Annual Report on Travel, Hospitality and Conference Expenditures
Canada Deposit Insurance Corporation 2024 - 2025
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 Canada Deposit Insurance Corporation for the fiscal year ended March 31, 2025.
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:
Expenditures on travel, hospitality and conference fees incurred by federal departments and agencies are related to activities that support a departmental or agency mandate and the government’s priorities. CDIC's travel, hospitality, and conference expenditures incurred directly support the delivery of the following mandate: to provide insurance against the loss of part or all of deposits; to promote and otherwise contribute to the stability of the financial system in Canada; and act for the benefit of depositors while minimizing loss.
Canada Deposit Insurance Corporation Travel, Hospitality and Conference Expenditures for Year ending March 31, 2025
Expenditure category |
Expenditures for year ended March 31, 2025 ($ thousands) |
Expenditures for year ended March 31, 2024 ($ thousands) |
Variance ($ thousands) |
|---|---|---|---|
| Travel | |||
Operational activities |
$353.00 |
$444.00 |
-$91.00 |
Key stakeholders |
$186.00 |
$169.00 |
$17.00 |
Internal governance |
$154.00 |
$90.00 |
$64.00 |
Training |
$85.00 |
$195.00 |
-$110.00 |
Other |
$89.00 |
$33.00 |
$56.00 |
| A. Total travel | $867.00 |
$931.00 |
-$64.00 |
| B. Hospitality | $61.00 |
$63.00 |
-$2.00 |
| C. Conference fees | $9.00 |
$8.00 |
$1.00 |
| Total [A+B+C] | $937.00 |
$1,002.00 |
-$65.00 |
| 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:
Travel expenditures for CDIC were consistent with the fiscal year ended March 31, 2024.
Hospitality:
Hospitality expenditures for CDIC were consistent with the fiscal year ended March 31, 2024.
Conference fees:
Conference fees for CDIC were consistent with the fiscal year ended March 31, 2024.Minister and minister’s exempt staff - International travel:
-