Future-oriented Financial Statements (Unaudited) for fiscal year 2013-2014 ending March 31, 2014 - Notes to the Future-oriented Financial Statements (Unaudited)
10. Contractual obligations

Notes to the Future-oriented Financial Statements (Unaudited)

10. Contractual obligations

The nature of INFC's activities can result in some large multi-year contracts and obligations whereby INFC will be obligated to make future payments in order to carry out its transfer payment programs or when the services/goods are received. Significant contractual obligations that can be reasonably estimated are summarized as follows:

(in thousands of dollars)
  2015 2016 2017 2018
and
thereafter
Total
Transfer Payments:
Provinces, territories and municipalities have federal financial support for their infrastructure priorities          
Gas Tax Fund 2,000,000 2,000,000 2,000,000 2,000,000 8,000,000
Funding for quality, cost-effective public infrastructure that meets the needs of Canadians in a competitive economy, a cleaner environment and liveable communities is provided          
Building Canada Fund–Major Infrastructure Component 294,786 210,514 109,346 126,138 740,784
Building Canada Fund–Communities Component 115,399 213,441 13,129 0 341,969
Canada Strategic Infrastructure Fund 205,288 117,977 6,527 25,165 354,957
Border Infrastructure Fund 41,041 12,011 0 0 53,052
Operating
Operating Leases 72 14 0 0 86
Total Transfer payments and Operating expense 2,656,586 2,553,957 2,129,002 2,151,303 9,490,848

Return to report

Date modified: