Further to the publication of the Equestrian Canada (EC) 2016-2017 financial update on Sept. 14, 2017, and to continue to observe our commitment to communicate openly with EC stakeholders and the equestrian community as a whole, we are pleased to release the revised 2017-2018 EC budget.

To honour our responsibility to be as fiscally prudent as possible, a significantly conservative budget has been crafted for the 2017-2018 fiscal year. Anticipated revenues are based on data trends as conservatively as possible. Expenses have been reduced wherever possible, without hindering EC’s ability to provide service to its various equestrian communities and stakeholders. EC’s executive, administrative, management and financial teams continue to work to ensure that EC is meeting its fiduciary responsibilities in the best interests of its partners, communities, members and participants.

About the 2017-2018 EC Budget

There are three primary and independent components to EC’s budget – operational funds, designated equine medications funds, and discipline-specific funds. The 2017-2018 budget reporting process has been improved to provide more accurate detail regarding specific sources of revenue and allocations of expenses, particularly with respect to designated grant funding received from government agencies, and fees paid by Provincial/Territorial Sports Organizations (PTSOs) to support technical programs.

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