Section 9: Revenues

Public Accounts of Canada 2024 Volume II—Top of the page Navigation

Table 1:(in dollars)Links to footnote * in table 1
Description Current year Previous year
Department of Finance
Other revenues
Return on investments Links to footnote 1 in table 1
Cash and accounts receivable
Chartered banks 364,681,939 208,686,030
Short term deposits 18,024,209 1,256,477
Receiver General balance at the Bank of Canada – 177,622,876
Cash held as collateral 107,176,774 29,109,302
Subtotal 489,882,922 416,674,685
Foreign exchange accounts
International reserves held in the Exchange Fund Account—Transfer of profits 2,951,156,682 835,923,357
International Monetary Fund—Subscriptions—Transfer of profits 207,812,959 103,712,535
International Monetary Fund—Loans 1,359,457 1,544,854
International Monetary Fund—Resilience and Sustainability Trust 17,222,141 5,352,920
Subtotal 3,177,551,239 946,533,666
Loans, investments and advances
Bank of Canada—Transfer of profits – (negative 520,299,118)
Canada Development Investment Corporation—Dividends 32,000,000 114,000,000
Canada Mortgage and Housing Corporation 412,458,221 306,596,041
Farm Credit Canada 1,382,741,850 834,445,670
Business Development Bank of Canada 1,151,129,278 505,511,363
Canada Housing Trust - Canada Mortgage Bonds 19,251,264 –
Royal Canadian Mint—Dividends 4,000,000 40,700,000
Federal-provincial fiscal arrangements 58,944 58,944
International Monetary Fund—Poverty Reduction and Growth Trust 61,524,624 25,412,800
International Development Association 9,246,568 5,532,496
Optional Services Revolving Fund 462,941 330,759
International Monetary Fund – 178,042
Financial Consumer Agency of Canada 307,564 128,181
Subtotal 3,073,181,254 1,312,595,178
Total 6,740,615,415 2,675,803,529
Refunds of previous years' expenditures
Refund of salaries, goods and services 492,197 484,571
Adjustments to prior year's payables 255,310 1,637,222
Recovery of salary overpayment, receivable transferred from other government departments 624 –
Total 748,131 2,121,793
Sales of goods and services
Other fees and charges
Access to information 20 –
Proceeds from the disposal of surplus Crown assets 472 290
Miscellaneous revenues
Domestic coinage 94,418,384 123,565,131
Net gain on exchange 259,806,508 557,376,317
Miscellaneous Revenue Received from Crown corporations 158,000,000 220,000,000
Transfer from the following accounts which were unclaimed or outstanding for ten years or more—Outstanding Imprest Account—Unclaimed cheques 159,821,310 84,044,402
Unclaimed balances received from Bank of Canada in respect of chartered banks 1,044,284 1,151,761
Transfer from matured debt outstanding 1,104,000 951,362
Guarantee fees 111,660,256 126,447,205
Insurance proceeds for losses and damages to assets – 50,976
Employee benefit plan cost reimbursement 114,026 –
Sundries 3,399 747
Total 785,972,167 1,113,587,901
Total Department 7,527,336,205 3,791,513,513
Financial Consumer Agency of Canada
Other revenues
Sales of goods and services
Services of a regulatory nature 48,481,653 44,804,503
Other fees and charges
Revenues from fines 3,600,000 5,600,000
Total 52,081,653 50,404,503
Proceeds from the disposal of surplus Crown assets – 110
Miscellaneous revenues
Net gain on exchange 315 48
Total Agency 52,081,968 50,404,661
Financial Transactions and Reports Analysis Centre of Canada
Other revenues
Refunds of previous years' expenditures
Refunds of previous years' expenditures 60,482 7,889
Adjustments to prior year's payables 170,846 50,527
Total 231,328 58,416
Proceeds from the disposal of surplus Crown assets – 748
Miscellaneous revenues
Interest and penalties
Interest on administrative monetary penalties 56,350 42,449
Administrative monetary penalty 19,751,909 1,565,224
Sundries 164,227 212,253
Total 19,972,486 1,819,926
Total Agency 20,203,814 1,879,090
Office of the Auditor General
Other revenues
Refunds of previous years' expenditures
Refunds of previous years' expenditures 73,766 142,435
Adjustments to prior year's payables 10,852 60,674
Recovery of salary overpayment, receivable transferred from other government departments 18,860 11,599
Total 103,478 214,708
Sales of goods and services
Other fees and charges 1,327,536 1,367,465
Proceeds from the disposal of surplus Crown assets 50,161 2,670
Miscellaneous revenues
Net gain on exchange 41,856 25,369
Total Agency 1,523,031 1,610,212
Office of the Superintendent of Financial Institutions
Other revenues
Sales of goods and services
Services of a regulatory nature 293,129,529 227,171,224
Services of a non-regulatory nature 17,316,695 14,363,418
Sales of goods and information products – 15
Other fees and charges
Revenues from fines 67,950 4,700
Services to other government departments 14,000 11,700
Subtotal 81,950 16,400
Total 310,528,174 241,551,057
Proceeds from the disposal of surplus Crown assets 1,633 2,860
Miscellaneous revenues
Net gain on exchange 15,541 2,136
Total Agency 310,545,348 241,556,053
Ministry Summary
Other revenues
Return on investments 6,740,615,415 2,675,803,529
Refunds of previous years' expenditures 1,082,937 2,394,917
Sales of goods and services 363,937,383 293,323,025
Proceeds from the disposal of surplus Crown assets 52,266 6,678
Miscellaneous revenues 806,002,365 1,115,435,380
Total Ministry 7,911,690,366 4,086,963,529

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