From Main Street to Bay Street and Beyond Contents

Total Page:16

File Type:pdf, Size:1020Kb

Load more

Royal Canadian Mint Annual Report 2011 From Main Street to Bay Street and Beyond Contents 1 Financial and operating highlights 2 At a glance 16 Message from the President and CEO 17 Message from the Chair 18 Performance against objectives 20 Corporate Social Responsibility 22 Corporate Governance 30 Directors and Officers 31 Management discussion and analysis 50 Management report 51 Audit Committee report 52 Independent Auditor’s report 53 Financial statements 56 Notes to consolidated financial statements 106 Statistics Cover photo: “The Canoe” was the Mint’s second “20 for 20” pure silver commemorative coin issued in 2011. It quickly sold out of its mintage of 250,000, making it one of the Mint’s success stories of the year. Head Office and Ottawa Plant Winnipeg Plant Royal Canadian Mint Royal Canadian Mint Visit our online store 320 Sussex Drive 520 Lagimodière Blvd. for a full selection of products Ottawa, Ontario Winnipeg, Manitoba at www.mint.ca Canada K1A 0G8 Canada R2J 3E7 613-993-3500 204-983-6400 Financial and operating highlights 2011 2010 % change Key financial highlights (in millions of dollars) Revenue 3,159.4 2,211.1 42.9 Profit before income tax 43.8 46.4 (5.6) Profit for the year 32.4 33.6 (3.6) Total assets 373.0 349.4 6.8 Capital expenditures 31.9 17.9 78.2 Cash flow from operating activities 35.7 35.8 (0.0) Key operating highlights Canadian circulation coins produced (in millions of pieces) 1,451.4 1,065.8 36.2 Gold bullion sales (in thousands of ounces) 1,186 1,135.0 4.5 Number of employees (at December 31) 1042 875 19.1 Gross profit 143.1 147.1 (2.7) Pre-tax return on equity 16.9 19.5% (13.1) Debt to equity ratio 0.04:1 0.05:1 (20.0) Shareholder’s equity 258.8 238.2 8.6 Total production (millions of pieces) 2,656.9 2,080.5 27.7 Revenue (segmented) Profit for the year Total production ($ in millions) ($ in millions) (millions of pieces) 3,159.4 49.1 4,177.5 3,740.0 38.2 2,211.1 33.6 2,034.1 32.4 2,547.9 2,656.9 1,392.3 2,080.5 16.9 632.1 07 08 09 10 11 07 08 09 10 11 07 08 09 10 11 Canadian circulation Numismatics and collectibles Foreign coinage Bullion and refinery Royal Canadian Mint Annual Report 2011 1 At a glance BUSINESS LINE 2011 PERFORMANCE 2011 RESULTS 2011 PERFORMANCE 2012 OUTLOOK Royal Canadian Mint Revenue by segment Revenue by region ($ in millions) The Royal Canadian Mint is a commercial The Mint achieved another record year in 2011 with Canada 591.2 The Mint cautiously anticipates a continuation of the economic environment that has Crown corporation producing circulation, revenues climbing to $3.2 billion from $2.2 billion in US 1,489.0 persisted since 2008 with demand for circulation coinage relatively stable but continued numismatic and bullion coins for the 2010. Net income decreased 3.6% to $32.4 million from Asia Pacific 154.8 strength in demand for numismatic products and bullion. Given the uncertainty, the domestic and international markets in $33.6 million as intense competition squeezed margins on Middle East 0.6 Mint will continue to focus on building its core businesses through innovation and Canada 591.2 anticipation of profit. It also operates full- both numismatic and bullion products and operating costs Europe 905.5 continuous improvement while seeking new business opportunities. Demonstrating service gold and silver refineries. increased 44.0% to $3.1 billion. The increase in the cost US 1,489.0 leadership in the growing landscape of the digital economy, the Mint has conducted Latin America 9.6 Cdn. circulation 136.7 of goods sold reflects the substantial volume of Canadian CanadaAsia Pacific 591.2154.8 research and development into digital currency, which will be tested through a Africa 8.7 Numismatics and collectibles 93.0 bullion products and numismatic coins produced along with USMiddle East 1,489.00.6 developer’s challenge in early 2012. Foreign coinage 34.0 higher precious metals prices. AsiaEurope Pacific 154.8905.5 Bullion and refinery 2,895.7 Canada 591.2 MiddleLatin1 cent America East 662.80.69.6 US 1,489.0 Europe5Africa cent 905.5230.38.7 ($ in millions) (millions ofAsia pieces Pacific by denomination)154.8 Canadian circulation Revenue Production Latin10 cent America 292.39.6 MiddleCanada East 591.20.6 186.5 185.3 93.0 115.0 2,895.7 Africa25 cent 