumulative results generated during the year.

  • The data presented was derived from the annual reports or quarterly financial reports found on the listed Crown Corporation’s website for the period presented.

Report a problem or mistake on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, contact us.

Date modified: