First, let me express that it is an honour to join the Canadian Air Transport Security Authority (CATSA) as Chairperson of the Board of Directors as the organization undertakes its third decade of operations. Since its inception in 2002, CATSA’s mandate has been to provide the highest level of security to the travelling public and our goal has always been to deliver the screening services of air travellers and their baggage as effectively and efficiently as possible.

As per the Treasury Board of Canada Secretariat Policy on Results, Crown corporations are expected to comply with the requirement to identify Core Responsibilities in order to support the publication of the Main Estimates and the Public Accounts. CATSA has one Core Responsibility.

Security screening at designated airports

CATSA is mandated to deliver effective, efficient and consistent screening at designated airports. CATSA fulfils this responsibility by way of its mandated activities.

Established on April 1, 2002, the Canadian Air Transport Security Authority (CATSA) is an agent Crown corporation funded by parliamentary appropriations, and accountable to Parliament through the Minister of Transport.

Mission

CATSA’s mission is to protect the public by securing critical elements of the air transportation system.

Vision

CATSA’s vision is to be a recognized global leader in aviation security screening, achieved through:

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 For the three and six months ended September 30, 2023

(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 His 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.

September 30, 2023

Condensed Interim Statement of Financial Position

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.

(Unaudited)

For the Three and Six Months Ended September 30, 2023

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