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FINDING SUSTAINABLE PATHWAYS

OUR PROCESS

Our process helps Canada achieve sustainable development solutions that integrate environmental and economic considerations to ensure the lasting prosperity and well-being of our nation.

RESEARCH

We rigorously research and conduct high quality analysis on issues of sustainable development. Our thinking is original and thought provoking.

CONVENE

We convene opinion leaders and experts from across Canada around our table to share their knowledge and diverse perspectives. We stimulate debate and integrate polarities. We create a context for possibilities to emerge.

ADVISE

We generate ideas and provide realistic solutions to advise governments, Parliament and Canadians. We proceed with resolve and optimism to bring Canada’s economy and environment closer together.

Annual Report 2010-2011 – Statement of Financial Position

as at March 31

STATEMENT OF FINANCIAL POSITION
2011 ($) 2010 ($)
ASSETS
Financial Assets
Due from Consolidated Revenue Fund 586,456 472,674
Receivables (Note 4) 13,225 17,611
599,681 490,285
Non-Financial Assets
Prepaid expenses 4,277 7,222
Tangible capital assets (Note 5) 160,960 219,748
165,237 226,970

TOTAL ASSETS

764,918 717,255
       
LIABILITIES AND EQUITY OF CANADA
LIABILITIES
Accounts payable and accrued liabilities (Note 6) 598,356 486,758
Vacation pay and compensatory leave 136,562 126,312
Employee future benefits (Note 7) 544,958 516,474
1,279,876 1,129,544
     
EQUITY OF CANADA (514,958) (412,289)
     

TOTAL LIABILITIES AND EQUITY OF CANADA

764,918 717,255

Contractual obligations (Note 8)

The accompanying notes form an integral part of these financial statements.

Approved by:

David McLaughlin
President and Chief Executive Officer
Jim McLachlan
Director, Corporate Services and
Chief Financial Officer