7.2 Object codes: Assets, liabilities and other transactions—Detailed for 2017 to 2018

The Object codes in the government-wide Chart of Accounts are included in this section. This object classification identifies the types of resources acquired or disbursed through transactions with a third party or other government departments.

7.2 Object codes: Assets, liabilities and other transactions—Summary for 2017 to 2018

C
Objects for Assets, Liabilities and Other transactions
5
Assets
50
Loans, investments, and advances
501
Loans

Description:

Certificates of indebtedness, usually interest-bearing, held by the Government of Canada on outside parties for specified periods and authorized by non-budgetary appropriations. The government makes loans to many different types of individuals and organizations. The following objects have been established to identify the major transactions that pertain to loans.
5010
Acquisition of loans with cash

Description:

Loans acquired through the payment of cash to the outside party with whom the loan was made. Note: Loans to entities included in object 5013 are excluded.
5011
Acquisition of loans with other assets

Description:

Loans acquired through the transfer of other assets to the recipient of the loan. This includes the acquisition of a loan by converting an advance into a loan. Note: Loans included in object 5013 are excluded.
5013
Loans to appropriation-dependent Crown corporations

Description:

Loans acquired through the payment of cash pursuant to an agreement with appropriation-dependent Crown corporation which rely on Government funding as their principal source of revenue.
5015
Settlement of loans with cash

Description:

Cash received from an outside party to settle an outstanding loan in whole or in part. Such payments are usually made in accordance with a schedule of repayment that is included in the terms of the loan agreement. Note: Repayments from entities included in object 5018 are excluded.
5016
Settlement of loans with other assets

Description:

The value received in the form of other assets to settle a loan in whole or in part. This includes the settlement of a loan by converting it into an investment. Note: Repayments from entities included in object 5018 are excluded.
5018
Repayment of loans from appropriation-dependent Crown corporations

Description:

Cash received from an appropriation-dependent Crown corporation, usually in accordance with a repayment schedule pursuant to an agreement.
5020
Foreign currency translation of loans

Description:

The increase or decrease in the value of a loan denominated in a foreign currency as the result of year end closing rates of exchange. Note: In accordance with the government's accounting policies, assets and liabilities resulting from foreign currency transactions are reported at year end closing rates of exchange.
5021
Write-off of loans

Description:

Loans that have been written off to budgetary expenditures in accordance with a specific appropriation for that purpose. Notes: 1. This object is to be used to record loans written off including those on which there is a clause of forgiveness. The expenditure offset to the write-off of loans will be coded to expenditure object 3215. 2. This object does not include increases or decreases to the allowance for valuation prior to write-off which are included in object 7021.
5029
Other adjustments to Loans

Description:

All other transactions that pertain to loans which include: (i) other acquisitions of loans i.e. loans acquired for consideration other than cash or other assets. (ii) other settlements of loans i.e. loans settled for consideration other than cash or other assets such as the deletion of loans made to the Unemployment Insurance Account.
503
Advances

Description:

Advances are financial claims held by the Government of Canada on outside parties for unspecified periods. Advances include departmental accountable advances such as standing travel advances, petty cash and imprest bank account advances. It also includes other travel advances. However, it does not include the reimbursement of the expenses paid through these advances.
5030
Acquisition of other advances with cash

Description:

Advances, other than travel advances, acquired through the payment of cash to the outside party with whom the advance was made. Note: Advances to entities included in objects 5033 and 5034 are excluded.
5031
Acquisition of other advances with other assets

Description:

Advances other than travel advances acquired through the transfer of other assets to the party with whom the advance was made. This includes the acquisition of an advance by converting a loan into an advance. Note: Advances to entities included in objects 5033 and 5034 are excluded.
5032
Acquisition of travel advances

Description:

Travel advances acquired or increased through the payment of cash to an employee or other outside party with whom the advance was made.
5033
Advances to consolidated specified purpose accounts

Description:

Interest free advances to the Consolidated Specified Purpose Accounts included in sub-category 81.
5035
Settlement of other advances with cash

Description:

Cash received from an outside party to settle an outstanding advance, other than a travel advance, in whole or in part. Such payments may be in accordance with a schedule of repayment included in the terms of the advance agreement. Note: Repayments included in object 5038 are excluded.
5036
Settlement of other advances with other assets

Description:

The value received in the form of other assets to settle an advance, other than a travel advance, in whole or in part. This includes the settlement of an advance by converting it into a loan or an investment. Note: Repayments included in object 5038 are excluded.
5038
Repayment of advances from consolidated specified purpose accounts

Description:

Any repayment of interest-free advances from Consolidated Specified Purpose Accounts.
5040
Foreign currency translation of advances

Description:

The increase or decrease in the value of an advance denominated in a foreign currency due to year end closing rates of exchange. Note: In accordance with the government's accounting policies assets and liabilities resulting from foreign currency transactions are reported at year end closing rates of exchange.
5041
Write-off of advances

Description:

Advances that have been written off to budgetary expenditures in accordance with a specific appropriation for that purpose. Notes: 1. This class is to be used to record advances written off including those on which there is a clause of forgiveness. 2. Such write-offs do not include the increase or decrease of the allowance for valuation prior to the actual write-off of the advances. Adjustments to the allowance for valuation are included in object 7021.
5043
Recoverable advances to employees

Description:

Recoverable advances acquired or increased through the payment of cash to an employee.
5049
Other adjustments to Advances

Description:

All other transactions that pertain to advances, which could include: (i) other acquisitions of advances i.e. advances acquired for consideration other than cash or other assets (ii) other settlements of advances i.e. advances settled for consideration other than cash or other assets

Note(s):

505
Investments

Description:

