Special Examination—Canada Deposit Insurance Corporation

Special Examination—Canada Deposit Insurance Corporation

Ottawa, 24 April 2020—The Canada Deposit Insurance Corporation made public the results of an audit conducted by the Office of the Auditor General of Canada. The examination covered the Corporation’s systems and practices for the period between 1 January and 31 October 2019. Under the Financial Administration Act, federal Crown corporations are subject to a special examination by the Auditor General at least every 10 years.

A special examination examines the systems and practices of a Crown corporation that are key to providing it with reasonable assurance that its assets are safeguarded and controlled, its resources are managed economically and efficiently, and its operations are carried out effectively. Special examination reports are therefore a source of important information that parliamentarians can use to hold Crown corporations to account.

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The Special Examination report is available on the link to a portable document format (PDF) fileCrown Corporation’s website.

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