4.2 Financial reporting accounts: Liabilities—Detailed for 2024 to 2025

The financial reporting accounts used for government-wide reporting purposes are included in this section. Financial reporting accounts identify the relevant asset, liability, equity, revenue and expense accounts required for financial reporting (maintaining accounts in a general ledger) and for preparing financial statements.

4.2 Financial reporting accounts: Liabilities—Summary for 2024 to 2025

2

Liabilities

21

Current liabilities

211

Accounts payable

2111

Accounts payable regular

21111

Accounts payable ongoing

21112

Accrued salaries and wages

21113

Accrued liabilities

Note(s):

Accrued liabilities including payables which can be charged against the appropriation as per the PAYE policy. It excludes salary accruals that should be recorded using FRA 21112.

21115

Year end accrual-pending Budget Implementation Act

21117

Accrued interest payable on regular (trade) payables

21119

Other payables

2112

Unpaid payroll deductions

21121

Income taxes payable (to Government of Canada)

21122

Canada pension plan (CPP) payable

21123

Employment insurance (EI) payable

21124

Superannuation deducted

Note(s):

Deductions include those for Supplementary Death Benefits.

21125

Retirement compensation accounts deducted

21126

Other deductions payable to the Government of Canada

21127

Deductions payable to outside parties

21128

Departmental paylist deductions

21129

Other unpaid payroll deductions

2113

Accounts payable interdepartmental

21132

Other government departments (OGD) - Accounts payable

Description:

An account which records amounts owing to an OGD for the sale of goods and/or services rendered but the Interdepartmental Settlement (IS) has not been initiated. Month-end and year-end payables will be recorded using this Financial Reporting Account (FRA). It is comparable to the intercompany accounts payable in the private sector and will need to be eliminated by the Receiver General at a government-wide level for the purposes of consolidation. Its asset counterpart is the FRA 11242 Other government department (OGD) - Accounts receivable.

Note: This account should not be used as a suspense account for IS processing. Please refer to FRA 21615 for this purpose.

Note(s):

Reference: Financial Information Strategy Accounting Manual
"I" indicator to be used with this account except for opening balance.

21134

Goods and services tax (GST) (including harmonized sales tax - HST) payable to Canada Revenue Agency (CRA)

Note(s):

Departments will record GST amounts payable to the CRA in these accounts.

21135

Interdepartmental settlement (IS) debits in transit to the Receiver General (for debtor initiated IS)

Note(s):

"I" indicator to be used with this account except for opening balance.

21136

Quebec sales tax (QST) payable to government departments

Department(s) specific:

127 - Public Works and Government Services (Department of)

2114

Notes payable

21141

Notes payable to International Development Association

Department(s) specific:

006 - Finance (Department of)

21142

Notes payable to development banks

Department(s) specific:

005 - Foreign Affairs, Trade and Development (Department of)

21143

Notes payable to international financial institutions

Department(s) specific:

005 - Foreign Affairs, Trade and Development (Department of)

21149

Notes payable to other international organizations and banks

Department(s) specific:

006 - Finance (Department of)

2115

Other accounts payable

21151

Provincial sales tax, excluding harmonized sales tax (HST)

Description:

This account is used to record provincial sales taxes and any other provincial tax or fee collected and remitted to the provinces.

21152

Consolidated Crown corporations and other entities

Department(s) specific:

097 - Receiver General

21153

Contractor's holdback

21154

Accrued interest payable on capital leases

21155

Amounts owing to banks under direct financing arrangements pursuant to the Canada Student Financial Assistance Act (CSFA)

Department(s) specific:

014 - Employment and Social Development (Department of)

21156

Account payable to other levels of government (contra asset)

Department(s) specific:

006 - Finance (Department of)

21157

Revaluation of foreign currency forward contract

Department(s) specific:

006 - Finance (Department of)

21159

Other accounts payable

Description:

This account is only to be used where no other liability financial reporting account adequately characterizes the transaction.

2116

Accounts payable by Canada Revenue Agency (CRA) - Tax revenue

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21161

Personal and non-residents tax payable account

Description:

Represents amounts payable by Canada Revenue Agency (CRA) to taxpayers for personal income tax, trust income tax, source deductions and non-resident taxes. It includes amounts payable as a result of tax assessed and amounts payable estimated by CRA which have not yet been assessed.

