2025-2026 Annual report
Financial highlights
Read the 2025-2026 audited financial statements
Statement of operations and changes in net assets
Year ended March 31, 2026
| Expenses | 2026 | 2025 |
|---|---|---|
| Decrease risk of people getting cancer in Canada | 2,588,782 | 3,681,283 |
| Diagnose cancer faster, accurately and at an earlier stage | 4,938,085 | 9,214,088 |
| Deliver high-quality care in a sustainable, world-class system | 2,287,363 | 2,177,000 |
| Deliver supports for patients, families and caregivers | 3,886,019 | 5,364,356 |
| Culturally appropriate care closer to home | 4,034,129 | 5,464,542 |
| First Nations-, Inuit-, or Métis-governed research and data systems | 2,294,955 | 2,231,591 |
| Transforming research into improved care | 5,664,681 | 8,499,632 |
| Maximizing the impact of health system data to drive change and improving information flow among providers and patients | 7,432,831 | 7,398,720 |
| Public engagement and outreach and cancer strategy program support | 6,839,603 | 7,037,354 |
39,966,448 | | |
| Operating expenses (Note 4)* | 11,607,252 | 10,680,861 |
51,573,700 | |
| Revenue | 2026 | 2025 |
|---|---|---|
| Government of Canada (Note 6)* | 50,467,636 | 61,637,178 |
| Other revenue | 1,106,064 | 112,249 |
51,573,700 | |
| Excess of revenue over expenses for the year, and net assets at the end of the year | – | – |
|---|
Statement of financial position
As at March 31, 2026
Assets
| Current | 2026 | 2025 |
|---|---|---|
| Cash | 6,960,800 | 3,046,075 |
| Short-term investments | – | 2,997,188 |
| Accounts receivable | 483,331 | 574,285 |
| Projects in process – advances (Note 3)* | 490,024 | 1,040,126 |
| Prepaid expenses | 1,199,123 | 2,060,523 |
9,133,278 | | |
| Capital assets (Note 4)* | 41,872 | 1,535,224 |
| |
Liabilities and net assets
| Current | 2026 | 2025 |
|---|---|---|
| Accounts payable and accrued liabilities | 4,698,077 | 5,625,993 |
| Government remittances payable (Note 5)* | 626,661 | 52,077 |
| Deferred contributions – Expenses of future periods (Note 6 (a))* | 3,808,540 | 3,764,102 |
9,133,278 | | |
| Deferred contributions – Capital assets (Note 6 (b))* | 41,872 | 1,275,720 |
| Lease inducements (Note 7)* | – | 535,529 |
41,872 | | |
9,175,150 | | |
| Net assets | – | – |
9,175,150 | |
*Refer to the audited financial statements for full details on the note.
Statement of cash flows
Year ended March 31, 2026
Increase (decrease) in cash
| Operating activities | 2026 | 2025 |
|---|---|---|
| Government of Canada contributions received (Note 6)* | 49,550,000 | 47,500,000 |
| Other contributions received | 794,740 | 236,868 |
| Interest received | 296,171 | 930,447 |
| Cash paid for programs and operating expenses | (50,068,858) | (60,613,830) |
572,053 | ( |
| Investing activities | 2026 | 2025 |
|---|---|---|
| Proceeds from disposal of furniture and equipment | 330,000 | – |
| Redemption of short-term investment | 3,012,672 | 8,000,000 |
3,342,672 | |
| Financing activities | 2026 | 2025 |
|---|---|---|
| Purchase of capital assets | – | (191,997) |
- | |
| Increase (decrease) in cash | 3,914,725 | (4,138,512) |
|---|---|---|
| Cash, beginning of year | 3,046,075 | 7,184,587 |
| Cash, end of year | 6,960,800 | 3,046,075 |