NATURAL SCIENCES AND ENGINEERING RESEARCH COUNCIL FINANCIAL STATEMENTS For the year ended March 31, 2017

decreased by $9.5 million for 2012-13 to date over the previous year; the majority of which is attributed to the transfer payment (grants and scholarships) programs ($13.1 million)

$9.3 million (0.9 %) over the prior year, of which $4.8 million (52% of the total changes) represented a decrease in NSERC’s grants and scholarships programs while the authorities

Natural Sciences and Engineering Research Council of Canada Quarterly Financial Report. For the quarter ended December 31, 2012 Statement of

Natural Sciences and Engineering Research Council of Canada Quarterly Financial Report.. For the Quarter Ended June

Natural Sciences and Engineering Research Council of Canada Quarterly Financial Report.. For the Quarter Ended September 30,

This timing difference was offset by the additional grants and scholarships spending related to the expanded program authorities and the related increased take-up in certain

In addition to these payment timing differences, the additional grants and scholarships spending related to the expanded program authorities, and the related increased take-up

The increase in grant and scholarship expenditures is the net result of previously expanded program authorities in specific programs, increasing demand in some programs and