Department(s) specific:

038 - Canada Border Services Agency - (Administered Activities)
122 - Canada Revenue Agency - (Administered Activities)

21162

Corporate income taxes payable

Description:

Represents amounts payable by CRA to taxpayers for corporate income tax. It includes amounts payable as a result of tax assessed and amounts payable estimated by CRA which have not yet been assessed.

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21163

Goods and services tax (GST)

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21164

Accounts payable provincial sales tax

Department(s) specific:

038 - Canada Border Services Agency - (Administered Activities)
085 - Canada Border Services Agency
122 - Canada Revenue Agency - (Administered Activities)

21165

Accounts payable Nova Scotia Worker Compensation

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21166

Accounts payable to the Ministry of Revenue Quebec (MRQ) by Canada Revenue Agency (CRA)

Description:

Represents amounts payable by the Canada Revenue Agency (CRA) to the Ministry of Revenue Québec (MRQ) for taxes withheld at source by CRA from employees living in Québec but working outside Québec. It also includes amounts due to CRA from MRQ for taxes withheld at source by MRQ from employees living outside Québec but working in Québec. This account also includes the amount payable by CRA to MRQ for goods and services tax (GST) refund/rebate cheques issued by MRQ that have not been cashed by the taxpayer as CRA refunds MRQ only when the cheques were cashed by the taxpayer.

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21167

Accounts payable to provinces - Other taxes

Department(s) specific:

038 - Canada Border Services Agency - (Administered Activities)
122 - Canada Revenue Agency - (Administered Activities)

21169

Other tax revenues payable

Department(s) specific:

038 - Canada Border Services Agency - (Administered Activities)
085 - Canada Border Services Agency
122 - Canada Revenue Agency - (Administered Activities)

2117

Accounts payable - Tax revenue - Interdepartmental allocations

21171

Canada pension plan premiums payable to the Department of Social Development

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21172

Employment insurance contributions payable to Human Resources and Skills Development (HRSD)

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21173

Old age security overpayments payable to the Department of Social Development

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21174

T1 (Individual) Provincial and Territorial Tax Collections Payable to Finance

Description:

Under the Federal-Provincial Fiscal Arrangements Act, the Government of Canada is empowered to enter into agreements with provincial and territorial governments, to collect income taxes on their behalf, and to make payments to them with respect to such taxes. The Government of Canada entered into agreements with provinces and territories (excluding Quebec) to collect individual and corporation income tax through Canada Revenue Agency (CRA). In turn, CRA transfers this money to the Department of Finance who will make the payment to the provinces and territories in equal monthly instalments. This account is used by CRA to pay to the Department of Finance the individual income tax collected. The Financial Reporting Account (FRA) 21177 is used for the corporate tax collected.

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21175

Provincial Benefit Programs Payable to Canada Revenue Agency (CRA)

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21176

Harmonized Sales Tax (HST) Payable to Finance (used by Canada Revenue Agency - CRA)

Department(s) specific:

038 - Canada Border Services Agency - (Administered Activities)
122 - Canada Revenue Agency - (Administered Activities)

21177

T2 (Corporate) Provincial and Territorial Tax Collections Payable to Finance

Description:

Under the Federal-Provincial Fiscal Arrangements Act, the Government of Canada is empowered to enter into agreements with provincial and territorial governments to collect income taxes on their behalf and to make payments to them with respect to such taxes. The Government of Canada entered into agreements with provinces and territories (excluding Quebec) to collect individual and corporation income tax through Canada Revenue Agency (CRA). In turn CRA transfers this money to the Department of Finance who will make the payment to the provinces and territories in equal monthly instalments. This account is used by CRA to pay to the Department of Finance the corporate income tax collected. The Financial Reporting Account (FRA) 21174 is used for the individual tax collected.

