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Table E.4 Sector accounts - Government1

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Item Second quarter 2007 Third quarter 2007 Fourth quarter 2007 First quarter 2008 Second quarter 2008 Third quarter 2008 2006 2007
seasonally adjusted data at annual rates

1. The first line is the series itself expressed in millions of dollars, seasonally adjusted at annual rates. The second line is the period to period percentage change.

2. 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.

Source: Statistics Canada, Canadian Economic Accounts Quarterly Review, catalogue number 13-010-X.

Income

Millions of dollars

 620,660 623,316 630,492 627,688 637,028 639,712 588,638 619,472

Percent change

 2.9 0.4 1.2 -0.4 1.5 0.4 5.3 5.2

Taxes on incomes

Millions of dollars

 259,448 259,332 262,096 262,360 261,772 262,008 234,703 256,734

Percent change

 5.4 -0.0 1.1 0.1 -0.2 0.1 7.1 9.4

Contributions to social insurance plans

Millions of dollars

 68,592 68,952 69,724 69,608 70,020 70,344 67,991 68,870

Percent change

 0.6 0.5 1.1 -0.2 0.6 0.5 4.2 1.3

Taxes on production and imports

Millions of dollars

 182,164 183,692 185,576 181,548 183,956 184,016 176,703 182,638

Percent change

 1.7 0.8 1.0 -2.2 1.3 0.0 2.4 3.4

Other current transfers from persons

Millions of dollars

 12,160 12,104 12,256 12,276 12,252 12,292 11,375 12,061

Percent change

 3.7 -0.5 1.3 0.2 -0.2 0.3 5.8 6.0

Investment income

Millions of dollars

 52,000 52,564 53,484 54,296 60,564 62,176 52,906 52,600

Percent change

 -0.7 1.1 1.8 1.5 11.5 2.7 9.4 -0.6

Sales of goods and services2

Millions of dollars

 46,296 46,672 47,356 47,600 48,464 48,876 44,960 46,569

Percent change

 0.7 0.8 1.5 0.5 1.8 0.9 5.1 3.6

Outlay

Millions of dollars

 575,216 581,224 590,528 602,604 602,224 605,704 552,442 579,146

Percent change

 1.0 1.0 1.6 2.0 -0.1 0.6 5.5 4.8

Gross current expenditure on goods and services2

Millions of dollars

 342,404 342,700 350,912 355,104 361,504 364,648 323,882 343,041

Percent change

 1.9 0.1 2.4 1.2 1.8 0.9 6.9 5.9

Current transfers

Millions of dollars

 169,224 175,056 176,396 184,340 178,060 178,412 165,308 172,592

Percent change

 -0.3 3.4 0.8 4.5 -3.4 0.2 4.8 4.4

Interest on the public debt

Millions of dollars

 63,588 63,468 63,220 63,160 62,660 62,644 63,252 63,513

Percent change

 -0.3 -0.2 -0.4 -0.1 -0.8 -0.0 0.7 0.4

Saving

Millions of dollars

 45,444 42,092 39,964 25,084 34,804 34,008 36,196 40,326

Percent change

 34.4 -7.4 -5.1 -37.2 38.7 -2.3 2.2 11.4

Gross saving and capital transfers

Millions of dollars

 71,912 69,048 66,916 52,756 64,540 64,584 60,307 67,025

Percent change

 19.4 -4.0 -3.1 -21.2 22.3 0.1 3.7 11.1

Saving

Millions of dollars

 45,444 42,092 39,964 25,084 34,804 34,008 36,196 40,326

Percent change

 34.4 -7.4 -5.1 -37.2 38.7 -2.3 2.2 11.4

Capital consumption allowances

Millions of dollars

 27,996 28,396 28,808 29,272 29,700 30,140 26,401 28,201

Percent change

 1.4 1.4 1.5 1.6 1.5 1.5 7.0 6.8

Net capital transfers

Millions of dollars

 -1,528 -1,440 -1,856 -1,600 36 436 -2,290 -1,502

Percent change

 ... ... ... ... ... 1,111.1 ... ...

Deduct: Non-financial capital acquisition

Millions of dollars

 45,320 46,792 47,088 48,892 50,444 52,252 40,858 45,726

Percent change

 3.7 3.2 0.6 3.8 3.2 3.6 10.5 11.9

Net lending

Millions of dollars

 26,592 22,256 19,828 3,864 14,096 12,332 19,449 21,299

Transactions in financial assets

Millions of dollars

 22,552 15,580 30,112 29,588 87,104 62,080 24,693 35,222

Currency and deposits

Millions of dollars

 4,760 572 3,944 8,768 -1,632 8,436 1,424 2,403

Loans

Millions of dollars

 1,784 1,584 -176 -152 4,744 1,472 1,297 2,430

Canadian securities

Millions of dollars

 9,108 19,472 15,836 14,628 29,864 24,388 14,759 17,620

Other financial assets

Millions of dollars

 6,900 -6,048 10,508 6,344 54,128 27,784 7,213 12,769

Transactions in liabilities

Millions of dollars

 868 -12,324 15,908 22,696 74,188 51,380 4,001 15,275

Bank and other loans

Millions of dollars

 2,892 -264 988 736 760 972 595 1,169

Short-term paper

Millions of dollars

 -39,140 -16,836 16,720 -28,368 62,344 48,380 -4,538 -2,750

Bonds

Millions of dollars

 -6,956 12,772 -6,100 7,152 1,412 -17,060 -6,145 3,309

Other liabilities

Millions of dollars

 44,072 -7,996 4,300 43,176 9,672 19,088 14,089 13,547

Net financial investment

Millions of dollars

 21,684 27,904 14,204 6,892 12,916 10,700 20,692 19,947

Sector discrepancy

Millions of dollars

 4,908 -5,648 5,624 -3,028 1,180 1,632 -1,243 1,352
Date Modified: 2008-12-16

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