213.08.7 The Mint’s core mandate is to produce 174.3 Revenue from the Canadian circulation business line EuropeUS1 cent 1,489.0905.5662.8 Demand for circulation coins in Canada in 2012 is expected to decrease as the economy 50 cent 0.2 and manage the distribution of Canada’s increased 5.4% to $136.7 million. To meet continuing 98.7 5 cent 230.3 continues to recover and the anticipated impact of e-commerce remains muted. This 72.3 71.3 LatinAsia P Americaacific 154.89.6 circulation coinage and provide advice to 129.7 136.7 strength in demand,67.5 the Mint produced 1.5 billion 1,970.3 $1 25.4 demand will continue to be met partly with coins recovered through recycling. The Mint MiddleAfrica110 cent cent East 662.8292.38.70.6 the Government of Canada on matters Canadian56.3 coins in 2011, a 36.2% increase from 1.1 billion 65.0 1,711.7 $2 27.5 will work closely with stakeholders to ensure a seamless conversion of the one-dollar and Europe525 cent cent 905.5230.3213.0 related to coinage. Special multi-year in 2010. The volume of coins collected by coin recycling two-dollar coins from alloy to multi-ply plated steel (MPPS). This conversion is expected 39.8 1,039.6 Latin1050 cent America 292.3 9.60.2 coins carry designs that celebrate Canada’s companies remained relatively unchanged by 2.4% to 34.0 1 cent 662.8 to reduce annual production costs by $15 million and sustain the performance of the 25Africa$1 cent 213.0 25.48.7 history, culture and values. 1.025 billion pieces from 1.05 billion pieces in 2010. By 5 cent 230.3 Alloy Recovery Program (ARP). 283.9 50$2 cent 27.5 0.2 constantly monitoring and adjusting coin inventories across Canada10 cent 292.377.9 the country, the Mint ensured that no coin shortage was $1 25.4 07 08 09 10 11 07 08 09 10 11 07 08 09 10 11 07 08 09 10 11 US251 cent cent 213.0662.88.2 experienced in any region of Canada during the year. $2 27.5 Europe505 cent cent 230.310.7 0.2 Other$110 cent 292.3 25.43.2 Numismatics and collectibles Revenue ($ in millions) Revenue (% by region)Canada 77.9 $225 cent 213.0 27.5 186.5 185.3 Canadian circulation 93.0 Canadian115.0 numismatic revenue Foreign circulation revenue2,895.7 Bullion product revenue US 8.2 The 174.Mint3 produces numismatic coins Numismatics and collectibles revenue increased 30.4% to 50 cent 0.2 Despite record precious metal prices, the outlook for the Numismatics and collectibles of extraordinary beauty an impeccable $93.0 million,98.7 the highest in the business line’s history. The CanadaEurope 77.910.7 business lines is encouraging. The Mint is determined to keep its prices competitive 72.3 $1 25.4 136.7 67.5 71.3 Other 3.2 craftsmanship. Made primarily129.7 of precious volume of coins produced increased by 58.3% to 1.9 million 1,970.3 US$2 27.58.2 while it further refines its understanding of its customers in order to produce products metals, several of the Mint’s numismatic 56.3 pieces. The Mint 65.0produced 110 new numismatic coins to 1,711.7 Europe 10.7 that match their buying habits and preferences. In 2012, the Mint plans to issue as many Canada 77.9 coins are also enhanced with special meet the demand from a substantially expanded domestic OtherAsia P acific 47.53.2 as 150 new products. effects such as paint, embedded crystals, and international customer39.8 base. During 2011, 30 of these1,039. 6 US 8.2 34.0 Middle East 1.8 holograms and enamel. The Mint also new coins sold out as the Mint supported secondary markets Europe 10.7 Latin America 25.1 produces medals, medallions and tokens. by balancing pricing and mintages. 283.9 OtherCanada 77.93.2 Africa 25.6 USAsia Pacific 47.58.2 07 08 09 10 11 07 08 09 10 11 07 08 09 10 11 07 08 09 10 11 EuropeMiddle East 10.71.8 OtherLatin America 25.13.2 Foreign coinage Revenue ($ in millions) Revenue (% by region)Asia Pacific 47.5 MiddleAfrica East 25.61.8 186.5 185.3 Canadian circulation 93.0 Canadian115.0 numismatic revenue Foreign circulation revenue2,895.7 Bullion product revenue 174.3 The Mint designs and produces circulation The Mint shipped 1.1 billion coins and blanks to 13 countries Latin America 25.1 The Mint remains committed to increasing its share of the foreign circulation coinage and numismatic coins, ready-to-strike 98.7 in 2011. Revenue declined 14.6% to $34.0 million. The Asia Pacific 47.5 market to 15% by 2020.
Recommended publications
  • External Forces, Internal Strength

