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As required by the Treasury Board Directive on Travel, Hospitality, Conference and Event Expenditures, this report provides information on total expenditures for travel, hospitality and conference fees incurred by Canada Mortgage and Housing Corporation (CMHC) for the fiscal year ended December 31, 2021.
Expenditures on travel, hospitality and conference fees incurred by CMHC are related to activities that support our mandate and corporate strategy. For more information on CMHC’s mandate and corporate strategy, see the Summary of the Corporate Plan.
This disclosure does not contain information withheld under the Access to Information Act or the Privacy Act.
| Expenditure Category | Expenditures for the year ended Dec. 31, 2021 (in thousands of dollars) | Expenditures for the year ended Dec. 31, 2020 (in thousands of dollars) | Variance (in thousands of dollars) |
|---|---|---|---|
| Travel | |||
| Operational activities | 958 | 2,710 | n/a |
| Key Stakeholders | 4 | 50 | n/a |
| Internal governance | 1 | 257 | n/a |
| Training | 88 | 282 | n/a |
| Other | 11 | 19 | n/a |
| Total travel | 1,062 | 3,318 | (2,256) |
| Hospitality | 1 | 93 | (92) |
| Conference fees | 55 | 161 | (106) |
| Total | 1,118 | 3,572 | (2,454) |
Significant variances compared to the previous period
Travel — there was significant variance in travel expenditures compared to fiscal year 2020 due to travel restrictions brought on by the global pandemic.
Hospitality — there was significant variance in hospitality expenditures compared to fiscal year 2020 due to the COVID-19 pandemic.
Conference fees — there was significant variance in conference fees compared to fiscal year 2020 due to the COVID-19 pandemic.