Department(s) specific:

122 - Canada Revenue Agency - (Administered Activities)

21179

Other Payables

Department(s) specific:

038 - Canada Border Services Agency - (Administered Activities)
085 - Canada Border Services Agency
122 - Canada Revenue Agency - (Administered Activities)

212

Interest and Matured Debt

2121

Matured Debt

21211

Marketable Bonds

Department(s) specific:

006 - Finance (Department of)

21212

Canada Savings Bonds

Department(s) specific:

006 - Finance (Department of)

21213

Treasury Bills

Department(s) specific:

006 - Finance (Department of)

21214

Matured Debt in Foreign Currencies

Department(s) specific:

006 - Finance (Department of)

2122

Interest Due on Unmatured Debt

21221

Interest Due

Department(s) specific:

006 - Finance (Department of)

21222

Compound Interest on Canada Savings Bonds

Department(s) specific:

006 - Finance (Department of)

21223

Interest Due on Coupons

Department(s) specific:

006 - Finance (Department of)

2123

Interest Accrued on Unmatured Debt

21231

Interest Accrued on Marketable Bonds

Department(s) specific:

006 - Finance (Department of)

21232

Interest Accrued on Canada Savings Bonds

Department(s) specific:

006 - Finance (Department of)

21233

Interest Accrued on Special Non-Marketable Bonds Issued to Canada Pension Plan (CPP) Investment Fund

Department(s) specific:

006 - Finance (Department of)

21234

Interest Accrued on Unmatured Debt in Foreign Funds

Department(s) specific:

006 - Finance (Department of)

21235

Interest Accrued on Other Liabilities

Department(s) specific:

006 - Finance (Department of)

21236

Interest Accrued for Promissory Notes

Department(s) specific:

006 - Finance (Department of)

21237

Interest Accrued for Medical Equipment Trust

Department(s) specific:

006 - Finance (Department of)

213

Current Portion of Long-Term Debt

2131

Unmatured Debt in Canadian Currency

21311

Marketable Bonds

Department(s) specific:

006 - Finance (Department of)

21312

Canada Savings Bonds

Department(s) specific:

006 - Finance (Department of)

21313

Treasury Bills

Department(s) specific:

006 - Finance (Department of)

2132

Unmatured Debt in Foreign Currency

21321

Marketable Bonds

Department(s) specific:

006 - Finance (Department of)

214

Allowances

2141

Allowance for Employee Benefits

Note(s):

Accounting requirements to be done by departments unless otherwise specified for an individual account.

21410

Allowance for Maternity/Parental Leave

Department(s) specific:

097 - Receiver General

21411

Allowance for Vacation Pay

21412

Allowance for Termination Benefits - Work Force Adjustment

Department(s) specific:

097 - Receiver General

21413

Allowance for Retroactive Salaries

21414

Allowance for time-off in lieu

21415

Allowance for severance benefits - Departments

21416

Allowance for Termination Benefits - Departments

21417

Allowance for Other Employee Benefits

21418

Consolidated Crown Corporations and Other Entities

Department(s) specific:

097 - Receiver General

21419

Allowance for Sick Leave Benefit Plan - Departments

Department(s) specific:

130 - Canada Revenue Agency

2142

Allowance for Borrowings of Crown Corporations

21421

Total Borrowings of Agent Enterprise Crown Corporations

Department(s) specific:

006 - Finance (Department of)
097 - Receiver General

21422

Borrowings of Agent Enterprise Crown Corporations Expected to be Repaid

Department(s) specific:

097 - Receiver General

21423

Total Borrowings of Consolidated Crown Corporations

Department(s) specific:

097 - Receiver General

21424

Borrowings of Consolidated Crown Corporations Expected to be Repaid

Department(s) specific:

097 - Receiver General

2143

Other Allowances

21431

Allowance for Accrued Items

21432

Allowance for Loan Guarantees

Department(s) specific:

001 - Agriculture and Agri-Food (Department of)
005 - Foreign Affairs, Trade and Development (Department of)
006 - Finance (Department of)
014 - Employment and Social Development (Department of)
023 - Atlantic Canada Opportunities Agency
033 - Industry (Department of)
042 - Department of Crown-Indigenous Relations and Northern Affairs
097 - Receiver General
123 - Export Development Canada (Crown Corporation)

21433

Allowance for claims and pending and threatened litigations

Description:

This account is used to record an allowance for contingent liabilities related to claims and pending and threatened litigation only.

