Allowance for Valuation
Public Accounts of Canada 2016 Volume I—Top of the page Navigation
In accordance with the comprehensive policy on valuation, assets are subject to an annual valuation to reflect reductions from the recorded value to the estimated net recoverable value.
The allowance for valuation, for loans, investments and advances, represents the estimated losses on the realization of the loans, investments and advances included in the accounts of Canada at year end.
Public Accounts of Canada 2016 Volume I—Bottom of the page Navigation
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