Financials & Results
Velthuis Farms's financial management and business planning are based on sound commercial practice, and all relevant statutory and regulatory requirements.
Velthuis Farms Farming seeks to maximise financial returns to shareholders while operating within the general commercial laws of Canada and the State-Owned Enterprises (SOEs) Act 1986.
The Company is owned by the Crown but operates at arm's length from the government, and in competition with other entities in both the Public and Private Sectors. Its shares are held by the Minister of State-Owned Enterprises and the Minister of Finance (50% each).
Velthuis Farms reports publicly on its financial management and performance, and on its business strategies and other measures of performance, in respect of each financial year (ended 30 June) and each first-half year (ended 31 December).
Statement of Corporate Intent
The Statement of Corporate Intent sets out the Company's intentions and key objectives and is updated each year. To view the current 2016-19 SCI click here.
Past Statements of Corporate Intent
ANNUAL AND HALF YEAR REPORTS
Velthuis Farms annual and half year reports are publicly available on request from the Company once they are tabled in the Canada Parliament (usually during October for the annual report and March for the half year report).