    External Forces, Internal Strength

    ROYAL CANADIAN MINT ANNUAL REPORT 2006 External Forces, Internal Strength Metal values skyrocketed. Retail activity drove unparalleled demand for circulation coinage. And all this just as the Mint hit its stride on an ambitious business-growth path. 2006 was a year of adaptation, resilience, agile management— and profit. Table of contents Financial and operating highlights 3 The Mint at a glance 4 Message from the President and CEO 14 Message from the Chairman 15 Corporate Governance 16 Performance against objectives 20 Directors and Officers 22 Management’s discussion and analysis 23 Statistics 41 Consolidated financial statements 47 Notes to consolidated financial statements 53 Head Office and Ottawa Plant Winnipeg Plant Royal Canadian Mint Royal Canadian Mint 320 Sussex Drive 520 Lagimodière Blvd. Ottawa, Ontario Winnipeg, Manitoba Canada K1A 0G8 Canada R2J 3E7 613-993-3500 204-983-6400 www.mint.ca Printed in Canada Financial and operating highlights 2006 2005 % change Key financial highlights (in millions of dollars) Revenue 493.9 435.9 13.3 Net income before income tax 16.0 13.2 21.2 Net income 11.2 8.7 28.7 Total assets 209.7 195.9 7.0 Capital expenditures 19.9 34.3 (42.0) Cash flow from operating activities 36.7 (10.6) 446.2 Key operating highlights Circulation coins produced (in millions of pieces) 2,237.1 1,519.5 47.2 Gold bullion sales (in thousands of ounces) 296.1 329.3 (10.1) Number of employees (at December 31) 773 732 5.6 Gross profit 101.7 93.2 9.1 Value-added sales revenue per employee (in thousands of dollars) 184.0
  • To the Top of Parks Canada

    To the Top of Parks Canada

    To the top of Parks Canada As Parks Canada’s centennial celebrations were getting underway, the agency’s chief executive officer, Alan Latourelle (pictured in Torngat Mountains National Park in Labrador), sat down for a conversation with the editors of Canadian Geographic. The complete interview appears here: CG Give us a sense of what the centennial of Parks Canada means for the agency. A.L. For Parks Canada, and for Canada, it is really celebrating the first national park organization in the world. This is a country that had the foresight and leadership to be the first to build an exceptional system of natural and heritage places. J. B. Harkin [first commissioner of the Dominion Parks Branch in 1911] and others before us set the way for a system plan that is representative of our country. So, for me, it is a celebration of who we are as Canadians and of the foresight and leadership of past heads of Parks Canada and past prime ministers. CG How do you go about celebrating that? Tell us about some of the events planned for 2011 that will bring that to life? A.L. It started this weekend with Winterlude here in Ottawa, where the opening ceremony included a project called the National Parks Project. Fifty musicians and filmmakers from Canada went through our national parks last summer and each produced a one‐hour documentary. Some of the best were being showcased at Winterlude. We want to connect Canadians to their stories, to our national parks, to our national historic sites, and invite them to celebrate with us.
  • ENG-WEB-JAN15.Pdf

