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2008 December Report of the Auditor General of Canada Appendix D—Costs of Crown corporation audits conducted by the Office of the Auditor General of Canada

2008 December Report of the Auditor General of Canada

Appendix D—Costs of Crown corporation audits conducted by the Office of the Auditor General of Canada

The Office is required, under section 147 of the Financial Administration Act, to disclose its costs incurred in preparing annual audit (Exhibit D.1) and special examination reports on Crown corporations.

An 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

In the 2007–08 fiscal year, the Office completed the special examination of eight Crown corporations. The costs incurred are included in the following table:

Atlantic Pilotage Authority $327,319
Atomic Energy of Canada Limited $1,033,677
Blue Water Bridge Authority $583,653
Cape Breton Development Corporation $406,977
Farm Credit Canada $829,467
Great Lakes Pilotage Authority $438,980
International Development Research Centre $967,738*
National Capital Commission $953,082
*Preliminary costs subject to year-end adjustments

Exhibit D.1—Cost of preparing annual audit reports for fiscal years ending on or before 31 March 2008

Crown corporation Fiscal year ended Cost
Atlantic Pilotage Authority 31.12.07 $98,674
Atomic Energy of Canada Limited (joint auditor) 31.03.08 371,887*
Blue Water Bridge Authority 31.08.07 123,502
Business Development Bank of Canada (joint auditor) 31.03.08 416,920*
Canada Council for the Arts 31.03.08 151,461*
Canada Deposit Insurance Corporation 31.03.08 141,027*
Canada Development Investment Corporation (joint auditor) 31.12.07 114,658*
Canada Lands Company Limited (joint auditor) 31.03.08 245,038*
Canada Mortgage and Housing Corporation (joint auditor) 31.12.07 599,013*
Canada Post Corporation (joint auditor) 31.12.07 689,530*
Canadian Race Relations Foundation 31.03.08 108,428*
Canadian Air Transport Security Authority 31.03.08 498,214*
Canadian Broadcasting Corporation 31.03.08 854,899*
Canadian Commercial Corporation 31.03.08 184,492*
Canadian Dairy Commission 31.07.07 155,893
Canadian Museum of Civilization 31.03.08 169,124*
Canadian Museum of Nature 31.03.08 102,219*
Canadian Tourism Commission 31.12.07 300,795*
Cape Breton Development Corporation 31.03.08 120,612*
Cape Breton Growth Fund Corporation 31.03.08 33,872*
Defence Construction (1951) Limited 31.03.08 55,363*
Enterprise Cape Breton Corporation 31.03.08 139,073*
Export Development Canada 31.12.07 1,052,007*
Farm Credit Canada 31.03.08 805,143*
Federal Bridge Corporation Limited, The 31.03.08 109,884*
Freshwater Fish Marketing Corporation 30.04.07 233,167
Great Lakes Pilotage Authority 31.12.07 105,018*
International Development Research Centre 31.03.08 167,294*
Jacques Cartier and Champlain Bridges Incorporated, The 31.03.08 61,936*
Laurentian Pilotage Authority 31.12.07 121,174*
Marine Atlantic Inc. 31.03.08 196,857*
National Arts Centre Corporation 31.08.07 198,753
National Capital Commission 31.03.08 270,363*
National Gallery of Canada 31.03.08 87,658*
National Museum of Science and Technology 31.03.08 112,918*
Old Port of Montréal Corporation Inc. 31.03.08 147,544*
Pacific Pilotage Authority 31.12.07 75,359*
Parc Downsview Park Inc. 31.03.08 131,499*
Public Sector Pension Investment Board 31.03.08 494,741*
Ridley Terminals Inc. 31.12.07 99,584*
Royal Canadian Mint 31.12.07 594,595*
Seaway International Bridge Corporation Ltd., The 31.03.08 79,546*
Standards Council of Canada 31.03.08 76,490*
Telefilm Canada 31.03.08 138,545*
VIA Rail Canada Inc. (joint auditor) 31.12.07 754,932*
* Preliminary costs subject to year-end adjustments