2023 Reports of the Auditor General of Canada to the Parliament of Canada Appendix—Costs of Crown Corporation Audits

2023 Reports of the Auditor General of Canada to the Parliament of CanadaAppendix—Costs of Crown Corporation Audits

The Office of the Auditor General of Canada (OAG) is required, under section 147 of the Financial Administration Act, to disclose its costs incurred in preparing annual audit (Exhibit 1) and special examination (Exhibit 2) reports on Crown corporations. The costs stated for joint audits include only the costs incurred by the OAG and not those incurred by joint auditors.

An annual audit report includes an opinion on a corporation’s financial statements and on its compliance with specified authorities. It may also include reporting on any other matter deemed significant.

A special examination determines whether a corporation’s financial and management control and information systems and its management practices provide reasonable assurance that

Exhibit 1—Cost of preparing annual audit reports for fiscal years ending on or before 31 March 2023

Cost of preparing annual audit reports for fiscal years ending on or before 31 March 2023
Crown corporation Fiscal year ended CostNote *
(in thousands of dollars)
Atlantic Pilotage Authority Canada 31.12.22 225
Atomic Energy of Canada Limited 31.03.23 731
Business Development Bank of Canada (joint audit) 31.03.23 1,302
Canada Council for the Arts 31.03.23 433
Canada Deposit Insurance Corporation 31.03.23 407
Canada Development Investment Corporation (joint audit) 31.12.22 300
Canada Enterprise Emergency Funding Corporation (joint audit) 31.12.22 382
Canada Hibernia Holding Corporation (joint audit) 31.12.22 287
Canada Infrastructure Bank 31.03.23 424
Canada Lands Company Limited 31.03.23 726
Canada Mortgage and Housing Corporation (joint audit) 31.12.22 1,544
Canada Post (joint audit) 31.12.22 1,240
Canadian Air Transport Security Authority 31.03.23 666
Canadian Broadcasting Corporation 31.03.23 1,408
Canadian Commercial Corporation 31.03.23 404
Canadian Dairy Commission 31.07.22 309
Canadian Museum for Human Rights 31.03.23 156
Canadian Museum of History 31.03.23 178
Canadian Museum of Immigration at Pier 21 31.03.23 186
Canadian Museum of Nature 31.03.23 272
Canadian Race Relations Foundation 31.03.23 249
Defence Construction Canada 31.03.23 409
Destination Canada 31.12.22 395
Export Development Canada 31.12.22 2,383
Farm Credit Canada 31.03.23 1,351
Federal Bridge Corporation 31.03.23 463
Freshwater Fish Marketing Corporation 30.04.22 406
Great Lakes Pilotage Authority Canada 31.12.22 286
Ingenium—Canada’s Museums of Science and Innovation 31.03.23 365
International Development Research Centre 31.03.23 379
Jacques Cartier and Champlain Bridges 31.03.23 744
Laurentian Pilotage Authority Canada 31.12.22 254
Marine Atlantic IncorporatedInc. 31.03.23 620
National Arts Centre 31.08.22 513
National Capital Commission 31.03.23 902
National Gallery of Canada 31.03.23 242
Pacific Pilotage Authority Canada 31.12.22 290
Public Sector Pension Investment Board (joint audit) 31.03.23 1,148
Royal Canadian Mint 31.12.22 1,446
Seaway International Bridge Corporation LimitedLtd. 31.03.23 165
Standards Council of Canada 31.03.23 321
Telefilm Canada 31.03.23 422
Trans Mountain Corporation (joint audit) 31.12.22 757
VIA Rail Canada IncorporatedInc. 31.12.22 1,470
Windsor-Detroit Bridge Authority 31.03.23 527

In the 2022–23 fiscal year, the OAG completed the special examination of 3 Crown corporations. The costs incurred are shown in Exhibit 2.

Exhibit 2—Cost of completing special examination reports in 2022–23

Cost of completing special examination reports in 2022–23
Crown corporation CostNote *
(in thousands of dollars)
Canadian Broadcasting Corporation 1,778
Jacques Cartier and Champlain Bridges 1,209
Windsor-Detroit Bridge Authority 1,418