Annual reports
Annual Financial Report
The Annual Financial Report reflects our commitment to strong governance, accountability and transparency. It provides a comprehensive view of the consolidated financial statements in accordance with Canadian generally accepted accounting principles (GAAP), established by the Public Sector Accounting Board and published by the Chartered Professional Accountants Canada.
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View the 2025 Annual Financial Report
Annual Investment Report
Building trust through transparency. We share clear and timely investment information so Calgarians can understand how City funds are managed under strong governance and disciplined risk oversight. Our Annual Investment Report highlights key financial results, market trends and long‑term investment strategies, and shows how investment income helps support City services, infrastructure and community priorities that make Calgary a great place to live.
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Income available for allocation in 2025
In 2025, the City’s investment portfolio earned a 5.17 per cent return after fees. After accounting for all required costs, $452.9 million of investment income is available to support City programs, services and capital projects.
More detailed performance and benchmark information is provided within the report.
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View the 2025 Annual Investment Report
Awards and recognition
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We hold some of Canada’s top municipal credit ratings, affirming our resilience and prudent financial management.
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Consistently recognized for excellence in financial reporting.
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Consistently named one of the world’s most livable cities by The Economist.
