Contractual rights

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Contractual rights are rights to economic resources arising from contracts or agreements that will result in both an asset and revenue in the future. These contractual rights can be classified into four categories: sales of goods and services, leases of property, royalties and revenue/profit-sharing arrangements and others.

All contractual rights of $10 million or more per contract or per portfolio of agreements that are similar in nature outstanding at year-end are reported.

In accordance with the government’s significant accounting policies, the contractual rights of consolidated Crown corporations are included with those of the government.

Table 11.5
Sales of goods and services, leases of property, royalties and revenue/profit-sharing arrangements and other contractual rights as at March 31, 2024Links to footnote * in table 1
(in millions of dollars)

  Outstanding revenueLinks to footnote 1 in table 1 Outstanding revenue to be earned by March 31
2025 2026 2027 2028 2029 2030 and subsequent years
Sales of goods and services
Environment and Climate Change
Department of Environment and Climate Change 40 13 14 13
Global Affairs
Canadian Commercial Corporation 37 9 7 5 3 4 9
Public Safety, Democratic Institutions and Intergovernmental Affairs
Royal Canadian Mounted Police 30,743 3,359 3,476 3,629 3,747 3,909 12,623
Total—Sales of goods and services 30,820 3,381 3,497 3,647 3,750 3,913 12,632
Leases of property
Canadian Heritage
Canadian Broadcasting Corporation 378 11 11 11 11 12 322
Environment and Climate Change
Parks Canada AgencyLinks to footnote 2 in table 1 394 18 17 16 16 16 311
Public Services and Procurement
Department of Public Works and Government Services 10 2 2 2 2 2
National Capital Commission 93 2 2 2 2 2 83
Transport
Department of TransportLinks to footnote 3 in table 1 2,806 517 545 566 583 595
Total—Leases of property 3,681 550 577 597 614 627 716
Royalties and revenue/profit-sharing arrangements
Innovation, Science and Industry
National Research Council of CanadaLinks to footnote 3 in table 1 24 3 3 2 2 2 12
Total—Royalties and revenue/profit-sharing arrangements 24 3 3 2 2 2 12
Other
Agriculture and Agri-Food
Department of Agriculture and Agri-Food 200 33 25 22 21 16 83
Environment and Climate Change
Parks Canada AgencyLinks to footnote 2 in table 1 29 5 5 4 4 4 7
Employment and Workforce Development
Department of Employment and Social Development 513 513
Innovation, Science and Industry
Department of Industry 77 12 12 11 9 8 25
National Defence
Department of National Defence 31 31
Total—Other 850 563 42 37 34 59 115
Contractual rights subject to non-disclosure clauses 177 2 2 3 3 3 164
Total 35,552 4,499 4,121 4,286 4,403 4,604 13,639

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