Travel, Hospitality, Conferences, and Events Expenses
Expense Disclosure for FBCL Staff and Personnel
As part of our commitment to good governance, FBCL has established a policy governing the reimbursement of reasonable expenses required for the purposes of business travel, hospitality, conferences and events in line with Government of Canada direction. This policy includes processes for preparation and approval of expenses for reimbursement.
We voluntarily report, through our website, annual aggregate corporate expenses related to travel and business development activities as well as the travel and hospitality expenses for our Chief Executive Officer, Board Directors and senior executives. Prior to fiscal year 2019-20, expenses were reported by fiscal quarter. Following that period monthly reporting was initiated. Expenses are reflected in the period when all cost for a trip have been approved and reimbursed.
The following disclosure includes business expenses related to business travel, hospitality, conferences, and event expenses for the following activities: direct delivery of FBCL core mandate or legal requirements, engagement of key stakeholders, internal governance, and training. Information that would normally be withheld under the Access to Information Act or the Privacy Act does not appear in this section.
Common acronyms used relate to FBCL’s portfolio of bridges:
- FBCL: The Federal Bridge Corporation Limited
- IBA : International Bridge Authority (Sault Ste. Marie, ON)
- BWB : Blue Water Bridge (Point Edward, ON)
- TIBA : Thousand Islands Bridge Authority (Lansdowne, ON)
- SIBC: The Seaway International Bridge Corporation, Ltd. (Cornwall, ON)
Summary of travel and hospitality expenses for the Chief Executive Officer and senior executives:
Summary of travel and hospitality expenses for the members of the Board of Directors:
Aggregate Annual Corporate Disclosure
Expenditures on travel, hospitality, and conference fees incurred by the Corporation are directly related to supporting its mandate, in particular, the portfolio of international bridges at four locations in Sault Ste. Marie, Point Edward, Lansdowne and Cornwall.
Annual expenditures for Travel, Hospitality, Conferences and Events of the Corporation:
|Year ending March 31||2018||2019|