NVCA maintains strong financial position: 2025 audit

NVCA maintains strong financial position: 2025 audit

UTOPIA, Ontario (May 5, 2026) – The Nottawasaga Valley Conservation Authority (NVCA) continues to demonstrate strong fiscal management and responsible stewardship of public funds, maintaining a solid financial position, with healthy reserves, and prudent financial controls, according to its 2025 financial audit conducted by KPMG.

Over the past year, NVCA has undertaken a focused effort to strengthen its financial foundation while continuing to deliver core, legislated, watershed-based services, including flood and erosion risk management, environmental protection, and technical services, in support of municipalities, landowners, and residents.

“In 2025, we made deliberate operational and organizational improvements while maintaining a strong focus on fiscal discipline,” said Jennifer Vincent, CAO of NVCA. “Despite capacity pressures and evolving service demands, we delivered tangible results in flood and erosion protection, environmental services, and community engagement. These achievements reflect careful planning, responsible use of resources, and a renewed commitment to timely, transparent, and responsive service.”

As part of this effort, NVCA enhanced internal processes, increased staffing capacity where required to meet legislative responsibilities, and launched a new e-permitting platform to improve service efficiency. These changes were implemented while closely monitoring expenditures and maintaining financial stability.

“Careful stewardship of the public’s money is a top focus of our board and staff,” said Jonathan Scott, NVCA Chair. “Over the past year, we’ve taken clear steps to control costs, improve efficiency, and ensure value for our member municipalities and funders. We’ve worked hard to become a more disciplined, efficient, and well-managed organization.”

Chair Scott added that the clean audit reflects both sound financial oversight and NVCA’s commitment to transparency and accountability.

“This audit confirms that NVCA is on solid financial footing and managing public funds carefully,” he said. “This diligence positions us well as the province moves forward with the consolidation of our authority into the new Lake Huron Regional model. Our firm fiscal foundation provides confidence that we are well-positioned to continue delivering reliable, high-quality services while making responsible decisions about the future.”

NVCA’s full audit and financial statements are available at nvca.on.ca.