The ownership interests the Government of Canada acquires in entities by providing equity capital as authorized by non-budgetary appropriations. The government provides equity capital by purchasing shares or by converting loans and advances into equity. In certain cases, it may also acquire equity either by transferring physical assets or by contributing capital. The following classes have been established to identify the major transactions that pertain to Investments.
5050
Acquisition of investments with cash

Description:

Investments acquired through the payment of cash to the outside party from whom the investment was acquired. Note: Investments in entities included in objects 5053 and 5054 are excluded.
5051
Acquisition of investments through capitalization of financial claims

Description:

Investments acquired through the capitalization of loans or advances in accordance with a Parliamentary statute. Note: Investments in entities included in objects 5053 and 5054 are excluded.
5052
Acquisition of investments with other assets

Description:

Investments acquired through the transfer of other assets to the party from whom the investment was acquired.Note: Investments to entities included in objects 5053 and 5054 are excluded.
5053
Investments in consolidated specified purpose accounts

Description:

Any investment made in the Consolidated Specified Purpose Accounts included in sub-category 81.
5054
Investments in appropriation-dependent Crown corporations

Description:

Investment in an appropriation-dependent Crown corporation (ADCC) acquired through the provision of equity capital as authorized by non-budgetary appropriations to ADCCs.
5055
Disposal of investments for cash

Description:

Cash received from an outside party in disposing of an investment in whole or in part. Note: Disposals of investments included in objects 5057 and 5058 are excluded.
5056
Disposal of investments for other assets

Description:

The value received in the form of other assets when disposing of an investment in whole or in part. Note: Disposals of investments included in objects 5057 and 5058 are excluded.
5057
Repayment of investments from appropriation-dependent Crown corporations

Description:

Proceeds from the disposition or write-off of appropriation-dependent Crown corporations.
5058
Repayment of investments by consolidated specified purpose accounts

Description:

Any repayment of investments by Consolidated Specified Purpose Accounts.
5060
Foreign currency translation of investments

Description:

The increase or decrease in the value of an investment denominated in a foreign currency due to year end closing rates of exchange. Note: In accordance with the government's accounting policies assets and liabilities resulting from foreign currency transactions are reported at year end closing rates of exchange.
5061
Write-off of investments

Description:

Investments that have been written off to budgetary expenditures in accordance with a specific appropriation for that purpose. Note: Such write-offs do not include the increase or decrease of the allowance for valuation prior to the write-off of the investments. Adjustments to the allowance for valuation are included in object 7021.
5069
Other adjustments to Investments

Description:

All other transactions that pertain to investments which include: (i) other acquisitions of investments i.e. investments acquired for consideration other than cash or other assets (ii) other settlements of investments i.e. investments settled for consideration other than cash or other assets
507
Investments of the Canada Pension Plan Investment Fund
5070
Acquisition of investments with cash

Description:

Acquisition of investments in securities of the federal, provincial and territorial governments through the payment of cash.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
5071
Transfers from the Canada Pension Plan accounts

Description:

Any transfer from the Canada Pension Plan Account for investment purposes.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
5075
Disposal of investments with cash

Description:

The disposal of investments in securities for cash.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
5079
Other adjustments to Investments

Description:

Any other transactions to the investments of the Canada Pension Plan Investment Fund not included in objects 5070 to 5075.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
51
Foreign exchange accounts

Description:

The accounts recording financial claims and obligations of the Government of Canada which are identified with Canada's foreign exchange operations. The four foreign exchange accounts include:
  1. Exchange Fund Account-Advances
  2. International Monetary Fund-Subscriptions
  3. International Monetary Fund-Notes payable and
  4. Special Drawing Rights
Notes:
  1. Each of these foreign exchange accounts is defined and their operations explained in sections 4200 to 4240 of the Guide to the Audited Financial Statements of the Government of Canada
  2. Although foreign exchange operations involve both financial claims and obligations they are included as a separate standard object to facilitate their identification coding and reporting
  3. The responsibility for all four accounts presently belongs to the Department of Finance. Therefore transactions should not be coded to these objects by other departments
511
International Monetary Fund and Special Drawing Rights transactions

Description:

The following objects identify the major transactions in the three foreign exchange accounts which relate to the International Monetary Fund and Special Drawing Rights.
5100
Acquisition of claims with cash

Description:

Subscriptions in cash to the International Monetary Fund (IMF). Note: Such advances can be made in Canadian or foreign currencies.

Department(s) specific:

  • 006 - Finance (Department of)
5101
Acquisition of claims in exchange for Special Drawing Rights or International Monetary Fund notes

Description:

Subscriptions to the IMF purchased with either SDRs or notes payable to the IMF.

Department(s) specific:

  • 006 - Finance (Department of)
5111
Settlement of claims in exchange for Special Drawing Rights or International Monetary Fund notes

Description:

Repayment of subscriptions by the IMF through either redeeming of notes payable to the IMF or disposing of SDRs.

Department(s) specific:

  • 006 - Finance (Department of)
5121
Issues of notes payable to the International Monetary Fund (IMF)

Description:

Issue of non-interest-bearing demand notes payable in Canadian currency to the IMF to cover its Canadian dollar holdings requirements in excess of working balance requirements.

Department(s) specific:

  • 006 - Finance (Department of)
5123
Redemption of notes payable to the International Monetary Fund (IMF)

Description:

Redemption of notes due to a decrease in the IMF requirements for Canadian currency.

Department(s) specific:

  • 006 - Finance (Department of)
5130
Maintenance of value adjustments

Description:

Adjustments of the International Monetary Fund (IMF)-Subscriptions account to maintain the value of the IMF Canadian dollar holdings in terms of Special Drawing Rights (SDR). Such adjustments can be increases or decreases depending on the exchange rate fluctuations of the Canadian dollar in relation to SDR's. Note: Canada's IMF subscriptions are denominated in SDR's.

