2000 October Report of the Auditor General of Canada

Local Airport Authorities

Aéroports de Montréal

Gross rent revenue

7,576

20,028

18,945

21,119

23,563

20,045

22,839

23,598

157,713

Revenue shortfall

(9,044)

(23,727)

(23,543)

(19,951)

(21,566)

(21,327)

(22,311)

(21,040)

(162,509)

Negative rent*

(1,468)

(3,699)

(4,598)

(1,282)

-

-

(11,047)

Deferred rent

(2,500)

(6,000)

(6,000)

(6,000)

(6,000)

(3,500)

-

-

(30,000)

Vancouver International Airport Authority

Gross rent revenue

19,759

27,726

36,695

41,390

47,664

51,933

57,081

59,728

341,976

(Deferred rent) / Reimbursed

-

-

(8,000)

-

8,000

-

-

-

0

Calgary Airport Authority

Gross rent revenue

6,676

12,991

13,754

15,730

17,456

18,255

19,046

19,854

123,762

Revenue shortfall

(695)

(4,483)

(4,684)

(1,579)

-

-

-

-

(11,441)

Edmonton Regional Airports Authority

Gross rent revenue

1,159

2,124

2,373

2,787

7

-

131

212

8,793

Revenue shortfall

(2,034)

(5,705)

(6,521)

(6,773)

(3,527)

(1,394)

(1,037)

(529)

(27,520)

Negative rent*

(875)

(3,581)

(4,148)

(3,986)

(3,520)

(1,394)

(906)

(317)

(18,727)

(Deferred rent) / Reimbursed

(625)

(1,429)

(1,503)

(2,254)

-

-

5,811

-

0

Canadian Airport Authorities

Greater Toronto Airports Authority

Gross rent revenue

-

-

-

-

1,522

106,033

108,460

117,902

333,917

Rent credit - Renegotiations

-

-

-

-

(1,522)

(103,485)

(12,621)

-

(117,628)

Ottawa Macdonald-Cartier International Airport Authority

Gross rent revenue

-

-

-

-

-

3,977

5,282

5,967

15,226

Victoria Airport Authority

Gross rent revenue

-

-

-

-

-

-

729

1,015

1,744

Negative rent*

-

-

-

-

-

(161)

-

-

(161)

Greater Moncton Airport Authority

Negative rent*

-

-

-

-

-

(600)

(1,714)

(959)

(3,273)

Winnipeg Airport Authority

Gross rent revenue

-

-

-

-

-

970

1,370

1,933

4,273

Thunder Bay International Airport Authority

Negative rent*

-

-

-

-

-

(545)

(1,180)

(808)

(2,533)

Greater London International Airport Authority

Negative rent*

-

-

-

-

-

-

(2,138)

(1,182)

(3,320)

St. John's International Airport Authority

Negative rent*

-

-

-

-

-

(335)

(7,607)

(7,942)

Saskatoon Airport Authority

Negative rent*

-

-

-

-

-

-

-

(9,652)

(9,652)

Charlottetown Airport Authority

Negative rent*

-

-

-

-

-

-

-

(7,032)

(7,032)

Regina Airport Authority

Negative rent*

-

-

-

-

-

-

-

(3,642)

(3,642)

Saint John Airport Inc.

Negative rent*

-

-

-

-

-

-

-

(7,293)

(7,293)

SUMMARY

Gross rent revenue

35,170

62,869

71,767

81,026

90,212

201,213

214,938

230,209

987,404

Less: Revenue shortfall supported by the Crown

(11,773)

(33,915)

(34,748)

(28,303)

(25,093)

(24,065)

(28,715)

(59,744)

(246,318)

Rent credit

-

-

-

-

(1,522)

(103,485)

(12,621)

-

(117,628)

Total federal support

(11,773)

(33,915)

(34,748)

(28,303)

(26,615)

(127,512)

(41,336)

(59,744)

(363,946)

Deferred rent repaid to (agreed by) the Crown

(3,125)

(7,429)

(15,503)

(8,254)

2,000

(3,500)

5,811

-

(30,000)

Net rent revenue received by the Crown

20,272

21,525

21,516

44,469

$65,597

70,201

179,413

170,465

593,458

Portion total federal support over gross rent revenue

33.5%

53.9%

48.4%

34.9%

29.5%

63.4%

19.2%

26.0%

36.9%