    ENG-WEB-JAN15.Pdf

    COINS FROM THE ROYAL CANADIAN MINT 2015 | NUMBER 1 CELEBRATE CANADA’S PROUDLY NATIONAL FLAG WITH WAVING FOR STUNNING KEEPSAKES— 50 YEARS. SEE INSIDE! AT BOUTIQUES STARTING JANUARY 13 AND MINT.CA JANUARY 6 CANADA’S FLAG AT 50. Flags have been flying high for thousands of years, and 2015 marks the 50th year when Canada’s National Flag came on the scene. After the First and Second World Wars, there was a growing sense across Canada that the nation needed a new flag to reflect its emerging sense of national identity. Canada’s approaching centennial in 1967 added to the momentum, and by the start of the decade, a 15-member parliamentary committee was busy reviewing submissions. Designs fell into three general categories: versions of the Red Ensign, flags with multiple maple leaves, and designs that focused on a single leaf. Three factors influenced the final decision to select the single-leaf design. 1: Red and white had been proclaimed Canada’s national colours by King George V in 1921. 2: The Royal Military College in Kingston (Ontario) had a flag with a single emblem that had proven to be visually striking and effective. 3: Over the years, notable Canadians had often recommended that a red maple leaf on a white field should be adopted as Canada’s national emblem since the maple leaf had witnessed much of the nation’s history, even identifying Canadian soldiers at war and Canadian athletes at Olympic sporting events. After centuries as a voice for Canada’s growing sense of national identity, the maple leaf was given an official place of honour on Canada’s National Flag.
  • COIN NEWS CANADIAN Numismatic

    COIN NEWS CANADIAN Numismatic

    ebrati el ng C CANADIAN 50 COIN NEWS YEARS Volume 51 • Number 06 July 2 - 15, 2013 $3.50 Louisbourg settlement’s 300 years marked by coins By Bret Evans From left to right: Royal he Royal Canadian Mint has Canadian Mint Board of issued two new coins mark- Directors member Kirk ingT the 300th anniversary of the MacRae and Parks Canada founding of the settlement of Field Unit Superintendant Louisbourg, on Cape Breton Is- (Cape Breton) Chip Bird land. unveil new gold and silver Founded in 1713 by 150 colo- collector coins honouring nists from France, the settlement the 300th anniversary of the quickly grew into a fortress with founding of Louisbourg at one of the largest military garri- the Fortress of Louisbourg sons in North America. Con- National Historic Site in struction of the fortification was Cape Breton, Nova Scotia. mostly done between 1730 and 1740. Eventually the population The reverse design shows the reached nearly 5,000 people. Frederick Gate, and images of The settlement’s strategic lo- cod and a ship. It was designed cation made it desirable to both by Peter Gough. the British and the French. The weeks. Maj. Gen. Jeffrey Amherst restoration of parts of the origi- tering containing the words The small coin weighs 1/25 of a British captured it in 1758, but it had determined that its capture nal town and fortress took place. “Louisbourg 300” and a repeat- troy ounce, with a diameter of was returned to France in return was essential before any effort One of the commemorative ing pattern of an anchor, fleur- 13.93 mm.
  • Where People

    Where People

    WherePeople and History Come to Life ANNUAL REPORT OF THE CANADIAN MUSEUM OF CIVILIZATION CORPORATION 03>04 CANADIAN MU SEUM OF C IVILIZATI ON > C ANADIAN WAR MUSEUM 03>04 ANNUAL REPORT OF THE CANADIAN MUSEUM OF CIVILIZATION CORPORATION CANADIAN MUSEUM OF CIVILIZATION > CANADIAN WAR MUSEUM Canadian Museum of Civilization 100 Laurier Street P.O. Box 3100, Station B Gatineau, Quebec J8X 4H2 www.civilization.ca Information: (819) 776-7000/1-800-555-5621 Teletype (TTY): (819) 776-7003 Group Reservations: (819) 776-7014 Facility Rentals: (819) 776-7018 Members of the Museum: (819) 776-7100 Volunteers: (819) 776-7011 Financial Support for the CMC Development: (819) 776-7016 Cyberboutique: www.civilization.ca Canadian War Museum 330 Sussex Drive Ottawa, Ontario K1A 0M8 www.warmuseum.ca Vimy House 221 Champagne Avenue North Ottawa, Ontario K1R 7R7 Information and Other Services: (819) 776-8600/1-800-555-5621 Fax: (819) 776-8623 Friends of the Canadian War Museum: (819) 776-8618 Passing the Torch Campaign: (819) 776-8636 or 1-800-256-6031 www.passingthetorch.ca Museum of New France Creator of the Virtual Museum of New FranceTM www.vmnf.civilization.ca Published by Corporate Communications Public Relations and Publishing Division, Canadian Museum of Civilization Corporation A printed version of this annual report is available upon request: (819) 776-8380 Table of Contents > 2> Message from the Chair Sharing Knowledge and Expertise> 4> President and CEO’s Report 30> Travelling exhibitions 30> Publications The Canadian Museum of Civilization Corporation>
  • Royal Canadian Mint Corporate Plan 2021–2025

