Consolidated Financial Information for Crown Corporations (Third 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 Q3 ending on Sept. 30 14,884 7,504 7,380 0 17,915 17,915 17,090 825 825 3,892 0 IFRS Yes
14 Atomic Energy of Canada Limited Consolidated 31-Mar Q3 ending on Dec. 31 1,182,201 8,496,078 (7,313,877) 498,296 89,031 587,327 541,447 45,880 45,880 0 0 IFRS Yes
15 Bank of Canada Enterprise 31-Dec Q3 ending on Sept. 30 105,003,400 104,504,200 499,200 0 1,247,400 1,247,400 423,600 823,800 659,600 0 0 IFRS Yes
20 Business Development Bank of Canada Enterprise 31-Mar Q3 ending on Dec. 31 24,848,699 19,017,236 5,831,463 0 948,503 948,503 626,400 322,103 428,778 18,653,899 68,649 IFRS Yes
29 Canada Council for the Arts Consolidated 31-Mar Q3 ending on Dec. 31 415,035 90,396 324,639 176,227 11,282 187,509 154,200 33,309 33,309 0 0 PSAS Yes
30 Canada Deposit Insurance Corporation Enterprise 31-Mar Q3 ending on Dec. 31 3,857,108 1,575,165 2,281,943 0 345,504 345,504 179,666 165,838 165,677 0 0 IFRS Yes
31 Canada Development Investment Corporation Enterprise 31-Dec Q3 ending on Sept. 30 697,404 201,302 496,102 0 125,004 125,004 63,078 61,926 42,948 0 0 IFRS Yes
40 Canada Lands Company Limited Enterprise 31-Mar Q3 ending on Dec. 31 872,055 379,100 492,955 0 153,070 153,070 117,643 35,427 25,579 295,289 6,500 IFRS Yes
42 Canada Mortgage and Housing Corporation Enterprise 31-Dec Q3 ending on Sept. 30 260,495,000 239,742,000 20,753,000 1,583,000 5,319,000 6,902,000 5,608,000 1,294,000 1,114,000 230,072,000 0 IFRS Yes
43 Canada Pension Plan Investment Board N/A 31-Mar Q3 ending on Dec. 31 366,548,000 68,467,000 298,081,000 0 21,332,000 21,332,000 1,936,000 19,396,000 19,396,000 0 0 IFRS Yes
44 Canada Post Corporation Enterprise 31-Dec Q3 ending on Sept. 30 8,490,000 11,677,000 (3,187,000) 0 5,761,000 5,761,000 5,742,000 19,000 (2,062,000) 1,064,000 0 IFRS Yes
51 Canadian Air Transport Security Authority Consolidated 31-Mar Q3 ending on Dec. 31 561,965 582,253 (20,288) 495,719 4,676 500,395 507,534 (7,139) 1,178 0 0 IFRS Yes
53 Canadian Broadcasting Corporation Consolidated 31-Mar Q3 ending on Dec. 31 1,908,902 1,476,743 432,159 767,966 429,476 1,197,442 1,231,903 (34,461) 87,036 353,668 0 IFRS Yes
58 Canadian Commercial Corporation Consolidated 31-Mar Q3 ending on Dec. 31 5,727,607 5,697,317 30,290 2,632 2,164,169 2,166,801 2,165,180 1,621 1,621 0 0 IFRS Yes
61 Canadian Dairy Commission Consolidated 31-Jul Q3 ending on Apr. 30 185,499 139,974 45,525 2,856 258,576 261,432 246,495 14,937 14,937 3,644 0 IFRS Yes
81 Canadian Museum for Human Rights Consolidated 31-Mar Q3 ending on Dec. 31 342,983 333,962 9,021 30,655 8,354 39,009 30,470 8,539 8,539 0 0 PSAS-GNFPO Yes
82 Canadian Museum of History Consolidated 31-Mar Q3 ending on Dec. 31 339,953 263,077 76,876 63,054 14,159 77,213 68,328 8,885 8,885 0 0 PSAS-GNFPO Yes
84 Canadian Museum of Immigration at Pier 21 Consolidated 31-Mar Q3 ending on Dec. 31 30,822 18,926 11,896 7,811 2,512 10,323 8,987 1,336 1,336 0 0 PSAS-GNFPO Yes
85 Canadian Museum of Nature Consolidated 31-Mar Q3 ending on Dec. 31 195,506 201,630 (6,124) 23,924 7,182 31,106 29,341 1,765 1,765 27,050 0 PSAS-GNFPO Yes
92 Canadian Race Relations Foundation Consolidated 31-Mar Q3 ending on Dec. 31 29,417 221 29,196 0 3,635 3,635 1,021 2,614 2,614 5 0 PSAS-GNFPO Yes
97 Destination Canada Consolidated 31-Dec Q3 ending on Sept. 30 53,302 18,822 34,480 64,570 12,684 77,254 59,752 17,502 17,502 0 0 PSAS Yes
