FINANCIAL HIGHLIGHTS

Pulse Canada 2025-26 financial highlights are presented below. Findlay CPA conducted the annual audit for the fiscal year ended March 31, 2026. Financial statements were prepared in accordance with Canadian Generally Accepted Auditing Standards. This report contains selected summarized information from those financial statements.

7

Revenue Sources

$12.8M

Total Revenue

$11.7M

Total Program Expenditures

WHERE OUR FUNDING COMES FROM

REVENUES

Pulse Canada’s revenue comes from three primary sources: funding from Pulse Canada Members (Alberta Pulse Growers, Saskatchewan Pulse Growers, Manitoba Pulse & Soybean Growers, Ontario Bean Growers and The Canadian Pulse & Special Crops Trade Association), targeted funding from other industry associations, and funding from Agriculture and Agri-Food Canada under AgriMarketing, AgriAssurance, and the Pulse Science Cluster programs.

Pulse Canada Financial Highlights 2025-26

Revenue Source

2025-26

2024-25

Pulse Canada Member – Base

$3,485,000

$3,470,000

Pulse Canada Member – Targeted

$3,175,564

$2,194,781

Other Industry Association – Targeted

$670,834

$937,000

Government of Canada – AgriMarketing Program

$2,273,157

$2,583,236

Government of Canada – AgriAssurance Program

$1,426,841

$807,546

Government of Canada – Pulse Science Cluster

$1,588,330

$1,596,618

Protein Industries Canada

–

$279,525

Other Revenue

$208,661

$199.096

TOTAL

$12,828,387

$12,067,802

HOW FUNDING IS DEPLOYED

PROGRAM EXPENDITURES

Pulse Canada’s member funding was used for 100% direct investment programs as well as to leverage additional funding through federal government cost-shared programs.

COST SHARED

$9.2M

Member funding that was used in cost-shared programming

DIRECT INVESTMENT

$2.5M

Member funding used directly for programs

Program Type

2025-26

2024-25

Cost-Shared Programs

$9,214,945

$9,055,526

Direct Programming

$2,509,267

$1,435,613