Annual Report on Travel, Hospitality and Conference Expenditures
Development Finance Institution - FinDev Canada 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 Development Finance Institution - FinDev Canada 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:
To support the growth and sustainability of the private sector in developing markets.
Development Finance Institution - FinDev Canada 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 |
$1,229.00 |
$923.00 |
$306.00 |
Key stakeholders |
$0.00 |
$0.00 |
$0.00 |
Internal governance |
$0.00 |
$0.00 |
$0.00 |
Training |
$34.00 |
$0.00 |
$34.00 |
Other |
$0.00 |
$0.00 |
$0.00 |
| A. Total travel | $1,263.00 |
$923.00 |
$340.00 |
| B. Hospitality | $113.00 |
$77.00 |
$36.00 |
| C. Conference fees | $49.00 |
$11.00 |
$38.00 |
| Total [A+B+C] | $1,425.00 |
$1,011.00 |
$414.00 |
| 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:
Compared to fiscal year 2024–03, travel expenditures increased to support FinDev Canada’s business growth in its established regions—Latin America and the Caribbean, Sub-Saharan Africa—and its expansion into the Indo-Pacific region. The reported amounts exclude tax.
Hospitality:
Variance not material
Conference fees:
Variance not materialMinister and minister’s exempt staff - International travel:
-