119 Defence Construction (1951) Limited Consolidated 31-Mar Q3 ending on Dec. 31 61,315 36,630 24,685 0 71,584 71,584 77,454 (5,870) (5,870) 344 0 IFRS Yes
146 Export Development Canada Enterprise 31-Dec Q3 ending on Sept. 30 62,166,000 53,057,000 9,109,000 0 1,537,000 1,537,000 931,000 606,000 444,000 49,041,000 500,000 IFRS Yes
147 Farm Credit Canada Enterprise 31-Mar Q3 ending on Dec. 31 32,526,324 27,006,823 5,519,501 0 902,261 902,261 453,149 449,112 433,628 26,780,148 268,300 IFRS Yes
148 Federal Bridge Corporation Limited, The Consolidated 31-Mar Q3 ending on Dec. 31 431,417 186,838 244,579 3,281 34,346 37,627 31,693 5,934 5,776 82,339 0 PSAS Yes
157 Freshwater Fish Marketing Corporation Enterprise 30-Apr Q3 ending on Jan. 31 55,570 38,140 17,430 0 58,683 58,683 51,293 7,390 5,542 27,454 0 IFRS Yes
163 Great Lakes Pilotage Authority Enterprise 31-Dec Q3 ending on Sept. 30 7,330 8,655 (1,325) 0 15,615 15,615 16,160 (545) (545) 0 0 IFRS Yes
186 International Development Research Centre Consolidated 31-Mar Q3 ending on Dec. 31 90,009 75,466 14,543 92,325 51,979 144,304 147,600 (3,296) (3,296) 0 0 IFRS Yes
194 Jacques-Cartier and Champlain Bridges Inc. Consolidated 31-Mar Q3 ending on Dec. 31 652,082 148,998 503,084 222,171 918 223,089 181,425 41,664 41,664 0 0 PSAS Yes
197 Laurentian Pilotage Authority Enterprise 31-Dec Q3 ending on Sept. 30 41,153 12,616 28,537 0 63,930 63,930 62,983 947 947 0 0 IFRS Yes
202 Marine Atlantic Inc. Consolidated 31-Mar Q3 ending on Dec. 31 552,918 85,326 467,592 47,151 92,435 139,586 163,687 (24,101) (24,101) 0 0 PSAS Yes
217 National Arts Centre Corporation Consolidated 31-Aug Q3 ending on May. 31 219,116 221,762 (2,647) 30,880 23,315 54,195 55,460 (1,265) (1,265) 0 0 PSAS-GNFPO Yes
219 National Capital Commission Consolidated 31-Mar Q3 ending on Dec. 31 803,097 153,239 649,858 65,525 27,802 93,327 91,575 1,752 1,752 0 0 PSAS Yes
224 National Gallery of Canada Consolidated 31-Mar Q3 ending on Dec. 31 105,099 97,188 7,911 35,220 8,465 43,685 44,968 (1,283) (1,283) 0 0 PSAS-GNFPO Yes
226 Canada Science & Technology Museums Corp. Consolidated 31-Mar Q3 ending on Dec. 31 163,349 149,722 13,627 23,945 6,221 30,166 29,811 354 354 4,533 0 PSAS-GNFPO Yes
261 Pacific Pilotage Authority Enterprise 31-Dec Q3 ending on Sept. 30 25,857 14,402 11,455 0 57,980 57,980 60,265 (2,284) (2,284) 2,663 0 IFRS Yes
272 PPP Canada Consolidated 31-Mar Q3 ending on Dec. 31 1,404,231 1,397,443 6,788 8,850 1,309 10,159 8,660 1,499 1,499 0 0 PSAS Yes
292 Ridley Terminals Inc. Enterprise 31-Dec Q3 ending on Sept. 30 277,544 95,507 182,037 0 36,097 36,097 51,053 (14,956) (20,933) 22,369 0 IFRS Yes
294 Royal Canadian Mint Enterprise 31-Dec Q3 ending on Sept. 30 395,601 243,492 152,109 0 1,754,665 1,754,665 1,721,556 33,109 28,551 34,561 31,000 IFRS Yes
312 Standards Council of Canada Consolidated 31-Mar Q3 ending on Dec. 31 10,413 4,959 5,454 7,627 7,550 15,177 15,062 115 115 0 0 PSAS Yes
315 Telefilm Canada Consolidated 31-Mar Q3 ending on Dec. 31 77,155 37,859 39,296 72,952 19,809 92,761 79,573 13,188 13,188 0 0 PSAS Yes
334 VIA Rail Canada Inc. Consolidated 31-Dec Q3 ending on Sept. 30 1,351,653 1,591,372 (239,719) 259,642 248,738 508,380 512,130 (3,750) (125,844) 0 0 IFRS Yes
339 Windsor-Detroit Bridge Authority Consolidated 31-Mar Q3 ending on Dec. 31 363,250 45,073 318,177 219,534 880 220,414 20,780 199,634 199,634 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

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”.

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: