150 Elgin Street, 8th Fl, Suite 1053
Ottawa, ON K2P 1L4
Board Chair: Michele McKenzie
CEO: Mathieu Roy

Charitable Reg. #:13749 6741 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 2/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

B+

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

20%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 20 cents are available for programs.



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OVERVIEW

About Trans Canada Trail:

Trans Canada Trail is a 2-star charity. It has above average disclosure with a B+ results reporting grade. It holds reserves within Ci’s reasonable range. For every dollar donated to the charity, 20 cents are available to go to the cause. This is outside of Ci's reasonable range. 

Trans Canada Trail (TCT) was founded in 1992 to build a multi-use recreational trail connecting Canada's provinces and territories. The network spans over 28,000 kilometres and connects 15,000 communities across the country.

TCT does not build or maintain trails directly. It provides grants, training, and resources to the local groups that do.

TCT runs two programs: Trail Development, and Trail Engagement & Promotion. It spent $11.4m on programs in the fiscal year ending March 2025 (F2025).

Trail Development is TCT's core program. In F2025, TCT spent $8.9m on Trail Development, representing 78% of total program spending. The charity funds trail building, repairs, and upgrades through the Trail Catalyst Fund, which offers eight grant streams: environmental restoration, disaster relief, Indigenous-led projects, construction, signage, training, maintenance, and accessibility. In F2025, the charity completed 557 trail projects, added over 700 kilometres to the network, installed 5,200 wayfinding signs, and funded six climate emergency repairs.

Trail Engagement and Promotion accounted for $2.6m in spending in F2025, representing 22% of total program spending. This program works to increase trail use through campaigns, events, partnerships, and youth employment. TCT hosted the World Trails Conference with 400 delegates from 30 countries. It held 13 International Trails Day events with 2,500 participants. The charity delivered Trail Crew Training to 130 youths, 96% of whom were Indigenous.

 

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Results and Impact

In 2024, Econsult Solutions Inc. published an independent study measuring the economic, environmental, and public health benefits of the Trans Canada Trail. Trail use generates $23 billion in annual economic activity nationwide, supporting 221,500 jobs and $7 billion in wages. Physically active trail users contribute an estimated $1.7 billion in annual healthcare savings and $62.6m in mental healthcare savings. Ecosystems within the trail network provide $82.2m in annual environmental benefits, including flood mitigation, carbon sequestration, and stormwater management. In F2025, the trail recorded 145 million visits.

According to TCT's F2025 Annual Report, 87% of Canadians reported that trails add value to their communities and improve quality of life. 99 youths gained work experience across 54 groups through TCT's Youth Employment Program in F2025.

While Ci highlights these key results, they may not be a complete representation of Trans Canada Trail's results and impact. Trans Canada Trail is not yet rated on impact (n/r). This does not affect its star rating.

 

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Finances

In F2025, Trans Canada Trail earned $15.2m in revenue. It received $2.8m in donations (18% of total revenue) and $11.5m in government funding (76% of total revenue).

Administrative costs are 16% of revenues (less investment income). Fundraising costs are 64% of donations. Total overhead is 80%. For every dollar donated, 20 cents are available to go to the cause. This is outside Ci's reasonable range.

In F2025, the charity had an operating deficit of $293k. This brought its reserve funds (cash and investments) to $12.2m, including $53k in donor-endowed funds. Excluding donor-endowed funds, these reserves cover 106%, or just over one year of its annual program spending. 

This charity update has been sent to Trans Canada Trail for review. Changes and edits may be forthcoming. Updated by Nick Reszetnik on May 29, 2026.

 

 

 

Financial Review


Financial Ratios

Fiscal year ending March
202520242023
Administrative costs as % of revenues 15.7%22.9%17.4%
Fundraising costs as % of donations 64.1%80.4%54.2%
Total overhead spending 79.8%103.3%71.5%
Program cost coverage (%) 106.0%114.7%153.2%

Summary Financial Statements

All figures in $000s
202520242023
Donations 2,8032,5012,783
Government funding 11,54610,2449,000
Investment income 641707331
Other income 216619
Total revenues 15,20713,51312,122
Program costs 11,41710,1498,451
Administrative costs 2,2862,9282,050
Fundraising costs 1,7962,0111,507
Total spending 15,49915,08812,008
Cash flow from operations (293)(1,575)114
Capital spending 211428
Funding reserves 12,15511,69012,997

Note: 1. DEFERRED REVENUE: Ci adjusted for deferred contributions. Total deferred adjustments affected revenue by ($622k) in F2025, $348k in F2024, and ($142k) in F2023. 

Salary Information

Full-time staff: 55

Avg. compensation: $74,026

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
2
$120k - $160k
2
$80k - $120k
5
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2025

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.tctrail.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (800) 465-3636

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Charitable Registration Number: 80340 7956 RR0001