Federal consolidated statement of operations and accumulated deficit

the following statement represents a ten year history of the consolidated statement of operations and accumulated deficit for the Government of Canada

Data extracted from Vol II Consolidated Financial Statements in the Federal Public Accounts


Consolidated statement of operations and accumulated deficit
$millions$ 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07
Revenues —
Tax Revenues —
Personal 144,897 135,743 130,811 125,728 120,537 114,661 105,040 116,612 113,528 110,575
Corporate 41,444 39,447 36,587 34,986 33,641 31,953 32,247 31,243 42,212 39,361
Non‑resident 6,505 6,216 6,404 5,073 5,300 5,137 5,293 6,298 5,693 4,877
Goods and services tax 32,952 31,349 30,998 28,821 28,370 28,379 26,947 25,740 29,920 31,296
Energy taxes 5,565 5,528 5,486 5,381 5,328 5,342 5,178 5,161 5,139 5,128
Customs import duties 5,372 4,581 4,239 3,979 3,862 3,520 3,490 4,036 3,903 3,704
Other excise taxes and duties 5,916 5,724 5,413 5,370 5,546 5,662 4,958 4,869 5,245 5,189
Total tax revenues 242,651 228,588 219,938 209,338 202,584 194,654 183,153 193,959 205,640 200,130
Employment Insurance Premiums 23,070 22,564 21,766 20,395 18,556 17,501 16,761 16,887 16,558 16,789
Other Revenues —
Crown corporations 12,460 13,480 11,455 11,448 12,024 12,937 7,622 7,760 6,504 7,503
Other programs 14,950 16,359 16,836 13,952 14,274 13,939 12,920 16,944 14,951 12,261
Net foreign exchange 2,322 1,355 1,682 1,502 1,669 1,809 1,647 1,736 1,872 1,714
Total other revenues 29,732 31,194 29,973 26,902 27,967 28,685 22,189 26,440 23,327 21,478
Total Revenues 295,453 282,346 271,677 256,635 249,107 240,840 222,103 237,286 245,525 238,397
Expenses —
Transfer Payments —
OAS, guaranteed income supp.spouse's allowance 45,461 44,103 41,786 40,255 38,045 35,629 34,653 33,377 31,955 30,284
Canada health transfer 34,025 32,114 30,543 28,912 27,174 26,031 24,820 22,759 21,474 20,140
Canada social transfer 12,959 12,582 12,215 11,860 11,514 11,179 10,858 10,568 9,872 8,500
Fiscal arrangements 16,893 16,271 15,610 15,595 15,259 13,826 13,490 12,164 11,850 9,856
Other major transfers 1,973 2,142 2,107 2,003 2,847 1,751 7,772 985 2,923 3,985
Employment insurance benefits 19,419 18,052 17,300 17,099 17,647 19,850 21,586 16,308 14,298 14,084
Children's benefits 18,025 14,303 13,136 12,975 12,726 12,656 12,340 11,901 11,894 11,214
Other transfer payments 34,874 35,126 36,698 34,862 37,720 43,155 45,949 34,793 31,269 30,693
Total transfer payments 183,629 174,693 169,395 163,561 162,932 164,077 171,468 142,855 135,535 128,756
Other Program Expenses —
Crown corporations 8,358 7,590 7,484 9,512 8,198 7,584 7,400 5,859 5,185 5,109
Ministries 78,858 71,558 71,728 73,106 73,176 71,680 69,419 63,337 61,883 56,835
Total other program expenses 87,216 79,148 79,212 82,618 81,374 79,264 76,819 69,196 67,068 61,944
Total program expenses 253,841 248,607 246,179 244,306 243,341 248,287 212,051 202,603 190,700
Public Debt Charges 25,595 26,594 28,220 28,871 31,080 30,871 29,414 30,990 33,325 33,945
Total Expenses 296,440 280,435 276,827 275,050 275,386 274,212 277,701 243,041 235,928 224,645
Annual (Surplus) or Deficit 987 (1,911) 5,150 18,415 26,279 33,372 55,598 5,755 (9,597) (13,752)
Accumulated Deficit at Beginning of Year 612,330 611,881 609,391 591,040 551,668 519,097 463,710 457,637 467,268 481,499
Intl. Financial Reporting Standards transition adj. 0 0 0 0 3,337 0 0 0 0 0
Other Comprehensive (Income) or Loss 2,669 2,360 (2,660) (64) 2,292 (2,142) (211) 318 (34) (479)
Accumulated Deficit at End of Year 615,986 612,330 611,881 609,391 583,576 550,327 519,097 463,710 457,637 467,268


Last Modified Date: 04/05/2017