Financial Performance

Approach

Long-term financial stability and profitability are essential to our sustainability as a company. We also firmly believe that sound governance is the foundation for strong corporate performance.

We report on seven measures of direct economic value, and measure our financial performance against four indicators related to fines, sanctions and litigation. We also assess the effectiveness of our corporate governance using two third-party metrics.

Revenue (billions $Cdn)

2013 2014 2015
Revenue 2400000000 2400000000 2800000000

Operating Costs
(millions $Cdn)

2013 2014 2015
Operating Costs 1600000000 1500000000 1800000000

Employee Wages and Benefits
(millions $Cdn)

2013 2014 2015
Employee Wages and Benefits 462000000 464000000 508000000

2015 Highlights

Financial profitability and long-term viability

  • increased revenue and operating costs

Ethics and anti-corruption

  • no legal actions for anti-competitive behaviour
  • no significant fines for non-compliance with laws and regulations

Transparency, disclosure & communication

  • named one of the Top 50 socially responsible corporations by Maclean’s
  • named one of the world’s most sustainable companies by Corporate Knights
  • Canadian Professional Accountants Award for Corporate Governance Disclosure

Corporate governance

  • Canadian Society of Corporate Secretaries Excellence in Governance Award for Best Sustainability, Ethics and Environmental Governance Program
Financial Profitability and Long-Term Viability
Responsible planning and cost-effective management are the keys to successfully and sustainably operating our business.
Transparency, Disclosure and Communication
We continuously provide important financial and operational details to the public, ensuring that complete, accurate and balanced information is disclosed openly and honestly.