SASKATOON — The City of Saskatoon has clinched the Canadian Award for Financial Reporting, bestowed by the Government Finance Officers Association of the United States and Canada.
This recognition was conferred upon Saskatoon for its 2021 Annual Report, marking a significant triumph for the city's municipal government and its financial management.
The accolade underscores Saskatoon's unwavering dedication to upholding rigorous financial transparency and accountability standards, cementing its reputation as a paragon of excellence, according to a press release.
"We take immense pride in receiving this award for an impressive 15th consecutive year, which underscores the tireless efforts of our staff in establishing the City of Saskatoon as a trailblazer in producing top-notch financial reports year after year,” remarked Kari Smith, the finance director.
“We remain steadfast in our commitment to fostering trust through transparent financial reporting and the responsible management of taxpayer funds,"
The Canadian Award for Excellence in Financial Reporting Program (CanFR) was established to encourage municipal governments across Canada to publish good financial reports while offering peer recognition and technical guidance to officials involved in their preparation.
This accolade signifies an achievement by the government and its management, as it was assessed by impartial members of the Canadian Review Committee, who deemed Saskatoon's 2021 annual financial report to meet the exacting standards of the program. The report effectively conveyed the municipality's economic narrative in a constructive "spirit of full disclosure," inspiring readership among potential users and user groups.
To review additional financial reports from the City of Saskatoon, visit .
