Consolidated Statement of Revenues and Expenses

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Table 1 presents revenues and expenses for fiscal year 2014–2015. In addition, detailed information is provided in Section 3 of Volume I of the Public Accounts of Canada.

Table Summary

The table presents Consolidated Statement of Revenues and Expenses. The table consists of 2 columns: Description; Current year. The table displays the categories of Revenues and Expenses with subtotals for revenues and expenses and annual deficit for the fiscal year.

(in thousands of dollars)

Table 1
Consolidated Statement of Revenues and Expenses

Description 2014–2015
Revenues  
Tax revenues —  
Income tax revenues —  
Personal 135,743,323
Corporate 39,446,519
Non‑resident 6,216,306
Subtotal 181,406,148
Other taxes and duties —  
Goods and services tax 31,348,647
Energy taxes —  
Excise tax — Gasoline 4,317,577
Excise tax — Aviation gasoline and diesel fuel 1,210,365
Subtotal 5,527,942
Customs import duties 4,581,247
Other excise taxes and duties —  
Excise duties 4,813,443
Air travellers security charges 695,702
Miscellaneous excise taxes and duties 214,908
Subtotal 5,724,053
Subtotal 47,181,889
Total tax revenues 228,588,037
Employment insurance premiums 22,563,966
Other revenues —  
Crown corporations —  
Consolidated Crown corporations 4,173,928
Enterprise Crown corporations and other government business enterprises —  
Share of annual profit 8,364,946
Interest and other 941,047
Subtotal 13,479,921
Other programs —  
Return on investments 1,927,242
Sales of goods and services 8,949,822
Miscellaneous revenues 5,481,962
Subtotal 16,359,026
Net foreign exchange —  
Exchange Fund Account 839,795
International Monetary Fund 495,230
Other 19,964
Subtotal 1,354,989
Total other revenues 31,193,936
Total revenues 282,345,939
Expenses  
Transfer payments —  
Old age security benefits, guaranteed income supplement and spouse's allowance 44,102,941
Major transfer payments to other levels of government —  
Canada health transfer 32,114,006
Canada social transfer 12,581,729
Fiscal arrangements 20,505,247
Quebec abatement (negative 4,233,806)
Other major transfers 2,142,269
Subtotal 63,109,445
Employment insurance benefits 18,052,183
Children's benefits 14,302,618
Other transfer payments 35,125,708
Total transfer payments 174,692,895
Other program expenses —  
Crown corporations 7,590,118
Agriculture and Agri‑Food 791,133
Canada Revenue Agency 8,108,178
Employment and Social Development 2,646,267
Environment 1,540,841
Fisheries and Oceans 1,581,316
Foreign Affairs, Trade and Development 2,086,758
Health 3,313,144
Indian Affairs and Northern Development 1,204,065
Industry 2,150,726
Justice 1,280,065
National Defence 23,668,754
Natural Resources 1,066,900
Public Safety and Emergency Preparedness 9,830,728
Public Works and Government Services 4,267,386
Treasury Board 3,276,765
Other ministries 4,744,340
Total other program expenses 79,147,484
Total program expenses 253,840,379
Public debt charges 26,594,069
Total expenses 280,434,448
Annual surplus 1,911,491

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