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 1Return on investments
(in dollars)
Description Dividends/Interests Amount realized in 2023–2024
Cash and accounts receivable
Department of Employment and Social Development
Interest on bank deposits   741,938
Department of Finance
Interest on bank deposits   489,882,922
Total cash and accounts receivable   490,624,860
Foreign exchange accounts
Department of Finance
International Monetary Fund—Transfer of profits
Loans   18,581,598
Subscriptions   207,812,959
International reserves held in the Exchange Fund Account
Transfer of profits   2,951,156,682
Total foreign exchange accounts   3,177,551,239
Loans, investments and advances
Enterprise Crown corporations and other government business enterprises
Business Development Bank of Canada
Dividends 337,000,000  
Interest 1,151,129,278  
Subtotal   1,488,129,278
Canada Development Investment Corporation
Dividends 32,000,000  
Interest 779,011,336  
Subtotal   811,011,336
Canada Housing Trust—Canada Mortgage Bonds
Interest   19,251,264
Canada Lands Company Limited
Dividends   10,000,000
Canada Mortgage and Housing Corporation
Dividends 830,000,000  
Interest 511,593,057  
Subtotal   1,341,593,057
Farm Credit Canada
Dividends 210,000,000  
Interest 1,382,741,850  
Subtotal   1,592,741,850
Royal Canadian Mint
Dividends   4,000,000
Other government business enterprises
Other than interest
Department of Transport
Belledune Port Authority 173,915  
Halifax Port Authority 2,569,445  
Hamilton-Oshawa Port Authority 2,024,401  
Montreal Port Authority 4,832,125  
Nanaimo Port Authority 313,128  
Port Alberni Port Authority 106,108  
Prince Rupert Port Authority 3,373,318  
Quebec Port Authority 2,991,901  
Saguenay Port Authority 126,282  
Saint John Port Authority 1,204,823  
Sept-Îles Port Authority 1,426,291  
St John's Port Authority 194,331  
Thunder Bay Port Authority 91,133  
Toronto Port Authority 3,525,533  
Trois-Rivières Port Authority 455,089  
Vancouver Fraser Port Authority 9,207,911  
Windsor Port Authority 46,187  
Subtotal   32,661,921
Total enterprise Crown corporations and other government business enterprises   5,299,388,706
National governments including developing countries
Department of Foreign Affairs, Trade and Development
International Development Assistance
Interest on loans to developing countries   4,087,114
International organizations
Department of Finance
International Development Association
Interest   9,246,568
International Monetary Fund—Poverty Reduction and Growth Trust
Interest   61,524,624
Total International organizations   70,771,192
Other loans, investments and advances
Department of Agriculture and Agri-Food
Canadian Dairy Commission—Interest   799,683
Hog industry loan loss reserve program   1,961,459
Department of Crown-Indigenous Relations and Northern Affairs
Inuit loan fund   3,938
Department of Employment and Social Development
Interest on Canada apprentice loans   2,092
Interest on Canada student loans   14,631,804
Payments received for discounted portion of loans   1,174,630
Department of Finance
Federal-provincial fiscal arrangements   58,944
Financial Consumer Agency of Canada   307,564
Optional Services Revolving Fund   462,941
Department of Foreign Affairs, Trade and Development
Canadian Commercial Corporation—Dividends   4,000,000
Interest on loans and advances to Missions abroad   142,884
Interest on loans and advances to personnel posted abroad   238,678
Interest on portfolio investments   590,948
Interest on unconditionally repayable contributions   8,911,299
Department of Indigenous Services
Indian Economic Development Guaranteed Loans Program   23,182
Reserve Housing Guaranteed Loans Program   73,199
Department of Industry
Interest on loans receivable   11,753,439
Export Development Canada (Canada Account)
Canada Emergency Business Account—Interest   47,159,363
Development of export trade—Interest   16,174,182
Total other loans, investments and advances   108,470,229
Total loans, investments and advances   5,482,717,241
Other accounts
Department of National Defence
Interest earned from funds on deposit with suppliers/banks   1,625,503
Interest on loans to employees posted abroad   280,755
Security deposit (outside Canada posting)   1,059
Canadian Security Intelligence Service
Interest on bank deposits   14,437
Royal Canadian Mounted Police
Loans and advances to persons posted abroad—Interest   4,806
Total other accounts   1,926,560
Total return on investments   9,152,819,900
Summary
Dividends   1,427,000,000
Interest   4,514,432,110
Transfer of profits   3,177,551,239
Other   33,836,551
Total   9,152,819,900

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