Department(s) specific:

  • 006 - Finance (Department of)
5131
Year end valuation adjustment

Description:

Valuation adjustments to Canada's subscriptions in excess of the International Monetary Fund's (IMF) holdings of Canadian dollars to Canadian dollar equivalents at the year-end closing rate of exchange. Note: Year-end valuation adjustments are made to the following accounts: the Exchange Fund Account-Advances IMF-Subscriptions and Special Drawing Rights (SDR).

Department(s) specific:

  • 006 - Finance (Department of)
5159
Other adjustments

Description:

Any other adjustments to foreign exchange accounts, such as the write-off of claims, acquisition or settlement of claims with other assets.

Department(s) specific:

  • 006 - Finance (Department of)
516
Exchange Fund Account - Advances (restricted claims)
5160
Advances provided to the Exchange Fund Account

Description:

Advances in cash to the Exchange Fund Account in Canadian or other currencies for the purchase of gold, foreign currencies and securities, and Special Drawing Rights.

Department(s) specific:

  • 006 - Finance (Department of)
5161
Settlements of advances

Description:

Cash repayments of advances from the Exchange Fund Account.

Department(s) specific:

  • 006 - Finance (Department of)
5163
Year-end valuation adjustment

Description:

Valuation adjustment made at year-end to the balance of the Exchange Fund Accounts' holdings to Canadian dollar equivalent at the year-end closing rate of exchange.

Department(s) specific:

  • 006 - Finance (Department of)
5169
Other adjustments

Description:

Any other adjustments to the Exchange Fund Account-Advances.

Department(s) specific:

  • 006 - Finance (Department of)
52
Cash accounts

Description:

Cash accounts represent public moneys of Canada, and include both Receiver General Cash Balances and Cash in Transit
529
Cash account
5299
Net Increase or Decrease in Cash account
53
Accounts receivable

Description:

Accounts receivable are financial claims on parties inside or outside the government as a result of events and transactions prior to the accounting date. 1. This category is to be used only by departments for recording accounts receivable transactions through their own accounting system.
539
Accounts receivable
5399
Net Increase or Decrease in Accounts receivable
6
Liabilities
60
Specified purpose accounts (SPAs)

Description:

The recorded value of the financial obligations of the Government of Canada in its role as administrator of certain public moneys that are received or collected and subsequently paid out for purposes specified in legislation or in other legal contracts. 1. For the purpose of this classification some specified purpose accounts have been included under reporting objects that differ from the equivalent groupings reported in the Public Accounts. These are explained under the reporting objects concerned. 2. Certain SPAs are now included in Standard Object 81 because they are now consolidated as budgetary transactions in the Summary Financial Statements.
601
Pension insurance and social security accounts

Description:

The financial obligations of the Government of Canada in its role as administrator of these accounts on behalf of the contributors and beneficiaries to each plan. Notes: 1. Pension and Social Security Accounts include the Canada Pension Plan, Superannuation Accounts, Government Annuities Account and certain other accounts. Superannuation accounts include the following accounts: Public Service Superannuation, Canadian Forces Superannuation, Royal Canadian Mounted Police (R.C.M.P.)Superannuation, Members of Parliament Retiring Allowance. All other superannuation accounts for employees of the Government or their dependants the Public Service, Regular Forces and any other Death Benefit accounts. (Some of these accounts are included under Other Specified Purpose accounts in the Public Accounts.) 2. In this classification, transactions in the Canada Pension Plan Investment Fund are included separately in object 507. 3. Transactions pertaining to the unamortized portion of actuarial deficiencies are included in object 703. The following objects are to be used to identify the major transactions pertaining to Pension and Social Security Accounts:
6001
Contributions by current employees or participants

Description:

Contributions received from active members or participants currently employed in the Public Service
6002
Contributions by current employees - Public Service corporations

Description:

Contributions received from current employees of public service corporations subject to the Public Service Superannuation Act
6003
Contributions by government employees for past services or in arrears

Description:

Contributions received from current members or participants employed in the Public Service for past service or arrears
6004
Contributions by Public Service corporations employees for past service or in arrears

Description:

Contributions received from current employees of public service corporations subject to the Public Service Superannuation Act for past service or arrears
6005
Contributions by retired employees

Description:

Contributions received from retired employees for past service or arrears
6012
Contributions by government - As employer

Description:

Contributions from the Government of Canada as an employer as well as the government's statutory contributions to benefit payments from the Supplementary Retirement Benefits (SRB) Account, for current services. Notes: 1. The budgetary expenditures related to the government's contribution as an employer are included in objects 0160, 0161, 0162, 0164, 0165, 0168 and 0170 to 0173. 2. The budgetary expenditures related to the government's statutory contribution to the SRB account are included in object 0166.
6013
Contributions by Public Service corporations as employer

Description:

Contributions received from public service corporations subject to the Public Service Superannuation Act for the employers portion related to employee current services

Department(s) specific:

  • 087 - Public Service Superannuation
6017
Death benefit general contributions

Description:

Government's general employer contribution to the Death Benefit Account
6018
Death benefit single contributions

Description:

Government's single employer contribution paid to the Death Benefit Account in respect of participants who became eligible to the basic benefit.
6020
Actuarial adjustments

Description:

Actuarial deficiency adjustments related to current salary increases or statutory periodic actuarial valuations which are credited to the Public Service, Canadian Forces, RCMP and other Superannuation accounts, and to the Government Annuities account. Note: These adjustments are charged to object 7031.
6022
Transfers from other pension plans

Description:

Receipts by a Superannuation account on behalf of an employee transferring from another superannuation account or from an outside employer.
6023
Refundable tax recovered from the Canada Revenue Agency

Description:

Tax recovered from the Canada Revenue Agency based on the annual net negative cashflow of a pension account.
6025
Return on investment

Description:

Any income received from loans and investments(other than interest credited to the balance of these accounts and charged to interest on the Public Debt). Also includes the interest received from provincial governments or the Government of Canada on their investments in the Canada Pension Plan Investment Fund. Note: The budgetary expenditures related to interest credited to these accounts are included in objects 3103, 3111 and 3113 under standard object 11 for interest received from the Government of Canada.
6027
Interest credited to the account

Description:

Any interest credited to the balance of these accounts and charged to interest on Public Debt (other than interest received on investments issued by the Government of Canada.)
6029
Other receipts

Description:

Any other receipts not classified above, such as recoveries of payments by the Canada Pension Plan.
6030
Payment of benefits

Description:

The payment of benefits by the government from any of these accounts, such as payments for Superannuation, Canada Pension, Government Annuities, Death Benefits, etc.
6034
Payment of minimum benefits

Description:

Payment of minimum benefits to employees or participants
6035
Pension division payments

Description:

Any payment made pursuant to pension division.
6037
Return of contributions - Government employees

Description:

Contributions returned to Public Service employees including any applicable interest from the Superannuation Accounts

Note(s):

6038
Return of contributions - Public Service corporation employees

Description:

Contributions returned to employees of public service corporations subject to the Public Service Superannuation Act, including any applicable interest from the Superannuation Accounts

Department(s) specific:

  • 087 - Public Service Superannuation
6045
Transfers to other pension plans

Description:

Payments from a Superannuation account on behalf of an employee transferring to another superannuation plan or to an outside employer.
6046
Refundable tax remitted to the Canada Revenue Agency

Description:

Amount of refundable tax remitted to the Canada Revenue Agency based on the annual net positive cashflow of a pension account.
6047
Withdrawal of surplus
6051
Operating expenses

Description:

All operating expenses of the Canada Pension Plan (CPP) Account, including the Additional Canada Pension Plan. Note: Such expenses are initially incurred by various departments on behalf of the CPP account. Subsequently those departments charge the CPP account with the pertinent operating or administrative costs. These amounts are credited to object 4883.
6053
Transfer to Pension Investment Board
6056
Transfer from Pension Investment Board
6058
Pension transfer value payments

Description:

Lump sum amount representing the present value of a contributor's future pension.

Department(s) specific:

  • 009 - Senate
  • 018 - National Defence (Department of)
  • 030 - Royal Canadian Mounted Police
  • 067 - House of Commons
  • 087 - Public Service Superannuation
6059
Other payments

Description:

Any other payments not classified above. It includes the Additional Canada Pension Plan initial costs of administration, as well as the write-off of unclaimed annuities.
606
Provincial tax collection agreements

Description:

The income taxes collected on behalf of the provinces and territories participating in the joint-collection provision of the Federal-Provincial Fiscal Arrangements Act and the related payments made to them.
6060
Estimated collections of taxes

Description:

The estimated corporate income tax collections that belong to the provinces or territories. Note: Such amounts are transferred monthly from tax revenue to this account.

Department(s) specific:

  • 006 - Finance (Department of)
6063
Installment payments to provinces for taxes

Description:

Instalment payments of corporate income tax made during a taxation year to the provinces and territories.

Department(s) specific:

  • 006 - Finance (Department of)
607
Crown corporations deposits

Description:

Deposits effected for Crown corporations in accordance with section 129 of the FAA or other specific legislation.
6079
Net Increases or Decreases in Crown corporations deposits
608
Other deposits and trust funds

Description:

Note: This reporting object excludes Deposit Funds for Crown corporations. Those funds should be included in reporting object 607.
6081
Deposits received

Description:

Moneys received from third parties by the Government of Canada for specified purposes.
6082
Interest received

Description:

Amounts received as interest from the Government of Canada on the credit balances in the accounts. Note: The budgetary expenditures related to these amounts are charged to object 3114.
6083
Transfers from budgetary expenditures

Description:

Transfers received from budgetary appropriations for the purposes specified by legislation. Note: An example of such an appropriation is the government contribution to the Canadian Dairy Commission account.
6084
Deposit of securities held in trust

Description:

Securities received from third parties as deposit held in trust by the Government of Canada in accordance with the terms and conditions of a contract or agreement.
6085
Refunds

Description:

Payment of refunds to depositors.
6086
Payments made in accordance with authorities

Description:

Payments made in accordance with the purposes specified in the pertinent authorities or agreements.
6087
Return of securities held in trust

Description:

Return of securities held in trust to third parties on completion of the specified terms in a contract or agreement.
6089
Other adjustments

Description:

Any other adjustments to the accounts not specified above.
609
Miscellaneous accounts

Description:

Insurance plans for employees and former employees, pension plans and other liabilities not specified elsewhere. Note: Miscellaneous accounts included for purposes of this classification are not identical to those included in the Public Accounts under Other Specified Purpose Accounts. The following accounts are included:
  • Annuities Agents' Pension
  • Civil Service Insurance Fund
  • Locally-engaged Contributory Pension
  • Retirement Fund
  • Returned Soldiers' Insurance Fund and
  • Veterans' Insurance Fund
6099
Net increases or decreases in other specified purpose accounts
61
Unmatured debt transactions

Description:

The financial obligations represented by certificates of indebtedness issued by the Government of Canada that have not yet matured. Note: These obligations are defined and their operations explained in sections 5300 to 5320 of the Guide to the Audited Financial Statements of the Government of Canada.
611
Unmatured debt payable

Description:

Certificates of indebtedness in Canadian or foreign currencies that have not become due. Note: Transactions for certificates of indebtedness that have matured are included in reporting object 622.
6111
Issue of debt

Description:

Gross proceeds from the sale of certificates of indebtedness such as marketable bonds, Canada Savings Bonds, special non-marketable bonds, Treasury bills, and the issue of notes or loans. Note: The issue amount is the full issue price of the securities. Discounts on Treasury bills are charged to unamortized discounts (reporting object 704) while discounts (net of premiums) on other securities are charged to object 3131 at the time of issue.

Department(s) specific:

  • 006 - Finance (Department of)
6115
Redemption of unmatured debt

Description:

Payments made for redemption prior to maturity of certificates of indebtedness, such as marketable bonds, special non-marketable bonds, Canada Savings Bonds and Treasury bills. It also includes the repayment of notes or loans.

Department(s) specific:

  • 006 - Finance (Department of)
6116
Transfers to matured debt (on retirement of debt)

Description:

Amounts owing to holders of marketable bonds, Canada Savings Bonds, special non-marketable bonds, Treasury bills, etc., transferred from unmatured debt when the debt matures. Note: Such amounts are transferred to matured debt (reporting object 622) until they are redeemed.

Department(s) specific:

  • 006 - Finance (Department of)
6117
Revaluation of unmatured debt

Department(s) specific:

  • 006 - Finance (Department of)
6118
Unmatured debt payable - Exchange Rate Changes

Department(s) specific:

  • 006 - Finance (Department of)
6119
Other adjustments

Description:

Increases or decreases due to adjustments not covered in other classes such as foreign exchange adjustments and transfers to Other Revenue.

Department(s) specific:

  • 006 - Finance (Department of)
62
Transactions relating to other liabilities

Description:

Transactions relating to other financial obligations of the Government of Canada such as matured debts, accounts payable, etc. Note: The accounts related to these transactions are defined and their operations explained in sections 5200 to 5240 of the Guide to the Audited Financial Statements.
621
Interest due on unmatured debt (including compound interest on Canada Savings Bonds)

Description:

Interest due or accrued on bonded debt, notes and loans including compound interest on Canada Savings Bonds. Such interest is not normally payable until a future date (unless the debt is redeemed early).
6211
Interest charges accrued

Description:

Accrual on a monthly basis of interest over the term of the bonded debt, notes, loans, etc. It includes the accrual of compound interest on Canada Savings Bonds. Note: Such amounts are charged to various objects in Standard Object 11 (sub-category 31).

Department(s) specific:

  • 006 - Finance (Department of)
6212
Interest due

Description:

Accrual on the due date of interest on bonds, notes or loans. Such interest is not paid until the pertinent coupons are presented for payment.

Department(s) specific:

  • 006 - Finance (Department of)
6213
Payments to claimants

Description:

Payments of interest due on bonds, notes and loans to claimants. It also includes adjustments.

Department(s) specific:

  • 006 - Finance (Department of)
622
Matured debt

Description:

Certificates of indebtedness that have become due but that have not yet been redeemed.
6221
Transfers from unmatured debt

Description:

Retirement at the time of maturity of the principal value of bonds, special non-marketable bonds, Treasury bills, etc. Note: These amounts are transferred from unmatured debt (reporting object 611).

Department(s) specific:

  • 006 - Finance (Department of)
6222
Redemption of debts

Description:

Redemption by the holders of matured bonds, Treasury bills, and notes and loans. It also includes adjustments.

Department(s) specific:

  • 006 - Finance (Department of)
6225
Write-off of Matured debt (Transfer to Revenue)

Description:

Write-off of matured debt if it is still unredeemed 15 years after maturity. Note: This amount is transferred to budgetary revenue.

Department(s) specific:

  • 006 - Finance (Department of)
6227
Matured debt Revaluation

Department(s) specific:

  • 006 - Finance (Department of)
629
Miscellaneous
6299
Net increase or decrease in other liability
7
Other
70
Other accounts/transactions

Description:

Other Accounts/Transactions represent transactions in accounts that are neither financial claims nor financial obligations. Note: Many of these accounts reflect deferred credits or deferred charges that have been set up in the accounts of Canada in accordance with specific legislative or other requirements. For reporting purposes in the Public Accounts, some have been offset against specific financial claims or obligations.
702
Allowance for valuation of assets and liabilities

Description:

The allowances represents the estimated loss on the realization of financial claims, or the allowances for estimated amounts owing for certain financial obligations. Each of the objects represents the net increase or decrease made to the individual allowance to represent the net change between one fiscal year end and the next.
7021
Allowance for valuation of financial claims (incl. allowance for doubtful accounts)

Description:

The net increase or decrease in the estimated losses on the realization of loans, investments and advances included in the accounts of Canada at year end.
7022
Allowance for statutory accounts payable

Description:

The net increase or decrease in the allowance for amounts to be paid from certain statutory authorities such as subsidies under the Railway Act, payments under the Canada Assistance Program, etc.
7023
Allowance for employee benefits

Description:

The net increase or decrease in the allowance for amounts owing for earned and unpaid annual vacation leave, for employee benefits payable upon termination of employment and sick leave.
7029
Other allowances

Description:

The increase or decrease in any other allowance not included in objects 7021 to 7023.
703
Unamortized deficiencies on superannuation accounts

Description:

The portion of actuarial deficiencies, credited to Superannuation Accounts, that has not yet been charged to budgetary expenditure, because they are to be amortized to expenditures over one or more subsequent years. Note: An actuarial deficiency is the difference, at a given date, between the balance in the Superannuation accounts and the estimated amount payable for future pension benefits, as calculated on an actuarial basis.
7031
Increase to reflect actuarial deficiencies recorded

Description:

The recording of actuarial deficiencies to the Superannuation accounts in a specific year.
7032
Decrease resulting from amortization of actuarial deficiencies

Description:

The monthly or other amortization of actuarial deficiencies to budgetary expenditure over one or more subsequent years.
704
Unamortized Discount on Treasury bills

Description:

The portion of the discount on outstanding Treasury bills that has not yet been charged to expenditure.
7041
Increase to Reflect Discount on New Treasury bills

Description:

The recording of the discount on new Treasury bills at the time they are issued or sold. It also includes adjustments.