2144

Allowances for Other Valuation Amounts

Department(s) specific:

097 - Receiver General

21441

Income Tax Refunds

Department(s) specific:

097 - Receiver General

21442

Petroleum Industry Refunds

Department(s) specific:

097 - Receiver General

21443

Harmonized Sales Tax (HST) Payable to Provinces

Department(s) specific:

097 - Receiver General

215

Other Current Liabilities

2151

Deferred Revenues

21510: Deferred Revenues
21511: Lease Inducement
Description:
Lease inducements are incentives offered by a lessor for a lessee to enter into a lease. The incentive may include an up-front cash payment to the lessee, a rent free period or a contribution to certain lessee costs such as leasehold improvements or relocation costs.

216

Suspense Accounts

2161

General Suspense Accounts

21611

General Suspense Accounts

Description:

The general suspense account is to be used by departments to temporarily record the receipt of money received from a third party (i.e., parties outside the Government of Canada accounting entity) for which there is not enough information available, to post the transaction to the proper account. The remitter must be contacted immediately to identify the intended purpose for which the funds were provided. Amounts in suspense accounts are to be cleared to the appropriate accounts as soon as information relevant to their ultimate disposition becomes available. At year end the balance remaining in the general suspense account is to only represent transactions for which the appropriate accounting remains uncertain.

21612

Intradepartmental Clearing Account

Description:

This account is to be used to report transactions between separate authorities within a department (including those involving revolving funds). The total amounts of the debits and credits coded to this account are to zero out each month within each department.

21613

Garnisheed Salaries

21614

Family Orders

21615

Undistributed/Unmatched IS Suspense

Description:

This account includes all interdepartmental settlement (IS) transactions payments (payables) and receipts (receivables) for which the ultimate accounting is not known at the time the IS is received and recorded in a Departmental Financial Management System (DFMS). This account is to be used by departments to temporarily record the receipt of an IS until the correct accounting is determined and the final accounting processed. The items in this account should be cleared on an on-going basis. Authority code B420 is to be used with this FRA.

Note(s):

The balance in this account must be zero at year-end.
"I" indicator only is to be used with this account.

2162

Special Suspense Accounts

21621

Other Government Department (OGD) Suspense

Description:

Note: Under no circumstances can the balance of this FRA be transferred to the next fiscal year. The balance at year end must be brought to zero. (Reference: Appendix 12 of chapter 14 of the Receiver General Manual)

21622

Public Service Superannuation Act (PSSA) / Supplementary Retirements Benefit Account (SRBA) Suspense Clearing

21623

Unclaimed Cheque Suspense

21624

Interdepartmental Settlement Suspense

Department(s) specific:

097 - Receiver General

21625

Contributed Capital Suspense

21626

Reallocation of Internal/External Codes for Interdepartmental Settlement (IS) Transactions

Description:

The account is used for interdepartmental settlement (IS) transactions which involve the transfer of an original external transaction from one Department (Dept) to another Dept. This account is needed because all transactions processed through the Standard Payment System (SPS) as an IS are required to be identified with the "I" indicator.

21627

Suspense for Proceeds from Asset Sales

Note(s):

Account required by some cluster groups for systems purposes.

22

Pension Accounts

221

Canada Pension Plan (CPP)

2211

Canada Pension Plan Account

22110

Canada Pension Plan Account - Cumulative Funds under Administration

Department(s) specific:

014 - Employment and Social Development (Department of)

22111

Canada Pension Plan (CPP) - Cumulative Transfers to CPP Investment Board

Department(s) specific:

014 - Employment and Social Development (Department of)

2212

Securities Held by Canada Pension Plan (CPP) Investment Fund

22121

Provincial and Territorial Bonds Held by Canada Pension Plan (CPP) Investment Fund

Department(s) specific:

014 - Employment and Social Development (Department of)

22123

Investments of the Government of Canada

Department(s) specific:

014 - Employment and Social Development (Department of)

2213

Canada Pension Plan (CPP) Short Term Investments Held

22130

Canada Pension Plan - Short Term Investments Held

Department(s) specific:

014 - Employment and Social Development (Department of)

222

Public Sector Pensions

Note(s):

Additional information for the pension accounts is in the class objects.

