(C$ thousands)
Expenditure Category | Expenditures for the year ended | Variance | |
---|---|---|---|
March 31, 2022 | March 31, 2021 | ||
Travel: CDIC Employees | 34 | 12 | 22 |
Travel: Non-CDIC Employees | – | – | – |
Total Travel | 34 | 12 | 22 |
Hospitality | 3 | – | 3 |
Conferences Fees | 3 | – | 3 |
Total Travel, Hospitality and Conference Fees | 40 | 12 | 28 |
Significant variances compared with previous financial year
Significant variances compared with previous financial year
This section provides a brief explanation of significant variances from the previous year’s annual expenditures for each category.
Travel: CDIC Employees
Compared with the fiscal year ended March 31, 2021, travel expenditures for CDIC employees slightly increased as travel restrictions on domestic and international travel were eased.
Travel: Non-CDIC Employees
Compared with the fiscal year ended March 31, 2021, there were no changes to the travel expenses for non-CDIC employees as they continued to provide services remotely.
Hospitality
Compared with the fiscal year ended March 31, 2021, there were no significant changes to the hospitality expenses.
Conferences Fees
Compared with the fiscal year ended March 31, 2021, there were no significant changes to the conference fees.