Return on investments

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This statement provides details for the current year of the category of other revenues called return on investments. Return on investments consists mainly of interest from loans and advances, dividends from investments, and transfer of profits, as recorded by departments before any adjustments are made. For the purposes of presentation in the financial statements, amounts shown here for foreign exchange accounts and enterprise Crown corporations have been respectively reclassified to net foreign exchange revenues and enterprise Crown corporations and other government business enterprises in Sections 2 and 3 of Volume I and Table 4a of Volume II.

Table 1:Return on investments
(in dollars)
Description Dividends/Interests Amount realized in 2022–2023
Cash and accounts receivable
Department of Employment and Social Development
Interest on bank deposits   262,306
Department of Foreign Affairs, Trade and Development
Interest on missions' bank accounts   25,504
Department of Finance
Interest on bank deposits   416,674,685
Total cash and accounts receivable   416,962,495
Foreign exchange accounts
Department of Finance
International Monetary Fund—Transfer of profits
Loans   1,544,854
Subscriptions   109,065,455
International reserves held in the Exchange Fund Account
Transfer of profits   835,923,357
Total foreign exchange accounts   946,533,666
Loans, investments and advances
Enterprise Crown corporations and other government business enterprises
Bank of Canada
Transfer of profits   (negative 520,299,118)
Business Development Bank of Canada
Interest   505,511,363
Canada Development Investment Corporation
Dividends 114,000,000  
Interest 747,286,665  
Other 37,628,105  
Subtotal   898,914,770
Canada Lands Company Limited
Dividends   10,000,000
Canada Mortgage and Housing Corporation
Dividends 1,580,000,000  
Interest 420,324,254  
Subtotal   2,000,324,254
Farm Credit Canada
Dividends 470,500,000  
Interest 834,445,670  
Subtotal   1,304,945,670
Royal Canadian Mint
Dividends   40,700,000
Other government business enterprises
Other than interest
Department of Transport
Belledune Port Authority 178,502  
Halifax Port Authority 2,261,870  
Hamilton-Oshawa Port Authority 1,820,777  
Montreal Port Authority 4,739,523  
Nanaimo Port Authority 228,987  
Port Alberni Port Authority 97,913  
Prince Rupert Port Authority 3,233,849  
Quebec Port Authority 2,383,378  
Saguenay Port Authority 112,520  
Saint John Port Authority 1,049,591  
Sept-Îles Port Authority 1,098,883  
St John's Port Authority 166,854  
Thunder Bay Port Authority 81,777  
Toronto Port Authority 3,215,300  
Trois-Rivières Port Authority 385,072  
Vancouver Fraser Port Authority 8,123,641  
Windsor Port Authority 45,770  
Subtotal   29,224,207
Total enterprise Crown corporations and other government business enterprises   4,269,321,146
National governments including developing countries
Department of Foreign Affairs, Trade and Development
International Development Assistance
Interest on loans to developing countries   442,743
International organizations
Department of Finance
International Development Association
Interests   5,532,496
International Monetary Fund
Interests   178,042
International Monetary Fund—Poverty Reduction and Growth Trust
Interests   25,412,800
Total International organizations   31,123,338
Other loans, investments and advances
Department of Agriculture and Agri-Food
Canadian Dairy Commission—Interest   232,078
Hog industry loan loss reserve program   1,208,076
Department of Crown-Indigenous Relations and Northern Affairs
Inuit loan fund   3,930
Department of Employment and Social Development
Interest on Canada apprentice loans   554
Interest on Canada student loans   13,006,590
Payments received for discounted portion of loans   1,289,589
Department of Finance
Federal-provincial fiscal arrangements   58,944
Financial Consumer Agency of Canada   128,181
Optional Services Revolving Fund   330,759
Department of Foreign Affairs, Trade and Development
Canadian Commercial Corporation—Dividends   1,000,000
Interest on loans and advances to personnel posted abroad   119,049
Interest on portfolio investments   135,813
Interest on unconditionally repayable contributions   5,347,667
Department of Indigenous Services
Indian Economic Development Guaranteed Loans Program   17,770
On-Reserve Housing Guaranteed Loans Program   91,718
Department of Industry
Interest on loans receivable   12,987,971
Export Development Canada (Canada Account)
Development of export trade—Interest   38,435,730
Total other loans, investments and advances   74,394,419
Total loans, investments and advances   4,375,281,646
Other accounts
Department of National Defence
Interest earned from funds on deposit with suppliers/banks   790,184
Interest on loans to employees posted abroad   149,412
Security deposit (outside Canada posting)   292
Canadian Security Intelligence Service
Bank account—interest   7,856
Royal Canadian Mounted Police
Loans and advances to persons posted abroad—Interest   12,161
Total other accounts   959,905
Total return on investments   5,739,737,712
Summary
Dividends   2,216,200,000
Interest   3,029,161,263
Transfer of profits   426,234,548
Other   68,141,901
Total   5,739,737,712

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