2221

Public Service Pensions

22211

Public Service Superannuation Account

Department(s) specific:

087 - Public Service Superannuation

22212

Public Service Superannuation Investment Fund

Department(s) specific:

087 - Public Service Superannuation

22213

Public Service Pension Fund

Department(s) specific:

087 - Public Service Superannuation

2222

Canadian Forces Pensions

22221

Canadian Forces Superannuation Account

Department(s) specific:

018 - National Defence (Department of)

22222

Canadian Forces Superannuation Investment Fund

Department(s) specific:

018 - National Defence (Department of)

22223

Canadian Forces Pension Fund

Department(s) specific:

018 - National Defence (Department of)

22224

Reserve Force Pension Fund

Department(s) specific:

018 - National Defence (Department of)

2223

Royal Canadian Mounted Police (RCMP) Pensions

22231

Royal Canadian Mounted Police (RCMP) Superannuation Account

Department(s) specific:

030 - Royal Canadian Mounted Police

22232

Royal Canadian Mounted Police (RCMP) Superannuation Investment Fund

Department(s) specific:

030 - Royal Canadian Mounted Police

22233

Royal Canadian Mounted Police (RCMP) Pension Fund

Department(s) specific:

030 - Royal Canadian Mounted Police

2224

Members of Parliament Retiring Allowances Accounts

22241

Members of Parliament Retiring Allowances Account (House of Commons)

Department(s) specific:

067 - House of Commons

22242

Senators Retiring Allowances Accounts

Department(s) specific:

009 - Senate

2225

Members of Parliament Retirement Compensation Arrangements (RCA) Account

22251

Retirement Compensation Arrangements (RCA) Account - House of Commons

Department(s) specific:

067 - House of Commons

22252

Retirement Compensation Arrangements (RCA) - House of Commons - Cumulative Tax Withheld Recoverable

Department(s) specific:

067 - House of Commons

22255

Retirement Compensation Arrangements (RCA) Account - Senate

Department(s) specific:

009 - Senate

22256

Retirement Compensation Arrangements (RCA) Account - Senate - Cumulative Tax Withheld Recoverable

Department(s) specific:

009 - Senate

223

Retirement Compensation Arrangements Account (RCA)

2231

Retirement Compensation Arrangements (RCA) Account No. 1 - Public Servants

22311

Retirement Compensation Arrangements (RCA) No. 1 - Public Servants General Account

Department(s) specific:

087 - Public Service Superannuation

22312

Retirement Compensation Arrangements (RCA) No. 1 - Public Servants Cumulative Tax Withheld Recoverable

Department(s) specific:

087 - Public Service Superannuation

2232

Retirement Compensation Arrangements (RCA) Account No. 1 - National Defence

22321

Retirement Compensation Arrangements (RCA) Account No. 1 - National Defence General Account

Department(s) specific:

018 - National Defence (Department of)

22322

Retirement Compensation Arrangements (RCA) Account No. 1 - National Defence Cumulative Tax Withheld Recoverable

Department(s) specific:

018 - National Defence (Department of)

2233

Retirement Compensation Arrangements (RCA) Account No. 1 - Royal Canadian Mounted Police (RCMP)

22331

Retirement Compensation Arrangements (RCA) Account No. 1 - Royal Canadian Mounted Police (RCMP) - General Account

Department(s) specific:

030 - Royal Canadian Mounted Police

22332

Retirement Compensation Arrangements (RCA) No. 1 - Royal Canadian Mounted Police (RCMP) - Cumulative Tax Withheld Recoverable

Department(s) specific:

030 - Royal Canadian Mounted Police

2234

Retirement Compensation Arrangements (RCA) Account No. 2 - Public Servants

22341

Retirement Compensation Arrangements (RCA) No. 2 - Public Servants General Account

Department(s) specific:

087 - Public Service Superannuation

22342

Retirement Compensation Arrangements (RCA) No. 2 - Public Servants - Cumulative Tax Remitted Recoverable

Department(s) specific:

087 - Public Service Superannuation

224

Other Public Sector Pension Accounts

2241

Supplementary Retirements Benefit Account (SRBA)

22412

Supplementary Retirements Benefit Account (SRBA) - Judges

Department(s) specific:

013 - Justice (Department of)
051 - Office of the Commissioner for Federal Judicial Affairs
080 - Registrar of the Supreme Court of Canada
087 - Public Service Superannuation

22413

Supplementary Retirements Benefit Account (SRBA) - Lieutenant Governors (LGSA)

Department(s) specific:

087 - Public Service Superannuation
135 - Canadian Heritage (Department of)

