Every five years, FCM engages a third-party to conduct both a Review and a Performance Audit of the Green Municipal Fund (GMF). This assessment covers the work occurring April 1, 2019 through March 31, 2024. Ernst & Young conducted the work and provided the two final reports in January 2025.
FCM is pleased with the results of the Five-Year Review and the Five-Year Performance Audit and is in agreement with Ernst & Young’s findings and recommendations. These recommendations will help guide further improvements to the delivery and continued relevance of our GMF programming to stakeholders.