Supporting Documentation: Revenues, expenses and accumulated deficit, as per Public Accounts of Canada

General notes

• Amounts are rounded to the nearest million, matching how the values are represented in the associated table within the Public Accounts of Canada. As of the PAC 2025 release of this data, a new field Amt-units_Mnt-unite containing the value "x1000000" has been added to the CSV file to clearly indicate this for all rows.
• As of the 2025 release, the following columns were renamed to improve readability and bilingualism:
  • ACCOUNT was renamed to Account_Compte_eng
  • COMPTE was renamed to Account_Compte_fra
  • TYPE_EN was renamed to Type-detail_eng
  • TYPE_FR was renamed to Type-detail_fra
  • SUB-TYPE was renamed to Type-detail2_eng
  • SOUS-TYPE was renamed to Type-detail2_fra
  • SUB-SUB-TYPE was renamed to Type-detail3_eng
  • SOUS-SOUS-TYPE was renamed to Type-detail3_fra
  • SUB-SUB-SUB-TYPE was renamed to Type-detail4_eng
  • SOUS-SOUS-SOUS-TYPE was renamed to Type-detail4_fra
  • TYPE-DETAIL was renamed to Type-detail5_eng
  • TYPE-DÉTAIL was renamed to Type-detail5_fra
• Under the header Type-detail_eng:
  • Additional details on Tax revenues are provided in Table 4a, Section 1 of Volume II of the Public Accounts of Canada.
  • Additional details on Other revenues are provided in Table 4a, Section 1 of Volume II of the Public Accounts of Canada.
  • A summary of Public debt charges is provided in Table 2a, Section 1 of Volume II of the Public Accounts of Canada.
  • Additional details on Public debt charges are provided in Section 7 of Volume III of the Public Accounts of Canada.
• Under the header Type-detail3_eng:
  • The goods and services tax (GST) is reported in the Statement of Operations and Accumulated Deficit, Section 2 of Volume I of the Public Accounts of Canada.
  • Additional details on the Return on investments are provided in Table 4a, Section 1 of Volume II and in Section 10 of Volume III of the Public Accounts of Canada.
• Amounts less than $500,000 are not presented.

2008

Public debt charges

Certain comparative figures have been reclassified to conform to the current year's presentation.

2009

Tax revenues

Under the header Type-detail3_eng, element "Other income tax revenues" was modified to read "Non-resident".

Public debt charges

• Element "Other liabilities" was moved over from the column under the header Type-detail3_eng to that under the header Type-detail4_eng.
• Certain comparative figures have been reclassified to conform to the current year's presentation.

2010

Return on investments

Under the header Type-detail4_eng, element "Net gain (loss) on exchange" was modified to read "Net (loss) gain on exchange" to reflect the fact that the current year’s figure is a net loss on exchange.

Public debt charges

• Under the header Type-detail2_eng, element "Other" was added.
• Under Type-detail3_eng, element "Amortization of premiums, discounts and commissions on:" was divided and its related items listed respectively according to the following new elements: "Amortization of discounts on Canada and Treasury Bills" and "Amortization of premiums and discounts on all other debts".
• Elements "Canada Pension Plan", "Government Annuities Account", "Deposit and trust accounts", "Other specified purpose accounts" and "Other liabilities" previously under the header Type-detail4_eng were moved under the header Type-detail3_eng.
• Certain comparative figures have been reclassified to conform to the current year's presentation.

2011

Other revenues

Under the header Type-detail3_eng, element "Consolidated Crown corporations and other entities" was modified to read "Consolidated Crown corporations".

Public debt charges

Under the header Type-detail2_eng, element "Other" was modified to read "Other liabilities".

2012

Revenues, expenses and accumulated deficit

Certain comparative figures have been reclassified to conform to the current year's presentation.

Return on investments

• Under the header Type-detail4_eng, element "Net (loss) gain on exchange" was modified to read "Net gain (loss) on exchange" to reflect the fact that the current year’s figure is a net gain on exchange.
• Certain comparative figures have been reclassified to conform to the current year's presentation.

2013

Revenues, expenses and accumulated deficit

Certain comparative figures were restated. Details on the restatement can be found in Note 2, Section 2 of Volume I of the Public Accounts of Canada.

Tax revenues & Public debt charges

Certain comparative figures were restated. Details on the restatement can be found in Note 2, Section 2 of Volume I of the Public Accounts of Canada.

Other revenues

Certain comparative figures were reclassified to conform to the current year's presentation.

2014

Revenues, expenses and accumulated deficit & Public debt charges

Certain comparative figures were restated. Details can be found in Note 2, Section 2 of Volume I of the Public Accounts of Canada.

Return on investments

Under the header Type-detail5_eng, element "Net gain (loss) on exchange" was modified to read "Net gain on exchange" to reflect the fact that both the current and previous year’s figures are net gains on exchange.

2017

Revenues, expenses and accumulated deficit

• Under headers 2016/2017 and 2015/2016-COMP, the accounting sign presented for data related to account "Accumulated deficit at beginning of the year" was modified to present the amounts as negative.
• Under the header Type-detail_eng, element "Other program expenses" was modified to read "Other expenses".
• Under the header Account, element "Other comprehensive loss" was modified to read "Other comprehensive income or (loss)" to reflect the current year’s result.

Other revenues

Due to the removal of "Crown Corporations" as a Type-detail_eng under "Other revenues", all elements under "Enterprise Crown corporations and other government business enterprises" were moved over in the dataset.

Expenses

Under the header Type-detail_eng, element "Other program expenses" was modified to read "Other expenses".

Other revenues & Public debt charges

Certain comparative figures were reclassified to conform to the current year's presentation. Details on the reclassification are provided in Note 2, Section 2 of Volume I of the Public Accounts of Canada.

2018

Revenues, expenses and accumulated deficit

• Under the header Account_Compte_eng, element "Other comprehensive income or (loss)" was modified to read "Other comprehensive (loss) income" to reflect the current year’s result.
• Comparative figures related to "Other expenses" (under the header Type-detail_eng) as well as "Public debt charges" (under the header Type-detail_eng) were restated. Details on the restatement are provided in Note 2 in Section 2 of Volume I of the Public Accounts of Canada.

Return on investments

Under header Type-detail5_eng, elements "Net gain on exchange" and "Accrual of other revenues" were moved under header Type-detail4_eng.

Public debt charges

Under header Type-detail3_eng, element "Other unmatured debt" was modified to read as follows: "Obligation under public-private partnerships".

2019

Revenues, expenses and accumulated deficit

Comparative figures related to "Other revenues" (under the header Type-detail_eng) as well as "Other expenses" (under the header Type-detail_eng) were restated. Details on the restatement are provided in Note 2, Section 2 of Volume I of the Public Accounts of Canada.

Other revenues

Comparative figures related to "Sales of goods and information products" (under the header Type-detail3_eng) have been restated. Details on the restatement are provided in Note 2, Section 2 of Volume I of the Public Accounts of Canada.

Return on investments

Under header Type-detail4_eng, element "Other accounts" was added.

Public debt charges

• Under header Type-detail3_eng:
  • element "Capital lease obligations" was modified to read as follows: "Interest on capital lease obligations".
  • element "Obligation under public-private partnerships" was modified to read as follows: "Interest on obligations under public-private partnerships".

2020

Revenues, expenses and accumulated deficit

• Under header Account_Compte_eng:
  • element "Net actuarial losses" was added
  • element "Other comprehensive (loss) income" was modified to read "Other comprehensive income (loss)" to respectively reflect the order of current and previous year results
• Under header Type-detail_eng:
  • element "Fuel charge proceeds" was added
  • element "Other expenses" was modified to read "Other expenses, excluding net actuarial losses"
• Comparative figures related to "Other expenses, excluding net actuarial losses" (under the header Type-detail_eng) and "Net actuarial losses" (under the header Account_Compte_eng) have been reclassified to conform to the current year’s presentation

Other revenues

Under header Type-detail2_eng, element "Net foreign exchange" was modified to read "Net foreign exchange revenues".

