Notes to the Condensed Interim Financial Statements (Unaudited)

 For the three and six months ended September 30, 2022

(In thousands of Canadian dollars)

1.  Corporate Information

CATSA is a Crown corporation listed under Part I, Schedule III of the Financial Administration Act and is an agent of Her Majesty in right of Canada. CATSA is responsible for securing specific elements of the air transportation system, from passenger and baggage screening, to screening airport workers.

Statement of Management Responsibility

Management is responsible for the preparation and fair presentation of these unaudited condensed interim financial statements in accordance with International Accounting Standard 34 Interim Financial Reporting, and The Treasury Board of Canada’s Directive on Accounting Standards: GC 5200 Crown Corporations Quarterly Financial Report, and for such internal controls as management determines are necessary to enable the preparation of the unaudited condensed interim financial statements that are free from material misstatement.

Glossary - Trade Agreement Covered Procurements Procedure

For purposes of the Trade Agreement Covered Procurements Procedure, the following terms appearing therein (with the first letter in upper case, or in quotations) shall have the meaning set out below.

Canada-UK TCA means the Canadian-United Kingdom Trade Continuity Agreement, as amended from time to time;

CETA means the Canada-European Union Comprehensive Economic and Trade Agreement, as amended from time to time;

CFTA means the Canadian Free Trade Agreement, as amended from time to time;

Procurement and Contracting Policy

Policy P031
Effective: 2024-10-01 | Replaces 2021-07-15
Approved by: Board of Directors | Approved on: 2024-09-10
Owner: Vice-President responsible for Procurement and Contracting


1. Policy Objective

To establish the requirements, approval authorities and accountabilities for CATSA’s procurement and contracting.

2. Policy Statement

Subject to the provisions of this policy, all CATSA procurement and contracting shall be conducted in a manner that: