Statement of financial position
Estates and trusts
As at March 31 (in thousands of dollars)
| Assets | 2025 actual | 2024 actual |
|---|---|---|
| Cash and cash equivalents 4.1 | 23,541 | 39,502 |
| Accounts receivable 6 | 7,847 | 8,485 |
| Investments at fair value through profit or loss: bonds and other debt securities – client owned 4.1 | N/A | 50,147 |
| Investments at fair value through profit or loss: Canadian Core Fixed Income Fund 4.2 | 50,679 | 135,426 |
| Investments at fair value through profit or loss: Canadian Core Equity Fund 4.3 | 183,737 | 58,661 |
| Investments at fair value through profit or loss: Global Equity Fund 4.4 | 67,053 | 74,815 |
| Investments at fair value through profit or loss: Canadian income and dividend fund 4.5 | 86,294 | 145,864 |
| Investments at fair value through profit or loss: equity securities – client owned 4.6 | 169,409 | 218,597 |
| Investments in fixed income funds 4.7 | 1,973,215 | 1,857,130 |
| Real estate | 274,400 | 269,662 |
| Other assets 7 | 32,739 | 19,088 |
| Total assets | 3,126,315 | 2,877,377 |
| Liabilities | 2025 actual | 2024 actual |
| Accounts payable and accrued liabilities 8 | 119,495 | 119,564 |
| Net assets attributable to beneficiaries of estates and trusts | 3,006,820 | 2,757,813 |
| Total liabilities and net assets attributable to beneficiaries of estates and trusts | 3,126,315 | 2,877,377 |
Administration fund
As at March 31 (in thousands of dollars)
| Assets | 2025 actual | 2024 actual |
|---|---|---|
| Cash and cash equivalents | 348 | 474 |
| Accounts receivable 6 | 4,280 | 4,767 |
| Canadian Core Fixed Income Fund 4.2 | 39,090 | 36,132 |
| Canadian Core Equity Fund 4.3 | 63,727 | 56,466 |
| Global Equity Fund 4.4 | 41,528 | 39,482 |
| Investments at fair value through profit or loss: Canadian income and dividend fund 4.5 | 38,836 | 35,004 |
| Investments in fixed income funds 4.7 | 21,039 | 18,112 |
| Total assets | 208,848 | 190,437 |
| Liabilities | 2025 actual | 2024 actual |
| Accounts payable and accrued liabilities 8 | 10,382 | 9,553 |
| Total liabilities | 10,382 | 9,553 |
| Equity | 2025 actual | 2024 actual |
| Funds and reserves | 17,500 | 17,500 |
| Unappropriated fund | 180,966 | 163,384 |
| Total equity | 198,466 | 180,884 |
| Total liabilities and equity | 208,848 | 190,437 |
The accompanying notes are an integral part of these financial statements.
On behalf of the Public Guardian and Trustee for the Province of Ontario:
Sidney Peters
Public Guardian and Trustee
Adesh Ramganesh, CPA, CMA
Chief Financial Officer
Updated: September 23, 2025
Published: September 09, 2025