Public debt charges

Under header Type-detail3_eng, element "Cross-currency swap revaluation" was modified to read "Net interest on cross-currency swaps".

2021

Goods and services tax

The quarterly tax credits (under the header Type-detail4_eng) include the additional GST credit payments totalling $5,425 million in response to the impact of the COVID-19 pandemic.

2023

Revenues, expenses and accumulated deficit

Due to adoption of new accounting standards (PS3450, PS1201, PS2601), certain comparative figures have been restated to conform to current year presentation. For details please refer to Note 2 of Volume I Section 2 of the Public Accounts of Canada.

Return on investments

Due to implementation of new accounting standards (PS3450, PS1201, PS2601), to conform to current year presentation, the following elements, previously presented under header Type-detail4_eng as "Loans, investments and advances" and listed under header Type-detail5_eng as "National governments including developing countries", "International organizations" and "Other loans, investments and advances" have been reclassified into "Other loans, investments and advances" presented under header Type-detail4_eng only.

Public Debt Charges

• Due to adoption of new accounting standards (PS3450, PS1201, PS2601), the following elements listed under header Type-detail2_eng - "Unmatured debt" and previously presented under headers Type-detail3_eng and Type-detail4_eng have all been reclassified into "Interest on marketable bonds":
  • "Interest" / "Marketable bonds"
  • "Interest" / "Retail debt"
  • "Interest" / "Medium-term notes"
  • "Amortization of discounts on Canada and Treasury bills" / "Treasury bills"
  • "Amortization of discounts on Canada and Treasury bills" / "Canada bills"
  • "Amortization of premiums and discounts on all other debts" / "Marketable bonds"
  • "Amortization of premiums and discounts on all other debts" / "Foreign bonds"
  • "Amortization of premiums and discounts on all other debts" / "Real return bonds"
  • "Amortization of premiums and discounts on all other debts" / "Consumer price index adjustments on real return bonds"
  • "Servicing costs and costs of issuing new borrowings"
• Due to adoption of new accounting standards (PS3450, PS1201, PS2601), comparative figures for the element "Interest on marketable bonds" (under header Type-detail3_eng) have been reclassified to conform to the current year’s presentation.

2024

Other revenues

• Due to adoption of new accounting standards (PS3400), the following elements listed under header Type-detail3_eng "Sales of goods and services" and previously presented under header Type-detail4_eng have all been reclassified to Type-detail3_eng "Sales of goods and services":
  • "Rights and privileges",
  • "Lease and use of public property",
  • "Services of a regulatory nature",
  • "Sales of goods and information products", and
  • "Other fees and charges"
• Due to adoption of new accounting standards (PS3400), the following elements listed under header Type-detail3_eng - "Miscellaneous" and previously presented under header Type-detail4_eng have all been reclassified to Type-detail3_eng "Miscellaneous":
  • "Interest and penalties", and
  • "Other"
• Under header Type-detail3_eng, element "Share of annual (loss) profit" was modified to read "Share of annual profit (loss)".
• Under header Type-detail4_eng, element "Net (loss) gain on exchange" was modified to read "Net loss on exchange".
• Under header Type-detail2_eng, element "Net foreign exchange revenues" was modified to read "Net foreign exchange revenues and return on investments".
• Under header Type-detail3_eng, elements "Exchange Fund Account", "International Monetary Fund" and "Other" were moved to Type-detail4_eng and the Type-detail3_eng modified to read "Net foreign exchange revenues".
• Under header Type-detail2_eng, element "Other programs" was modified to read "Other program revenues".

Revenues, expenses and accumulated deficit

• Account_Compte_eng element "Other comprehensive income" was removed.
• Account_Compte_eng element "Accumulated deficit at beginning of year" was modified to read "Accumulated operating deficit at beginning of year, and
• Under header Type-detail_eng, element "Proceeds from the pollution pricing framework" was modified to read "Pollution pricing proceeds".

Return on investments

• Type-detail4_eng element "Accrual of other revenues" was removed.

Related Links

• Previous years: Public Accounts of Canada
• Current year: Public Accounts of Canada
• Open Government Portal