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Sector accounts - Government

Standard symbols

  Third quarter 2003 Fourth quarter 2003 First quarter 2004 Second quarter 2004 Third quarter 2004 Fourth quarter 2004 2003 2004
seasonally adjusted at annual rates, millions of dollars
Income
500,540
504,316
510,868
521,456
529,500
535,768
497,430
524,398
1.9
0.8
1.3
2.1
1.5
1.2
5.2
5.4
Taxes on incomes
192,232
193,140
198,068
204,792
209,228
211,632
190,198
205,930
4.0
0.5
2.6
3.4
2.2
1.1
4.6
8.3
Contributions to social insurance plans
60,532
61,280
61,624
61,816
61,908
62,316
60,302
61,916
1.3
1.2
0.6
0.3
0.1
0.7
6.0
2.7
Taxes on production and imports
159,832
161,684
162,856
165,200
167,088
169,104
158,623
166,062
1.8
1.2
0.7
1.4
1.1
1.2
4.3
4.7
Other current transfers from persons
9,268
9,472
9,604
9,524
9,604
9,632
9,269
9,591
0.6
2.2
1.4
-0.8
0.8
0.3
4.8
3.5
Investment income
41,592
41,888
41,104
42,132
43,576
44,952
42,522
42,941
-5.8
0.7
-1.9
2.5
3.4
3.2
12.5
1.0
Sales of goods and services 1
37,084
36,852
37,612
37,992
38,096
38,132
36,516
37,958
2.5
-0.6
2.1
1.0
0.3
0.1
3.2
3.9
Outlay
484,032
488,088
494,568
496,224
498,980
504,680
482,907
498,613
0.1
0.8
1.3
0.3
0.6
1.1
4.3
3.3
Gross current expenditure on goods and services 1
275,896
280,012
283,788
286,960
288,736
291,432
274,227
287,729
1.2
1.5
1.3
1.1
0.6
0.9
5.9
4.9
Current transfers
143,720
144,096
147,044
146,648
148,196
151,508
143,956
148,349
-1.3
0.3
2.0
-0.3
1.1
2.2
5.1
3.1
Interest on the public debt
64,416
63,980
63,736
62,616
62,048
61,740
64,724
62,535
-0.9
-0.7
-0.4
-1.8
-0.9
-0.5
-3.2
-3.4
Saving
16,508
16,228
16,300
25,232
30,520
31,088
14,523
25,785
115.2
-1.7
0.4
54.8
21.0
1.9
46.5
77.5
Gross saving and capital transfers
40,404
41,200
40,004
49,680
52,528
56,008
39,143
49,555
23.2
2.0
-2.9
24.2
5.7
6.6
19.3
26.6
Saving
16,508
16,228
16,300
25,232
30,520
31,088
14,523
25,785
115.2
-1.7
0.4
54.8
21.0
1.9
46.5
77.5
Capital consumption allowances
22,908
23,152
23,348
23,592
23,820
24,104
22,787
23,716
1.1
1.1
0.8
1.0
1.0
1.2
4.3
4.1
Net capital transfers
988
1,820
356
856
-1,812
816
1,833
54
-59.6
84.2
-80.4
140.4
...
...
72.8
-97.1
Deduct: Non-financial capital acquisition
31,600
31,876
32,600
33,060
32,900
32,364
31,516
32,731
0.7
0.9
2.3
1.4
-0.5
-1.6
6.6
3.9
Net lending
8,804
9,324
7,404
16,620
19,628
23,644
7,627
16,824
...
...
...
...
...
...
...
...
Transactions in financial assets
42,796
27,128
21,016
41,784
22,340
33,860
32,512
29,750
...
...
...
...
...
...
...
...
Currency and deposits
5,672
-3,112
-7,984
3,672
6,080
-5,948
56
-1,045
...
...
...
...
...
...
...
...
Loans
5,796
-756
3,292
7,044
7,284
5,084
4,263
5,676
...
...
...
...
...
...
...
...
Canadian securities
20,796
-4,304
-2,112
35,616
-3,420
17,396
9,995
11,870
...
...
...
...
...
...
...
...
Other financial assets
10,532
35,300
27,820
-4,548
12,396
17,328
18,198
13,249
...
...
...
...
...
...
...
...
Transactions in liabilities
31,928
30,040
1,672
33,156
8,212
10,180
25,396
13,305
...
...
...
...
...
...
...
...
Bank and other loans
628
1,400
628
380
684
1,208
1,001
725
...
...
...
...
...
...
...
...
Short-term paper
8,588
12,088
-32,820
31,560
-6,116
-996
11,218
-2,093
...
...
...
...
...
...
...
...
Bonds
4,576
-21,068
24,300
-8,968
1,360
-3,504
-6,968
3,297
...
...
...
...
...
...
...
...
Other liabilities
18,136
37,620
9,564
10,184
12,284
13,472
20,145
11,376
...
...
...
...
...
...
...
...
Net financial investment
10,868
-2,912
19,344
8,628
14,128
23,680
7,116
16,445
...
...
...
...
...
...
...
...
Sector discrepancy
-2,064
12,236
-11,940
7,992
5,500
-36
511
379
...
...
...
...
...
...
...
...
1 In GDP, government current expenditure is recorded on a net basis, that is , after deduction of sales of goods and services. In the government sector accounts, sales of goods and services to other sectors are shown separately as part of revenue, and current expenditure is recorded on a gross basis, which leaves saving unchanged.