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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.

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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.

Home / Annual Report 2011-2012 – Statement of Change in Net Debt

Annual Report 2011-2012 – Statement of Change in Net Debt

for the year ended March 31

STATEMENT OF EQUITY OF CANADA
2012 ($) 2012 ($) 2011 ($)
  Planned Results    
Net cost of operations after government funding and transfers 124,923 1,195,917 102,669
       
Changes due to tangible capital assets      
Acquisition of tangible capital assets 10,000 6,525 24,995
Amortization of tangible capital assets (82,917) (80,393) (83,783)
Total change due to tangible capital assets (72,917) (73,868) (58,788)
       
Change due to prepaid expense – 2,338 (2,945)
       
Net increase in net debt 52,006 1,124,387 40,936
       
Net debt – Beginning of year 681,195 681,195 640,259
       
Net debt – End of year 733,201 1,805,582 681,195

The accompanying notes form an integral part of these financial statements