    Royal Canadian Mint Corporate Plan 2021–2025

    EXECUTIVE SUMMARY AGILE, RESILIENT AND FUTURE-READY SUMMARY OF THE CORPORATE PLAN 2021-2025 AND 2021 CAPITAL BUDGET EXECUTIVE SUMMARY CONTENTS 1 Executive summary 4 Overview 9 Operating environment 19 Strategy and corporate objectives 25 Risk overview 27 Financial overview 28 Appendix 1: Corporate governance structure 32 Appendix 2: Summary of financial statements and budgets 38 Appendix 3: Borrowing plan 39 Appendix 4: Compliance with legislative and policy requirements 41 Appendix 5: Government priorities and direction 42 Appendix 6: Collective agreements 43 Appendix 7: Response to and impact of COVID-19 44 Acronyms and abbreviations DISCLAIMER – FORWARD LOOKING To the extent the Mint provides future-oriented STATEMENTS financial information or a financial outlook, such as This Summary of the Corporate Plan contains forward- future growth and financial performance, the Mint is looking statements that reflect management’s providing this information for the purpose of describing expectations regarding the Mint’s objectives, plans, its expectations. Therefore, readers are cautioned strategies, future growth, results of operations, that this information may not be appropriate for any performance and business prospects and opportunities. other purpose. Furthermore, future-oriented financial Forward-looking statements are typically identified information and financial outlooks, as with forward- by words or phrases such as “plans”, “anticipates”, looking information generally, are based on the “expects”, “believes”, “estimates”, “intends”, and other assumptions and subject to the risks. similar expressions. Readers are urged to consider these factors carefully These forward-looking statements are not facts, but when evaluating these forward-looking statements. only estimates regarding expected growth, results In light of these assumptions and risks, the events of operations, performance, business prospects and predicted in these forward-looking statements may not opportunities (assumptions).
  • Breaking Tradition

    Breaking Tradition

    ANNUAL REPORT 2012 BREAKING TRADITION As our business evolves, so must our brand—to ensure our corporate identity is an authentic expression of our character, offer and value. We renewed our brand to convey the dynamism of the Mint, our commitment to our stakeholders, and the spirit of engagement that drives our interactions with customers. As part of the exercise, we adopted a fresh, modernized logo. This new mark retains the maple leaf as a Canadian icon and coins as a symbol of our core business. It affirms our two core pillars of pride and trust and emphasizes in a new way our third: innovation. 2 | ROYAL CANADIAN MINT ANNUAL REPORT 2012 5 Financial and Operating Highlights 32 Performance Against Objectives 8 At a Glance: Breaking Tradition 34 Management Discussion and Analysis 18 Message from the President and CEO 55 Management Report 19 Message from the Chair 56 Audit Committee Report 20 Corporate Social Responsibility 57 Independent Auditor’s Report 22 Corporate Governance 58 Financial Statements 29 Directors and Officers 62 Notes to the Consolidated Financial Statements 30 Business Lines 100 Statistics HEAD OFFICE AND WINNIPEG PLANT BOUTIQUE LOCATIONS OTTAWA PLANT Royal Canadian Mint Royal Canadian Mint Ottawa Visit our online store 320 Sussex Drive 520 Lagimodière Boulevard 320 Sussex Drive for a full selection of products Ottawa, Ontario Winnipeg, Manitoba Ottawa, Ontario at www.mint.ca Canada K1A 0G8 Canada R2J 3E7 Canada K1A 0G8 613-993-3500 204-983-6400 613-933-8990 Vancouver 752 Granville Street Vancouver, British Columbia
  • Historical Portraits Book

