Net Cost of Operations (Based on Financial Statements)

The CCRA's total 2002-2003 spending increased by $467 million or 13% from 2001-2002. The Agency costs, as detailed in its annual Financial Statement of Operations, are made up of approximately 79% in personnel costs (salaries, other allowances and benefits) and nearly 21% in other costs. Much of the latter are linked to personnel costs (e.g., travel for auditors, computers, accommodation, furniture replacement, etc.) and therefore personnel costs are the primary cost drivers for the Agency, as illustrated below:

Exhibit 1: Net Cost of Operations

Date modified:

2003-10-29