Department(s) specific:

  • 006 - Finance (Department of)
7042
Decrease Resulting from Amortization of Discount on Treasury bills

Description:

The monthly amortization to budgetary expenditures of unamortized discounts over the terms of the relevant Treasury bills. It also includes adjustments.

Department(s) specific:

  • 006 - Finance (Department of)
706
Accumulated amortization
7061
Accumulated amortization on Capital Assets
709
Other transactions
7099
Net Increase or Decrease in Other transactions
8
Accumulated deficit
80
Unrestricted amounts

Description:

Notes: 1. In accordance with the government's stated accounting policies, revenue and expenditures of certain Specified Purpose Accounts (SPAs) and Crown Corporations are included in the revenue and expenditure of the Government. However, enabling legislation requires that the revenue of SPAs be earmarked and that related payments be charged against such revenue. 2. Descriptions for the Consolidated Specified Purpose Accounts, the Consolidated Deposit and Trust Accounts, and the Consolidated Appropriation-dependent Crown Corporations are included in sub-categories 81, 82, 83, and 84. Descriptions for the Consolidated Accounts Receivable and the accrual of Related Other Revenue are included in sub-category 85.
801
Unrestricted amounts in the Accumulated deficit

Description:

The net sum of annual surpluses and deficits of the Government of Canada since Confederation, together with certain other amounts charged directly to this account. These amounts are unrestricted as there is no need to account for the source of these amounts from previous years.
8011
Increases

Description:

Increase in the accumulated deficit
8012
Decreases

Description:

Decrease in the accumulated deficit.
802
Year - end closing of departmental accounts
8021
Closing of control accounts

Description:

The year end closing by departments of all their cash reconciliation control accounts which are maintained to reconcile to the treasury system maintained by the Receiver General. Prior to closing, these accounts must agree to similar offsetting accounts maintained by the Receiver General. These accounts are closed to the accounting for Equity advanced by the Government of Canada.
8022
Closing of revenue and expense accounts

Description:

The year-end entries required to close out all revenue and expense accounts. These accounts are closed out to the accounts representing the equity advanced by the Government of Canada.
81
Consolidated specific purpose accounts

Description:

This standard object has been established because the transactions in these accounts are now consolidated as budgetary transactions in the Summary Financial Statements. Transactions in these accounts have been restricted as there are legislative requirements to keep them separate in the Accounts of Canada, so that amounts for previous years can be related to those in the current year. Notes: 1. Consolidation specified purpose accounts are defined and their operations explained in T.B. Circular 1989-13 dated August 2, 1989. 2. For consolidation reporting purposes, most of these amounts are included in other standard objects, as noted in section 8.2.3.4 of the Master List of Objects.
810
Consolidation of specified purpose accounts
8103
Other adjustments

Description:

Other adjustments to revenue or expenditure, surplus or deficit of an account.
811
Employment Insurance Account

Description:

This account includes the transactions resulting from the administration of the Employment Insurance Act. Note: In this classification, transactions pertaining to loans or advances to the Employment Insurance Account are included under loans or advances (objects 501x to 503x respectively). The following objects are to be used to identify the transactions pertaining to the Employment Insurance Account.
8110
Contributions by employees, their employers and other participants

Description:

Premiums from all employees, employers and or other participants.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
8114
Return on investment

Description:

Interest received on the balance of the Employment Insurance Account. Note: The Department of Finance budgetary expenditures related to this interest are charged to object 3112.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
8116
Other receipts

Description:

Any other receipts not classified in objects 8110 to 8114, such as fines, penalties and interest, refunds of overpayment of benefits, benefit repayments, amounts for services rendered to the public, etc.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
8117
Payment of benefits

Description:

Payment of benefits from the Employment Insurance Account.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
8120
Operating expenses

Description:

Payment of all operating expenses of the Employment Insurance Account. Note: The receipt of these payments is credited to object 4880.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
8122
Other payments and Adjustments

Description:

Any other payments or adjustments not classified above.

Department(s) specific:

  • 014 - Employment and Social Development (Department of)
815
Crop reinsurance fund

Description:

This account includes recorded transactions with participating provinces for the costs they incur in operating various crop insurance schemes.
8150
Receipts from provinces

Description:

Amounts received from the provinces for the purpose of reinsurance.

Department(s) specific:

  • 001 - Agriculture and Agri-Food (Department of)
8151
Interest-free advances from the Government of Canada

Description:

Interest-free advances received from the Government of Canada.

Department(s) specific:

  • 001 - Agriculture and Agri-Food (Department of)
8153
Payments to provinces

Description:

Amounts paid to the provinces under the terms of reinsurance agreements.

Department(s) specific:

  • 001 - Agriculture and Agri-Food (Department of)
8154
Repayment of advances to the Government of Canada

Description:

The repayment of interest-free advances to the government of Canada.

Department(s) specific:

  • 001 - Agriculture and Agri-Food (Department of)
816
Agricultural Commodities Stabilization Account
8161
Receipts from participating provinces and producers

Description:

Receipts from participating provinces and producers in the Agricultural Commodities Stabilization Accounts for hogs, cattle, apples, sugar beets, etc. These receipts are for premiums to reduce income losses to producers.