    Historical Portraits Book

    HH Beechwood is proud to be The National Cemetery of Canada and a National Historic Site Life Celebrations ♦ Memorial Services ♦ Funerals ♦ Catered Receptions ♦ Cremations ♦ Urn & Casket Burials ♦ Monuments Beechwood operates on a not-for-profit basis and is not publicly funded. It is unique within the Ottawa community. In choosing Beechwood, many people take comfort in knowing that all funds are used for the maintenance, en- hancement and preservation of this National Historic Site. www.beechwoodottawa.ca 2017- v6 Published by Beechwood, Funeral, Cemetery & Cremation Services Ottawa, ON For all information requests please contact Beechwood, Funeral, Cemetery and Cremation Services 280 Beechwood Avenue, Ottawa ON K1L8A6 24 HOUR ASSISTANCE 613-741-9530 • Toll Free 866-990-9530 • FAX 613-741-8584 [email protected] The contents of this book may be used with the written permission of Beechwood, Funeral, Cemetery & Cremation Services www.beechwoodottawa.ca Owned by The Beechwood Cemetery Foundation and operated by The Beechwood Cemetery Company eechwood, established in 1873, is recognized as one of the most beautiful and historic cemeteries in Canada. It is the final resting place for over 75,000 Canadians from all walks of life, including im- portant politicians such as Governor General Ramon Hnatyshyn and Prime Minister Sir Robert Bor- den, Canadian Forces Veterans, War Dead, RCMP members and everyday Canadian heroes: our families and our loved ones. In late 1980s, Beechwood began producing a small booklet containing brief profiles for several dozen of the more significant and well-known individuals buried here. Since then, the cemetery has grown in national significance and importance, first by becoming the home of the National Military Cemetery of the Canadian Forces in 2001, being recognized as a National Historic Site in 2002 and finally by becoming the home of the RCMP National Memorial Cemetery in 2004.
  • Collecting Canadian Dollars by Thomas Coulson Canada Issued Its First Circulating Silver Dollar in 1935 to Observe the 25Th Anniversary of King George V’S Reign

    Collecting Canadian Dollars by Thomas Coulson Canada Issued Its First Circulating Silver Dollar in 1935 to Observe the 25Th Anniversary of King George V’S Reign

    Liberty Coin Service Collecting Canadian Dollars by Thomas Coulson Canada issued its first circulating silver dollar in 1935 to observe the 25th anniversary of King George V’s reign. The new silver dollar re- verse featured an Indian and a trader travelling by canoe to deliver goods they have collected. The canoe travels by a backdrop of a small island set against the Northern Lights (Aurura Borealis). This marked a major departure from previous Canadian silver coin designs which had all dis- played some form of wreath since 1858. The 1935 Canadian Silver Dol- lar was the first in a series of modernized designs released by the Royal Canadian Mint; similar to the renaissance of design embarked upon by the United States a generation earlier. 1935 Canadian Dollar The ‘Voyageur’ reverse was generally well received. The design was clean, simple, and fresh compared to the tired wreath types. The canoe with island and Northern Lights was and is distinctly Canadian. It exemplifies one of Canada’s greatest assets: natural beauty. The Voyageur and Indian transporting goods recall the harvesting of ample natural resources as a cornerstone of Canada’s economy. One of the parcels on the canoe also carries the initials H.B. This denotes the archetypic Cana- dian Hudson’s Bay Company; with a storied trading resume dating back to 1670. Though many citizens objected to this free representation of a commercial business on the coin, there was no doubting the Cana- dian theme. Objections aside, the design was simply beautiful and purely Canadian. The new dollar denomination and design proved popular enough to continue production through 1938.
  • Canadian Museum of Civilization Corporation

    Canadian Museum of Civilization Corporation

    Canadian Museum of Civilization Corporation Summary of the Corporate Plan (2004–2005 to 2008–2009) E Summary of the Operating and Capital Budgets (2004–2005) qwewry Canadian Museum of Civilization Corporation Canadian Museum of Civilization Canadian War Museum 100 Laurier Street General Motors Court Gatineau, Quebec 330 Sussex Drive J8X 4H2 Ottawa, Ontario www.civilization.ca K1A 0M8 www.warmuseum.ca Cover Photos: Aerial view of the new Canadian War Museum, looking east. The Museum is scheduled to open in May 2005. Poster for the Canadian Museum of Civilization exhibition on the life and career of one of Canada’s greatest sports heroes, Maurice “The Rocket” Richard. Presented from April 9, 2004 to February 20, 2005. Poster for the upcoming exhibition Once in French America. This new exhibition celebrates 400 years of French settlement in North America, and will be presented from June 11, 2004 to March 28, 2005. Illustration ©Francis Back. A version of this summary is available on the civilization.ca website. Contents E 1. Introduction . 1 2. Corporate Mandate . 3 3. Corporate Profile . 4 3.1. The Canadian Museum of Civilization . 4 3.2. The Canadian War Museum . 4 3.3. The Virtual Museum of New France . 4 3.4. Corporate Structure . 4 3.5. Diversity . 5 3.6. Partnerships . 5 3.7. Fundraising Activities . 6 3.8. Membership Programme . 6 3.9. Organization of the Canadian Museum of Civilization Corporation . 6 3.10. Business Actvities of the Corporation . 7 4. Internal and External Environment . 8 4.1. National Identity . 8 4.2. Fiscal Outlook . 8 4.3.
  • Doors Open Ottawa 2017 Guide

