Annual Report on Travel, Hospitality and Conference Expenditures
Farm Credit Canada 2025 - 2026
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, 2026.
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, 2026
Expenditure category |
Expenditures for year ended March 31, 2026 ($ thousands) |
Expenditures for year ended March 31, 2025 ($ thousands) |
Variance ($ thousands) |
|---|---|---|---|
| Travel | |||
Operational activities |
$7,247.00 |
$6,022.00 |
$1,225.00 |
Key stakeholders |
$908.00 |
$708.00 |
$200.00 |
Internal governance |
$752.00 |
$444.00 |
$308.00 |
Training |
$243.00 |
$202.00 |
$41.00 |
Other |
$468.00 |
$409.00 |
$59.00 |
| A. Total travel | $9,618.00 |
$7,785.00 |
$1,833.00 |
| B. Hospitality | $1,118.00 |
$1,100.00 |
$18.00 |
| C. Conference fees | $263.00 |
$246.00 |
$17.00 |
| Total [A+B+C] | $10,999.00 |
$9,131.00 |
$1,868.00 |
| 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:
As a federal Crown corporation with clients and partners across the country, including more than 100,000 customers most of whom are located in rural areas of Canada, it is both appropriate and necessary for FCC to travel nationally to meet with producers, agribusinesses, key stakeholders, and employees where they operate. We ensure all travel is justified, cost-effective and consistent with FCC's mandate to serve Canadian agriculture and food. In 2025–26, travel expenditures increased as FCC expanded its support for customers and the agriculture industry, while remaining below approved Corporate Plan spending levels.
Hospitality:
Hospitality activities occur to enable meaningful engagement with customers, industry partners, government representatives, employees, and other stakeholders, and are focused on strengthening relationships, delivering FCC programs and services, and advancing the growth and resiliency of Canadian agriculture and agri-food. The spend has remained consistent year over year, with no notable variance to highlight.
Conference fees:
Variance not material.Minister and minister’s exempt staff - International travel:
-