Canada Emission Reduction Incentives Agency Act (S.C. 2005, c. 30, s. 87)

Audit

Marginal note:Annual audit

24 The Auditor General of Canada is the auditor for the Agency and must

• (a) annually audit and provide an opinion to the Agency and the Minister on the financial statements of the Agency; and

• (b) provide the Minister and the President with copies of reports of audits carried out under this section.

Annual Report

Marginal note:Annual report

• 25 (1) The Agency must, before December 31 of each year following the Agency’s first full year of operations, submit an annual report on the operations of the Agency for the preceding fiscal year to the Minister, and the Minister must cause a copy of the report to be tabled in each House of Parliament on any of the first fifteen days on which that House is sitting after the Minister receives it.

• Marginal note:Form and contents

  (2) The annual report must include

  • (a) the financial statements of the Agency, prepared in accordance with accounting principles consistent with those applied in preparing the Public Accounts referred to in section 64 of the Financial Administration Act, and the Auditor General of Canada’s opinion on them;

  • (b) information about the Agency’s performance with respect to the objectives established in the corporate business plan; and

  • (c) any other information that the Minister may require to be included in it.