    Doors Open Ottawa 2017 Guide

    Two days. Over 150 buildings. Free admission. Presented by DOORS OPEN OTTAWA 2017 Doublespace Photography June 3 and 4 FREE Ottawa Citizen shuttle bus to nearly 70 sites. On June 3 and 4, you and your family have the opportunity to Doors Open Ottawa unlocks more than 150 of the area’s most architecturally interesting and explore more than 150 of Ottawa’s historically significant buildings, many of which are not normally open to the public. most interesting places, including 40 new sites, free of charge. Embassies, places of worship, museums, artist studios, architectural firms, You can learn about Ottawa’s rich and science labs are yours to explore free of charge. architectural and cultural heritage while getting behind-the-scenes access to some of the city’s most treasured landmarks. I am particularly excited about some new additions to this Shuttle Stops year’s list of participants: the beautifully renovated Bank of Canada building, the Canada Council Art Bank which houses 1. Sussex between Bruyère l St. Peter’s Lutheran Church 7. Laurier Ave. W. before beautiful works of art by Canada’s most talented artists, & St. Andrew l St. Andrew’s Presbyterian Church pedestrian crosswalk l in front of City Hall and the Parliament of Canada: East Block building. l Global Centre for Pluralism N Library and Archives Canada l The Delegation of the Ismaili Imamat l Parliament of Canada: East Block N l Embassy of Hungary N Of course, there are annual favourites such as the l Billings Estate Artefact Collection l Sir John A. Macdonald Building l Heritage Building, Ottawa City Hall Diefenbunker, Canada’s Cold War Museum, and Storage l Wellington Building l Ottawa Sport Hall of Fame Firefighters’ Day which coincides with Doors Open Ottawa l Lester B.
  • 2008 Annual Report – "Making History"

    2008 Annual Report – "Making History"

    RECORD SALES EXPANSION TRIBUTE INNOVATION REACH PRIDE MAKING HISTORY 1908–2008Annual Report 2008 On the cover: The Royal Canadian Mint stands Above: Opened in 1976, the Winnipeg facility’s ready to begin operations in November 1907. considerable production capacity has Deputy Mint Master Dr. James Bonar insisted contributed directly to the Royal Canadian on waiting, however, until the perimeter Mint’s reputation as a reliable supplier of security fence was constructed—so the Mint’s coins to the international market. first century of coinmaking commenced instead on January 2, 1908. MAKING HISTORY 2008 Royal Canadian Mint annual RepoRt 1 CONTENTS Financial and operating highlights 3 The Mint at a glance 4 Message from the President and CEO 18 Message from the Chair 20 Corporate Governance 21 Performance against objectives 28 Directors and Officers 30 Management’s discussion and analysis 31 Statistics 49 Consolidated financial statements 58 Notes to consolidated financial statements 64 Head Office and Ottawa Plant Winnipeg Plant Royal Canadian Mint Royal Canadian Mint 320 Sussex Drive 520 Lagimodière Blvd. Ottawa, Ontario Winnipeg, Manitoba Canada K1A 0G8 Canada R2J 3E7 613-993-3500 204-983-6400 Visit our online store for a full selection of products at www.mint.ca 2 2008 Royal Canadian Mint annual RepoRt FINANCIAL AND OPERATING HIGHLIGHTS 2008 2007 % change Key financial highlights (in millions of dollars) Revenue 1,392.3 632.1 120.3 Income before income tax 55.3 23.8 132.4 Net income 38.2 16.9 126.0 Total assets 326.9 282.3 15.8 Capital