Department(s) specific:

  • 001 - Agriculture and Agri-Food (Department of)
8167
Payments to participating producers

Description:

Payments to participating producers from the Agricultural Commodities Stabilization Accounts for hogs, cattle, apples, sugar beets, etc.

Department(s) specific:

  • 001 - Agriculture and Agri-Food (Department of)
817
Goods and services tax (GST) refundable advance accounts on purchases

Description:

GST Refundable Advance accounts have been established in each department or agency as non-budgetary accounts to which a department can charge the GST on its purchases from external parties. Such accounts are authorized as part of the Supply and Services working capital advance account under Supply and Services Vote L 15 b in Appropriation Act No. 3, 1990. By the authority of a standing GST tax remission order, such amount will be offset at year-end against the GST general revenue collected by the Canada Revenue Agency. Note: For summary reporting purposes during a fiscal year, these amounts are netted against GST general revenue.
8171
Payment of GST on purchases

Description:

Payment of the GST by departments and Agencies on their taxable purchases from external parties.
8172
Payment of QST on purchases

Description:

Payment of the QST by departments and Agencies on their taxable purchases in Quebec from external parties.
8173
Reimbursement of QST by Revenu Québec

Description:

Reimbursement of the QST paid by departments by Revenu Quebec.

Department(s) specific:

  • 127 - Public Works and Government Services (Department of)
818
Seized Property Proceeds Account

Description:

Seized Property Proceeds Account (SPPA) was set up under the Seized Property Management Act (SPMA) in 1993. The account is set up to account for net proceeds from the disposition of property that is seized or subject to a restraint or management order, and then is forfeited and subsequently disposed. The proceeds from this account may be shared with provincial or other national governments in accordance with the terms of regulations or in agreements with those governments.
8181
Proceeds from forfeited assets and fines

Description:

Proceeds received from forfeited assets which had been held in a trust account from the time the assets are seized. Such assets are not forfeited until there is a court decision. Proceeds from fines are received when assets were not seized previously.

Department(s) specific:

  • 127 - Public Works and Government Services (Department of)
8184
Payments of operating and other expenses

Description:

Re-imbursement of operating expenses paid from the SPPA to the operating appropriation of Public Works and Government Services Canada. Other expenses include any payments made to the Seized Property Working Capital account for re-imbursement of losses incurred in maintaining assets seized under the SPMA.

Department(s) specific:

  • 127 - Public Works and Government Services (Department of)
8186
Payment of claims against the Crown and other expenses to outside parties

Description:

Payment of claims against the Crown resulting from undertakings of the Attorney General. Other expenses will include the establishment of reserves for both ongoing expenses for future losses as well as for future claims resulting from undertakings. These payments must be established before any annual distribution is made from the SPPA.

Department(s) specific:

  • 127 - Public Works and Government Services (Department of)
8187
Payment of proceeds to other governments

Description:

Payments for distribution of proceeds in the SPPA to provincial and foreign governments as prescribed in the regulations.

Department(s) specific:

  • 127 - Public Works and Government Services (Department of)
8188
Transfer of Net Proceeds to Other revenue

Description:

Transfer of net proceeds from the SPPA to other revenue after all expenses, other claims, reserves, and distributions to other governments have been made. This will be done on an annual basis, but may be done in a subsequent fiscal year once all settlements have been made.

Department(s) specific:

  • 127 - Public Works and Government Services (Department of)
819
New Parks and Historic Sites Account
8190
Donations (unspecified)

Description:

Donations made to Parks and Historic Sites.

Department(s) specific:

  • 124 - Parks Canada Agency
8191
Net proceeds from the sale of federal real property

Description:

Amounts collected from the sale of lands included in Parks.

Department(s) specific:

  • 124 - Parks Canada Agency
8192
Contributions from the Government of Canada

Description:

Amounts provided to Parks and Historic Sites from the Government.

Department(s) specific:

  • 124 - Parks Canada Agency
8194
Other receipts

Description:

Miscellaneous receipts of funds by Parks and Historic Sites from the provision of services.

Department(s) specific:

  • 124 - Parks Canada Agency
8195
Disbursements to outside parties

Description:

Amounts paid to outside parties for goods and services.

Department(s) specific:

  • 124 - Parks Canada Agency
8196
Disbursements (internal to government)

Description:

Amounts disbursed to cover goods and services provided by the Government.

Department(s) specific:

  • 124 - Parks Canada Agency
8197
Contributions to outside parties

Description:

Amounts contributed to outside parties for the provision of services to Parks and Historic Sites.

Department(s) specific:

  • 124 - Parks Canada Agency
82
Consolidated deposit and trust accounts
820
Gifts, donations and bequests accounts
8200
Receipts

Description:

Receipts for a specified purpose, included in the gifts, donations or bequests accounts.
8201
Payments

Description:

Payments in accordance with the purpose specified from the gifts, donations and bequests accounts.
821
Insurance accounts

Description:

These accounts are used to account for and control the funds received and disbursed pursuant to the administration of insurance plans and programs which are not for employees or former employees of the government.
8210
Receipts

Description:

Premiums, fees or levies received from outside parties and credited to insurance accounts.
8211
Transfers from budgetary appropriations

Description:

Direct transfers from budgetary appropriations of the government such as direct contributions, interest, etc.
8215
Payments

Description:

Payments from insurance accounts such as claims and other expenditures as authorized by legislation.
822
Earmarked fees and levies

Description:

A fee or other levy is imposed by statute and earmarked by that statute for a special purpose.
8220
Receipts

Description:

