Quarterly Financial Report: October 1 to December 31, 2025

Management statement for the quarter ended December 31, 2025

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1.  Introduction

This quarterly financial report should be read in conjunction with the Main Estimates and Supplementary Estimates for fiscal year 2025-2026. It has been prepared by management, as required by section 65.1 of the Financial Administration Act and in the form and manner prescribed by the Treasury Board Directive on Accounting Standards: GC 4400 Departmental Quarterly Financial Report.

This quarterly report has not been subject to an external audit or review.

1.1  Authority and objectives

The Canada School of Public Service (the School) was created on April 1, 2004, when the legislative provisions of Part IV of the Public Service Modernization Act came into effect. The School is a departmental corporation in the Treasury Board portfolio, and its mission is set out in the Canada School of Public Service Act.

A summary description of the School's programs can be found in the 2025-2026 Departmental Plan.

1.2  Basis of presentation

This quarterly report has been prepared by management using expenditure-based accounting. The accompanying Statement of Authorities includes the School's spending authorities granted by Parliament, and those used by the department consistent with the Main Estimates and Supplementary Estimates for the 2025-2026 fiscal year. This quarterly report has been prepared using a special purpose financial reporting framework designed to meet financial information needs with respect to the use of spending authorities.

The authority of Parliament is required before money can be spent by the Government. Approvals are given in the form of annually approved limits through appropriation acts, or through legislation in the form of statutory spending authority for specific purposes.

When Parliament is dissolved for the purposes of a general election, section 30 of the Financial Administration Act authorizes the Governor General, under certain conditions, to issue a special warrant authorizing the Government to withdraw funds from the Consolidated Revenue Fund. A special warrant is deemed to be an appropriation for the fiscal year in which it is issued.

The School uses the full accrual method of accounting to prepare and present its annual departmental financial statements, which are part of the departmental results reporting process. However, the spending authorities voted by Parliament remain on an expenditure basis.

1.3  Financial structure

The School has a financial structure comprised of voted budgetary authorities for program expenditures which are paid from the Consolidated Revenue Fund. In addition, the School has statutory authorities for contributions to employee benefit plans and the authority to re-spend revenues.

2.  Highlights of the fiscal quarter and fiscal year-to-date (YTD) results

2.1.  Total authorities for fiscal year 2025-2026

The authorities available for use in fiscal year 2025-2026 amount to $114.4 million, which includes $76.6 million in voted appropriations, and $37.8 million in statutory funding, comprised of $15.8 million forecasted respendable revenue, $11.8 million respendable revenue brought forward from the previous fiscal year under the provisions of Section 18(2) of the Canada School of Public Service Act, and $10.2 million for employee benefit plans.

Total authorities available for use in fiscal year 2025-2026 increased by $8.7 million or 8.3% in comparison to the $105.7 million available in fiscal year 2024-2025. The variance is mainly due to an increase of $3.7 million in legislative authorities related to respendable revenue, $1.7 million for the Leadership Development Program in support of Black Leaders, $1.4 million for the reprofiling of the Advanced Leadership Program, $1.1 million for employee benefit plans, and $0.8 million for the Canada's Black Justice Strategy.

Text version

Total Authorities

Total authorities (in thousands of dollars)	2025-2026	2024-2025
Vote 1 - Program expenditures	76,575	72,570
Contributions to employee benefit plans	10,265	9,128
Respendable revenue	27,556	23,953

2.2  Planned expenditures for fiscal year 2025–2026

The School has planned expenditures of $114.4 million for fiscal year 2025-2026, consisting of $86.8 million for salaries and benefits and $27.6 million for operating and maintenance. Compared with the same quarter last year, there is an increase of planned expenditures of $8.7 million, of which $2.9 million is related to licenses for software and acquisition of computer equipment, $2.0 million is related to the updated pay rates in various renewed collective agreements, $1.7 million is related to professional services for the learning platform, and $2.1 million is related to other planned expenditures.

2.3  Expenditures for the quarter ended December 31, 2025

Compared with the same quarter last fiscal year, overall expenditures increased by $2.4 million ($25.4 million versus $23.0 million), which is mainly due to:

• Personnel: increase in the updated pay rates in various renewed collective agreements; and
• Acquisition of machinery and equipment: increase in acquisition of computer equipment.

2.4  Year-to-Date Expenditures as at December 31, 2025

Compared with year-to-date expenditures from the previous fiscal year, overall expenditures increased by $5.0 million ($67.3 million versus $62.3 million), which is mainly due to:

• Personnel: increase in the updated pay rates in various renewed collective agreements;
• Professional and special services: increase in training and information technology consultants;
• Rentals: increase in licenses related to the learning platform; and
• Acquisition of machinery and equipment: increase in acquisition of computer equipment.

3.  Risks and uncertainties

The School's ability to meet its goals is dependent on the relevance and quality of its learning products, its technological capability to support access to these products, and its ability to respond to changing priorities and learning needs. The School manages financial resources prudently to be able to meet these challenges.

4.  Significant changes in relation to operations, personnel and programs

There have been no other significant changes in relation to operations, personnel and programs over the last quarter.

5. Statement of authorities (unaudited)

6. Departmental budgetary expenditures by standard object (unaudited)

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