August 17, 2007
2007-066

Archived - Financial Statements for Air Travel Security for Fiscal Year 2004-05

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The Department of Finance today released the third set of audited financial statements for revenues from the Air Travellers Security Charge (ATSC) and expenses for the enhanced air travel security system, as well as the accompanying audit report from the Auditor General of Canada.

The audited financial statements cover the fiscal year that ended March 31, 2005, and show a surplus of revenues over expenses of $80 million. This surplus is consistent with the financial information that was presented in the update on ATSC revenues and expenses for air travel security released on August 25, 2006. The ATSC surplus will be drawn down in future years by the higher costs of improvements to Canada's air transportation security infrastructure.

The audited financial statements and audit report may be viewed on the Department of Finance website at www.fin.gc.ca.

The update and previous sets of audited financial statements are also available on the Finance website.

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For further information, media may contact:

Chisholm Pothier
Press Secretary
Office of the Minister of Finance
613-996-7861
David Gamble
Media Relations
Department of Finance
613-996-8080

If you would like to receive automatic e-mail notification of all news releases, please visit the Department of Finance website at http://www.fin.gc.ca/scripts/register-eng.asp


Backgrounder

Air Transportation Security

The Government of Canada plays an important role in protecting the security of Canadians. Since 2001, it has committed more than $2.4 billion to initiatives aimed at making air travel more secure. This includes the creation of the Canadian Air Transport Security Authority (CATSA) to consolidate the delivery of air security services under a single federal entity.

CATSA is responsible for screening passengers and their belongings at 89 airports in Canada. The authority successfully completed the deployment of advanced explosives detection systems at these 89 airports. On average, CATSA screens 40 million passengers and 65 million pieces of luggage annually.

CATSA is also responsible for screening non-passengers (e.g. airline personnel, airport employees) and implementing the enhanced Restricted Area Identification Card (RAIC) system, the world's first dual biometric identification system for airport workers who require access to the secure areas of airports. In addition, CATSA provides funding in support of increased policing at key airports.

The Government also put in place an enhanced regulatory regime, including improved monitoring and testing of the air transport security system; funded the installation of reinforced cockpit doors on about 500 passenger aircraft; implemented the Canadian Air Carrier Protective Program, under which armed undercover officers are placed on selected domestic and international flights; and introduced the Transportation Security Clearance Program (e.g. enhanced security background checks and automation of fingerprint processing), under which about 41,500 clearances were processed in 2006-07.

For more information, please contact:

MEDIA SPOKESPERSONS
Anna-Karina Tabunar, CATSA Media Relations, 613-

998-4527
Julia Ukrintz, Communications, Transport Canada, 613-993-2906