Receipts of fees or levies for the purpose specified in the relevant statute.
8225
Payments

Description:

Payments from the account in accordance with the purpose specified in a statute.
829
Other restricted accounts
8290
Other receipts

Description:

Receipts in any other restricted account.
8295
Other payments

Description:

Any other payments in a restricted account.
83
Consolidation of appropriation - Appropriation dependent and enterprise Crown corporations

Description:

Notes: 1. For consolidation reporting purposes, most of these objects are included in other standard objects as noted in section 8.2.3.4 of the Master List of Objects. 2. The recording of transactions in these objects is to be done by the Receiver General only using department 097. Thus, it will have no impact on departments or agencies, or Appropriation-Dependent Crown Corporations (ADCC's). 3. The ADCC's are identified in the Public Accounts of Canada, Section 4. Consolidated-accounts.
831
Consolidation of appropriation - Appropriation dependent and enterprise Crown corporations
8300
Accumulated deficit/surplus brought forward - Consolidation of all Crown corporations

Description:

Prior year carry-forward deficit / surplus of consolidated corporations.

Department(s) specific:

  • 097 - Receiver General
8312
Gain/Loss for the year - Enterprises Crown Corporations

Description:

Current year consolidation surplus/deficit impact of Enterprise Crown Corporation.

Department(s) specific:

  • 097 - Receiver General
8313
Other adjustments

Description:

Adjustments for retroactive changes in accounting policies and other adjustments related to the consolidation of appropriation-dependent Crown corporations.

Department(s) specific:

  • 097 - Receiver General
832
Allowance for employee benefits
8321
Net change in allowance - Employee benefit

Description:

Net change in the appropriation-dependant Crown corporations consolidation employee benefits and vacation accruals.

Department(s) specific:

  • 097 - Receiver General
833
Revenue and expenditures
8339
Expenses - Other

Description:

Includes expenses net of budgetary appropriations and other revenue of other appropriation-dependant Crown corporations.

Department(s) specific:

  • 097 - Receiver General
834
Cash balances
8340
Net change - Cash in transit

Description:

Net change in the consolidated cash and cash equivalents known as cash in transit.

Department(s) specific:

  • 097 - Receiver General
835
Accounts receivable of appropriation - dependant Crown corporations (with outside parties)
8350
Net Change - Accounts receivable

Description:

Net change in the appropriation-dependant Crown corporations consolidated accounts receivable and other receivables from outside parties.

Note(s):

  • This object should only have an "E" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
836
Loans, Investments and Advances by ADCC'S (With outside parties)
8360
Net change - Loans, investment and advances by appropriation-dependant Crown corporations

Description:

Net change in the consolidated appropriation-dependent Crown corporation loan, investments and advances with outside parties.

Note(s):

  • This object should only have an "E" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
837
Accounts payable of appropriation-dependant Crown corporations (with outside parties)
8371
Net change - Other liabilities ADCC

Description:

Net change in the consolidated ADCC's liabilities due to outside parties.

Note(s):

  • This object should only have an "E" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
838
Borrowings of appropriation dependant Crown corporations (with outside parties)
8380
Net change - Other liabilities appropriation-dependent Crown corporations borrowings

Description:

Net change in the consolidated borrowings of appropriation-dependent Crown corporation with outside parties.

Note(s):

  • This object should only have an "E" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
84
Government elimination of inter-entity transactions and balances consolidation of appropriation - dependent Crown corporations

Description:

Appropriation-dependent Crown corporations Note: These objects are only to be used by the Receiver General in department 097.
840
Government elimination of inter-entity revenue and expenditure transactions
8400
Other revenue - Return on investments

Description:

The return on investment generated from appropriation-dependant Crown corporations.

Note(s):

  • This object should only have an "I" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
8402
Other revenue

Description:

The other revenue generated from transactions with appropriation-dependant Crown corporations.

Note(s):

  • This object should only have an "I" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
8419
Expenses - Other elimination inter-entity transactions

Description:

The expenses of other appropriation-dependent Crown corporations.

Note(s):

  • This object should only have an "I" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
842
Government elimination of inter-entity liability balances

Description:

Note: These amounts have been separated so that they can be reversed and eliminated on the Statement of Assets and Liabilities.
8422
Unmatured debt held by appropriation-dependant Crown corporations

Description:

The amounts of Government securities held by appropriation-dependent Crown corporations.

Note(s):

  • This object should only have an "I" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
8425
Specified purpose accounts - Due to appropriation-dependant Crown corporations

Description:

Other amounts in the Consolidated Revenue Fund (CRF) due to appropriation-dependent Crown corporations.

Note(s):

  • This object should only have an "I" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
844
Government elimination of inter-entity asset balances

Description:

Note: These amounts have been separated so that they can be reversed and eliminated on the Statement of Assets and Liabilities.
8440
Elimination of inter-entity loans, investments or advances in appropriation-dependent Crown corporations

Description:

The loans, investments or advances held by the Government with ADCC's.

Note(s):

  • This object should only have an "I" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
8443
Allowance for valuation of assets and liabilities

Description:

The "reversal" of the allowance for valuation of assets and liabilities related to appropriation-dependant Crown corporations now being consolidated.

Note(s):

  • This object should only have an "I" indicator in the line of coding.

Department(s) specific:

  • 097 - Receiver General
9
Identification of partnering department for interdepartmental transactions
9DDD
Interdepartmental settlement

Description:

The "DDD" in the object code must be replaced by the number that represents the partnering department involved in the Interdepartmental Settlement (IS) transaction. The list of departments numbers can be found in chapter 3 of the Government-wide Chart of Accounts.

Note(s):

  • This object should only have an "I" indicator in the line of coding.
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