CER Budget and Cost Recovery Model

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  • We are a small organization with a budget of $104 in 2025-26.
  • Approximately 20% of our budget in FY 2025/26 is temporary funding that will expire unless it is renewed, impacting our ability to fulfill our current mandate.
  • 99% of our operating costs are recovered from our regulated industry. Increases or decreases in spending are passed along to industry through cost-recovery levies.
  • Changes to our budget are “net neutral’ to the overall Government of Canada’s budget; our operating costs are not borne by everyday taxpayers, but rather by the industry we regulate.
  • Our budget is set by Parliament and the Minister of Finance, on your recommendation, as part of the annual budget cycle.
  • We do not recover costs related to our work in the North under the Canada Oil and Gas Operations Act (COGOA) and the Canadian Petroleum Resources Act (CPRA), but this work constitutes roughly 1% of our operational costs.

Bar chart titled 'Funding by Fiscal Year' showing annual funding from 2021–22 to 2027–28.

*2024-25 budget included one-time $15.7M for new Collective Agreement implementation

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