Quarterly Financial Reports
As a result of amendments made to the Financial Administration Act, CMHC began issuing quarterly financial reports in the second quarter of 2011, including unaudited quarterly consolidated financial statements for the first three quarters of each fiscal year. These reports are issued within 60 days of the quarter-end.
Quarterly financial reports include unaudited quarterly consolidated financial statements and explanatory notes for the fiscal quarter and year-to-date and comparative information for the preceding fiscal year and a Management Discussion and Analysis outlining the financial results, risks and significant changes in relation to operations, personnel and programs, reporting on the use of appropriations.
CMHC does not publish a quarterly financial report in the fourth quarter of the fiscal year. The Annual Report contains appropriate financial statements and information.