November 10, 2021
Required by the Government Corporation Control Act of 1945 and the Chief Financial Officers Act of 1990
Independent Auditor’s Report on the Great Lakes Saint Lawrence Seaway Development Corporation’s Financial Statements for Fiscal Years 2021 and 2020
What We Looked At
In accordance with the Government Corporation Control Act of 1945, we audited the financial statements of the Great Lakes Saint Lawrence Seaway Development Corporation (GLS), a U.S. Government Corporation, as of and for the fiscal years ended September 30, 2021, and September 30, 2020.
What We Found
In our opinion, GLS’s financial statements present fairly, in all material respects, GLS’s financial position as of September 30, 2021, and September 30, 2020, and its operations and changes in cumulative results of operations, cash flows, budgetary resources and actual expenses, and changes in equity of the U.S. Government for the years then ended, in accordance with U.S. generally accepted accounting principles. We found no material weaknesses in internal control over financial reporting based on the limited procedures we performed. We also found no reportable noncompliance for fiscal year 2021, with provisions of the applicable laws, regulations, and contracts we tested.
We are making no recommendations.