Annual Report on Travel, Hospitality and Conference Expenditures
Farm Credit Canada 2018 - 2019
As required by the Treasury Board Directive on Travel, Hospitality, Conference and Event Expenditures, this report provides information on travel, hospitality and conference expenditures for Farm Credit Canada for the fiscal year ended March 31, 2019.
Travel, hospitality and conference expenditures incurred by a federal department or agency relate to activities that support the department or agency’s mandate and the government’s priorities.
Mandate:
FCC is a federal Crown corporation whose mandate is described in the Farm Credit Canada Act as follows: The purpose of the corporation is to enhance rural Canada by providing specialized and personalized business and financial services and products to farming operations, including family farms, and to those businesses in rural Canada, including small and medium-sized businesses, that are businesses related to farming. The primary focus of the activities of the corporation shall be on farming operations, including family farms.
Farm Credit Canada Travel, Hospitality and Conference Expenditures for Year ending March 31, 2019
Expenditure category |
Expenditures for year ended March 31, 2019 ($ thousands) |
Expenditures for year ended March 31, 2018 ($ thousands) |
Variance ($ thousands) |
|---|---|---|---|
| Travel | |||
Operational activities |
$5,896.00 |
$4,990.00 |
$906.00 |
Key stakeholders |
$717.00 |
$633.00 |
$84.00 |
Internal governance |
$163.00 |
$206.00 |
-$43.00 |
Training |
$1,662.00 |
$1,870.00 |
-$208.00 |
Other |
$1,881.00 |
$1,540.00 |
$341.00 |
| A. Total travel | $10,319.00 |
$9,239.00 |
$1,080.00 |
| B. Hospitality | $1,541.00 |
$1,654.00 |
-$113.00 |
| C. Conference fees | $707.00 |
$648.00 |
$59.00 |
| Total [A+B+C] | $12,567.00 |
$11,541.00 |
$1,026.00 |
| International travel by minister and minister's staff (included in travel) | $0.00 |
$0.00 |
$0.00 |
Explanation of significant variances compared with previous fiscal year
Total travel:
In 2018-19, total travel increased $1.1M primarily due to increased travel required to support operations and key stakeholder relationships.
Hospitality:
In 2018-19, hospitality decreased by $113K, due to ongoing due diligence and management of FCC's expenses.
Conference fees:
Compared to 2017-18, there was no significant variance in conference fees.Minister and minister’s exempt staff - International travel:
-