22414

Supplementary Retirements Benefit Account (SRBA) - Diplomatic DSSSA

Department(s) specific:

005 - Foreign Affairs, Trade and Development (Department of)
087 - Public Service Superannuation

22415

Supplementary Retirements Benefit Account (SRBA) - Parliament

Department(s) specific:

067 - House of Commons
087 - Public Service Superannuation

22416

Supplementary Retirements Benefit Account (SRBA) - Royal Canadian Mounted Police Pension Continuation Act

Department(s) specific:

030 - Royal Canadian Mounted Police
087 - Public Service Superannuation

22417

Supplementary Retirements Benefit Account (SRBA) - Defence Service Pension Continuation Act

Department(s) specific:

018 - National Defence (Department of)
087 - Public Service Superannuation

2242

Pension Liabilities Under Other Superannuation Acts

22422

Judges Act - Pension Liability

Department(s) specific:

056 - Treasury Board Secretariat

22423

Lieutenant Governors Superannuation Act - Pension Liability

Department(s) specific:

056 - Treasury Board Secretariat

22424

Diplomatic Services Superannuation Act - Pension Liability

Department(s) specific:

056 - Treasury Board Secretariat

22426

Royal Canadian Mounted Police Continuation Act - Pension Liability

Department(s) specific:

056 - Treasury Board Secretariat

22427

Defence Services Pension Continuation Act - Pension Liability

Department(s) specific:

056 - Treasury Board Secretariat

22429

Other Pension Liabilities

Department(s) specific:

056 - Treasury Board Secretariat

225

Allowance for Pension Adjustments

Note(s):

Details for these accounts are in the Authority code.

2251

Allowance for Pension Adjustments General Accounts

22511

Public Service Superannuation Account (PSSA) - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22512

Canadian Forces Superannuation Act (CFSA) - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22513

Royal Canadian Mounted Police Superannuation Account - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22514

Members of Parliament Retiring Allowances Account - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22515

Members of Parliament(MP) Retirement Compensation Arrangements (RCA) - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22516

Public Service Pension Fund - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22517

Canadian Forces (CF) Pension Fund - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22518

Royal Canadian Mounted Police (RCMP) Pension Fund - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22519

Reserve Force Pension Fund - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat
097 - Receiver General

2252

Allowance for Pension Adjustments - Retirement Compensation Arrangements (RCA) Accounts

22521

Retirement Compensation Arrangements (RCA) No. 1 - Public Servants - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22522

Retirement Compensation Arrangements (RCA) No. 1 - National Defence - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22523

Retirement Compensation Arrangements (RCA) No. 1 - Royal Canadian Mounted Police - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22524

Retirement Compensation Arrangements (RCA) No. 2 - Public Servants - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

2253

Allowance for Pension Adjustments - Supplementary Retirements Benefit Account (SRBA)

22532

Supplementary Retirements Benefit Account (SRBA) - Judges Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22533

Supplementary Retirements Benefit Account (SRBA) - Lieutenant Governors (LGSA) - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22534

Supplementary Retirements Benefit Account (SRBA) - Diplomatic DSSSA - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22535

Supplementary Retirements Benefit Account (SRBA) - Parliament - Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22536

Supplementary Retirements Benefit Account (SRBA) - RCMP Continuation Act Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

22537

Supplementary Retirements Benefit Account (SRBA) - Defence Service Pension Continuation Act Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

2254

Allowance for Pension Adjustments - Other Accounts

22549

Other Pension Accounts-Allowance for Pension Adjustments

Department(s) specific:

056 - Treasury Board Secretariat

2255

Consolidated Crown Corporations' Pension Liabilities

22551

Consolidated Crown Corporations' Funded Pension Liabilities

Department(s) specific:

097 - Receiver General

22552

Consolidated Crown corporations' Unfunded Pension Liabilities

Department(s) specific:

097 - Receiver General

226

Insurance, Death Benefit and Other Pension Accounts

2261

Insurance Accounts

22611

Civil Service Insurance Fund

Department(s) specific:

014 - Employment and Social Development (Department of)

22612

Veterans Insurance Fund

Department(s) specific:

021 - Veterans Affairs (Department of)

22613

Insurance Company Liquidation Accounts

Department(s) specific:

