CFPSA Annual Report 2005-2006

• Chief Executive Officer
• Our Divisions
• CANEX
• PSP Division
• SISIP Financial Services
• Finance and Informatics
• Human Resources
• Internal Audit and Review
• Contributions to the CF community
• NPP Board Of Directors
• NPP Committees

PREVIOUS REPORTS

• 2004/2005
• 2003/2004
• 2002/2003
• 2001/2002
• 2000/2001 (.pdf, 2.97Mb)
• 1999/2000 (.pdf, 758Kb)
• 1998/1999 (.pdf, 6.90Mb)

FINANCE AND INFORMATICS

The CF Central Fund (CFCF) investment return for FY 2005-06 was 17.1 per cent compared to its benchmark of 13.2 per cent. Investment income for FY 2005-06 was $18.4 million. During the year, the Investment Committee recommended to the Board of Directors that management of CFCF investments be contracted out. The engagement of an outside investment manager should be completed in FY 2006-07.

The Canadian Defence Community Banking program was launched nationally in September 2005. Automated kiosks providing information on a number of national and local MW programs were installed at 12 bases/wings, with another approximately 30 kiosks to be installed in 2006-07.

The Finance and Informatics Division assumed responsibility for CANEX central billing and store management systems this year and the transition to full NPF accounting for European operations has been completed.

Content and usage of CFPSA internet and intranet sites continues to rapidly expand. The web single sign-on project has been completed, providing greatly improved web application administration, security and access. In conjunction with Human Resources Division, significant progress was made in the implementation of payroll streamlining.