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Table 39
Local governments, book value, at quarter end

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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
Item	millions of dollars
Source: Statistics Canada, National Balance Sheet Accounts, quarterly estimates, catalogue number 13-214-X.
Total assets	347,328	355,387	360,843	368,374	384,142	405,934	334,276	360,843
Non-financial assets	285,312	292,387	298,170	305,193	320,966	344,060	271,935	298,170
Non-residential structures	217,509	222,793	227,063	232,295	244,334	262,250	207,567	227,063
Machinery and equipment	8,209	8,328	8,438	8,785	9,196	9,429	7,910	8,438
Land	59,594	61,266	62,669	64,113	67,436	72,381	56,458	62,669
Net financial assets	-23,589	-23,412	-24,555	-24,275	-25,174	-28,278	-18,063	-24,555
Financial assets	62,016	63,000	62,673	63,181	63,176	61,874	62,341	62,673
Currency and bank deposits	12,473	14,314	14,321	13,784	15,460	15,115	12,773	14,321
Other deposits	86	82	36	558	301	548	40	36
Foreign currency deposits	36	32	24	20	23	36	30	24
Trade receivables	3,035	3,160	3,360	3,360	3,360	3,460	3,170	3,360
Other loans	205	205	204	174	174	184	278	204
Canada short-term paper	608	806	770	750	1,166	1,261	429	770
Other short-term paper	9,479	10,589	7,654	8,074	7,416	8,066	6,579	7,654
Canada bonds	3,345	3,195	2,737	2,570	2,761	2,594	3,202	2,737
Provincial bonds	3,769	3,853	3,837	3,741	3,475	3,448	3,800	3,837
Municipal bonds	2,354	2,358	2,270	2,365	2,696	2,750	2,172	2,270
Other bonds	8,138	7,987	8,024	8,354	8,727	8,557	8,204	8,024
Government claims	2,893	2,874	3,141	3,101	3,067	3,055	2,914	3,141
Other financial assets	15,595	13,545	16,295	16,330	14,550	12,800	18,750	16,295
Liabilities and net worth	347,328	355,387	360,843	368,374	384,142	405,934	334,276	360,843
Liabilities	85,605	86,412	87,228	87,456	88,350	90,152	80,404	87,228
Trade payables	9,902	9,927	9,977	10,017	10,217	10,367	9,502	9,977
Bank loans	3,379	3,097	3,012	3,391	3,250	3,297	2,749	3,012
Other loans	4,374	4,404	4,428	4,434	4,415	4,416	4,366	4,428
Other short-term paper	169	167	162	152	132	138	163	162
Municipal bonds	45,394	45,839	46,601	47,002	47,861	48,084	43,772	46,601
Government claims	66	66	66	66	66	66	66	66
Other liabilities	22,321	22,912	22,982	22,394	22,409	23,784	19,786	22,982
Net worth	261,723	268,975	273,615	280,918	295,792	315,782	253,872	273,615

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Table 39Local governments, book value, at quarter end

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Table 39
Local governments, book value, at quarter end