This page has been archived.
Information identified as archived on the Web is for reference, research or recordkeeping purposes. It has not been altered or updated after the date of archiving. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats on the "Contact Us" page.
The future-oriented financial highlights presented in this section are intended to serve as a general overview of CGC's financial operations. These future-oriented financial highlights are prepared on an accrual basis to strengthen accountability and improve transparency and financial management. The complete set of future-oriented financial statements can be found on the CGC's website at: http://www.grainscanada.gc.ca/cgc-ccg/cr-rm/crm-mrm-eng.htm.
Accrual Basis | Future-oriented 2011–12 ($ thousand) |
---|---|
Expenses | |
Quality Assurance | $42,506 |
Quantity Assurance | $12,970 |
Grain Quality Research | $10,193 |
Producer Protection | $3,925 |
Internal Services | $12,956 |
Total Expenses | $82,550 |
Revenues | |
Quality Assurance | $35,593 |
Quantity Assurance | $11,488 |
Grain Quality Research | $10,039 |
Producer Protection | $2,956 |
Internal Services | $12,759 |
Total Revenues | $72,835 |
Shortfall Requiring Access to Accumulated Surplus | $(9,715) |
The table shows the department's future-oriented total expenses and revenues for 2011–2012. In 2011–2012, total expenses are projected to be $82.55 million. Most of these expenses contribute to the direct delivery of the CGC’s strategic outcome and program activities. The CGC receives its funding through annual Parliamentary appropriations and service fees. The CGC anticipates total revenues in 2011-12 will be $72.83 million. These revenues are expected to come from the following: service fees estimated at $37.18 million, and appropriations of $35.65 million. Budget 2010 identified access to the CGC’s accumulated surplus of $8.50 million as a source of funds.
All electronic supplementary information tables found in the 2011-12 Report on Plans and Priorities can be found on the Treasury Board of Canada Secretariat's web site:
1 Grain refers to any seed designated by regulation as a grain for the purposes of the Canada Grain Act. This includes barley, beans, buckwheat, canola, chick peas, corn, fababeans, flaxseed, lentils, mixed grain, mustard seed, oats, peas, rapeseed, rye, safflower seed, solin, soybeans, sunflower seed, triticale and wheat.