Report of the committee

Tuesday, December 7, 2021

The Standing Committee on Internal Economy, Budgets and Administration has the honour to table its


Your committee has approved the Financial Statements of the Senate of Canada for the year ended March 31, 2021. The audit was conducted in accordance with Canadian generally accepted auditing standards by the professional services firm of Ernst & Young LLP.

The audit resulted in an unqualified auditor’s report indicating that the financial statements present fairly, in all material respects, the financial position of the Senate of Canada as of March 31, 2021, and the results of its operations, the change in net financial position, the change in net debt and its cash flows for the years then ended in accordance with Canadian public sector accounting standards.

Your committee recommends that these financial statements be tabled before the Senate.

Respectfully submitted,