Financial Statements (Unaudited)
For the year ended March 31, 2014 - Note 8 - Contractual obligations
8. 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:
2015 | 2016 | 2017 | 2018 | 2019 and thereafter |
Total | |
---|---|---|---|---|---|---|
Transfer Payments | ||||||
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 | 811,101 | 537,100 | 503,504 | 36,914 | 59,554 | 1,948,173 |
Canada Strategic Infrastructure Fund | 300,714 | 127,140 | 57,386 | 49,084 | 55,472 | 589,796 |
Building Canada Fund—Communities Component | 145,988 | 296,037 | - | - | - | 442,025 |
Inuvik to Tuktoyaktuk Highway Program | 52,500 | 51,375 | 30,275 | 65,850 | - | 200,000 |
Provincial/Territorial Infrastructure Base Fund | 177,835 | - | - | - | - | 177,835 |
Green Infrastructure Fund | 51,995 | 11,421 | 3,490 | - | - | 66,906 |
Border Infrastructure Fund | 23,262 | 5,568 | 10,000 | 16,607 | - | 55,437 |
Municipal Rural Infrastructure Fund | 27,089 | - | - | - | - | 27,089 |
Operating | ||||||
Operating | 8,271 | 74 | 30 | 1 | - | 8,376 |
Total transfer payments and operating expenses | 1,598,755 | 1,028,715 | 604,685 | 168,456 | 115,026 | 3,515,637 |
- Date modified: