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Section III: Supplementary Information

3.1 Financial Highlights

The financial highlights presented in this Departmental Performance Report are intended to serve as a general overview of Infrastructure Canada’s financial position and operations. Financial statements can be found in the departmental Web site at: http://www.infc.gc.ca/media/pub/index-eng.html.

3.1.1 Condensed Financial Statements

Table 10 represents the department’s Condensed Statement of Financial Position and Table 11 the Condensed Statement of Operations.

Table 10: Condensed Statement of Financial Position for the Period ending on March 31, 2009

(in $ thousands)

	% Change	2009	2008
ASSETS	-62%	59,230	156,909
Total Assets:	-62%	59,230	156,909
LIABILITIES	83%	132,856	72,698
Total Liabilities:	83%	132,856	72,698
EQUITY	-187%	(73,626)	84,211
Total Equity:	-187%	(73,626)	84,211

The variances above represent funding that needed to be returned to Infrastructure Canada for the Canada Strategic Infrastructure Fund’s projects, in the amounts of $128.2M in 2007-2008, and $33.3M in 2008-2009.

Table 11: Condensed Statement of Operations for the Period Ending on March 31, 2009

(in $ thousands)

	% Change	2009	2008
EXPENSES	18%	2,285,061	1,944,043
Total Expenses:	18%	2,285,061	1,944,043
REVENUES	350%	9	2
Total Revenues:	350%	9	2
NET COST OF OPERATIONS:	18%	2,285,052	1,944,041

The sources of revenue are proceeds from crown assets disposals, other fees such as Access to Information and Privacy (ATIP) requests, and miscellaneous revenues such as the Bank of Montreal’s rebates on acquisition cards.

3.2 Financial Highlights Chart

3.2.1 Spending Allocations by Program Activities

Figure 4 represents the 2008-2009 total spending allocation by Infrastructure Canada’s three program activities during the reporting period, i.e., Infrastructure Investments, Policy, Knowledge and Partnership Development and Internal Services.

Figure 4: Spending Allocation by Program Activity

In 2008-2009, Infrastructure Canada spent a record $2.3 billion to meet the expected results of its program activities and contribute to its strategic outcome. There was a $426.8M net increase in contributions over the 2007-2008 Main Estimates requirements. This includes $327.8M for the new Provincial-Territorial Base Funding Program, and an approved budget increase under the Gas Tax Fund of $197.5M. It also reflects cash flow changes to other contributions, including the Municipal Rural Infrastructure Fund (net increase of $12.6M), the Canada Strategic Infrastructure Fund (net decrease of $79.4M), and the Border Infrastructure Fund (net decrease of $31.7M). There was also a net increase of another $11.0M in Operating Budget.

3.2.2 Financial Statements

Infrastructure Canada’s financial statements can be found at the departmental Web site at: http://www.infc.gc.ca/media/pub/index-eng.html.

3.3 List of Supplementary Information Tables

3.3.1 List of Tables

The following five tables are available electronically at the Treasury Board Secretariat’s Web site at: http://www.tbs-sct.gc.ca/dpr-rmr/st-ts-eng.asp.

Table 5: Details on Transfer Payments Programs (TPP)

Table 7: Horizontal Initiatives

Table 9: Green Procurement

Table 10: Response to Parliamentary Committees and External Audits

Table 11: Internal Audits and Evaluations

As prescribed by the Policy on Transfer Payments, as of June 30, 2009, the summary of the Three-Year Plan for Transfer Payments is available at: http://www.infc.gc.ca/pd-dp/tpp-ppt/index-eng.html.

3.4 Other Items of Interest

In the pursuit of excellence in service delivery, Infrastructure Canada has continued to implement enhancements to various modern management practices within the overall Management Accountability Framework (MAF). This is consistent with its vision to deliver, under prudent stewardship, quality programs that generate results for Canadians. The department participated in the 2008-2009 (Round VI) MAF process, and received strong assessment ratings in several areas of management. Proactive disclosure of Round VI is scheduled to be released in February 2010.

Infrastructure Canada is working to develop and implement Phase 2 of the Treasury Board Management, Resources and Results Structure (MRRS) Policy. The MRRS is designed to improve reporting to Parliament, provide the basis to support improved decision-making and support the horizontal management of government priorities. Phase 2 consists of the development of a performance measurement framework and the development of a governance structure for decision making in the department. The performance measurement framework will help gauge the performance of all departmental activities and programs, identifying performance indicators, expected results and targets. The framework will help to provide more information in future reports on plans and priorities and departmental performance reports. Infrastructure Canada also continues to respect Government of Canada administrative policies in such areas as proactive disclosure, public opinion research and communications.

As previously stated in this report, through its Economic Action Plan, the federal government has established the new $4 billion Infrastructure Stimulus Fund (ISF) that provides funding to provincial, territorial and municipal construction-ready infrastructure rehabilitation projects. Funding is available for two years for projects that begin during the 2009 and 2010 construction seasons and can be completed before March 31, 2011. The ISF complements existing federal infrastructure funding by focusing on short-term objectives for economic stimulus. To further this goal of rapid economic stimulus, the ISF will focus on construction–readiness as important project selection criteria. The full $4 billion will be distributed in fiscal years 2009-2010 and 2010-2011. Projects will focus largely on the rehabilitation of existing assets such as water, wastewater, public transit, highways, roads, culture, parks, trails and municipal buildings.

Also previously mentioned in this report, the $1 billion Green Infrastructure Fund (GIF) was announced under the Economic Action Plan and provides funding to projects that improve the quality of the environment and that support sustainable, long-term economic growth. Funding is available as a national envelope, with no provincial/territorial allocation, over a five-year basis beginning in 2009-2010. The focus of the Green Infrastructure Fund in on large-scale, strategic infrastructure projects that promote cleaner air, reduced greenhouse gas emissions and cleaner water. Eligible categories include: Wastewater infrastructure, green energy generation infrastructure, green energy transmission infrastructure, solid waste infrastructure, carbon transmission and storage infrastructure.

In addition, in 2008-2009, Infrastructure Canada sought and received approval from the Treasury Board Secretariat to raise the Minister’s delegated authority to $100 million for projects under all project categories under the Building Canada Fund (BCF).

3.5 Contact Information

For more information, please visit www.infrastructure.gc.ca or contact:

Infrastructure Canada
90 Sparks Street
Ottawa, Ontario
K1P 5B4

National information line on infrastructure: 613-948-1148
Telephone toll free: 1-800 O-Canada (1-800-622-6232)
National fax line on infrastructure: 613-948-9138

For more information on the Building Canada Plan, please visit www.buildingcanada.gc.ca.

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1. Transport Canada, the Canadian Transportation Agency and the Transportation Appeal Tribunal of Canada produce their own Reports on Plans and Priorities. Other bodies and Crown Corporations within the portfolio prepare their own annual corporate plans.
2. Type is defined as follows: Previously committed to – committed to in the first or second fiscal year prior to the subject year of the report; ongoing – committed to at least three fiscal years prior to the subject year of the report; and new – newly committed to in the reporting year of the RPP or DPR.
3. Type is defined as follows: Previously committed to – committed to in the first or second fiscal year prior to the subject year of the report; ongoing – committed to at least three fiscal years prior to the subject year of the report; and new – newly committed to in the reporting year of the RPP or DPR.
4. Transport Canada is responsible for several key elements of the plan: $2.1 billion for the new Gateways and Border Crossings Fund; and $1 billion in funding for the Asia-Pacific Gateway and Corridor Initiative. For more information on the plan, see www.buildingcanada.gc.ca.

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