011 - Office of the Superintendent of Financial Institutions

22614

Returned Soldiers Insurance Fund

Department(s) specific:

021 - Veterans Affairs (Department of)

22618

Insurance Company Liquidation Contra Account

Department(s) specific:

011 - Office of the Superintendent of Financial Institutions

22619

Other Insurance Accounts

2262

Death Benefit Accounts

22621

Public Service Death Benefit Account

Department(s) specific:

087 - Public Service Superannuation

22622

Regular Forces Death Benefit Account

Department(s) specific:

018 - National Defence (Department of)

22629

Other Death Benefit Accounts

2263

Other Pension Accounts

22631

Royal Canadian Mounted Police (RCMP) - Dependents Pension Fund

Department(s) specific:

030 - Royal Canadian Mounted Police

22632

Locally Engaged Contributory Pension Account

Department(s) specific:

005 - Foreign Affairs, Trade and Development (Department of)
056 - Treasury Board Secretariat

22633

Annuity Agent Pension Account

Department(s) specific:

014 - Employment and Social Development (Department of)

22639

Other Pension Accounts

227

Other Employee Future Benefits

Description:

Other Employee Future Benefits are earned by active employees and expected to be provided to them when they are no longer providing active service either on a temporary or permanent basis. Other Employee Future Benefits include the following benefits: Other Retirement benefits and Post-employment benefits.

Department(s) specific:

097 - Receiver General

2271

Other Retirement Benefits

Description:

Other Retirement Benefits are benefits, other than pension benefits, which the government is expected to provide after retirement to employees and their beneficiaries. These benefits include health care and dental benefits, provided to employees after retirement.

Department(s) specific:

097 - Receiver General

22711

Health Care Plan Liability

Department(s) specific:

097 - Receiver General

22712

Dental Plan Liability

Department(s) specific:

097 - Receiver General

2272

Post-Employment Benefits and Compensated Absences

Description:

Post-employment benefits are expected to be provided after employment but before retirement to employees and their beneficiaries. These benefits include termination benefits, workers' compensation, veteran's benefits and sick leave.

Department(s) specific:

097 - Receiver General

22721

Severance Benefits Liability

Department(s) specific:

097 - Receiver General

22722

Workers' Compensation Liability

Department(s) specific:

097 - Receiver General

22725

Veterans' Benefits Liability

Department(s) specific:

097 - Receiver General

22726

RCMP Benefits Liability

Department(s) specific:

097 - Receiver General

22727

Sick Leave Benefit Plan Liability

Department(s) specific:

097 - Receiver General

22728

Early retirement, severance and other benefits liability for former Cape Breton Development Corporation employees

Department(s) specific:

097 - Receiver General

2273

Consolidated Crown corporations' other employee future benefit liabilities

22731

Consolidated Crown Corporations' Other Employee Future Benefit Liabilities

Department(s) specific:

097 - Receiver General

23

Specified Purpose and Other Liability Accounts

231

Government Annuities Account

2311

Government Annuities Account

23110

Government Annuities Account

Department(s) specific:

014 - Employment and Social Development (Department of)

23111

Allowance for adjustments - Government Annuities Account

Department(s) specific:

014 - Employment and Social Development (Department of)

232

Deposit and Trust Accounts

Note(s):

Details for these accounts are in the Authority code.

2321

Deposit Accounts

23211

Guarantee Deposits Accounts

23212

Seized Property Cash

23213

Other Deposit Accounts

23214

Securities Held in Trust Deposit Accounts (Contra)

23216

SWAPs Collateral Deposit

Department(s) specific:

006 - Finance (Department of)

23217

Canadian Dairy Commission Account

Department(s) specific:

134 - Canadian Dairy Commission

23218

Canada Development Investment Corporation Holdback

Department(s) specific:

006 - Finance (Department of)

23219

Other Consolidated Crown Corporation Deposit Accounts

2322

Trust Accounts

23221

Indian Band Funds

Department(s) specific:

191 - Department of Indigenous Services

23222

Indian Savings Accounts

Department(s) specific:

191 - Department of Indigenous Services

23223

Other Trust Accounts

23224

Securities Held in Trust - Other Trust Accounts (Contra)

23225

Indian Estates Account

Department(s) specific:

191 - Department of Indigenous Services

23226

Indian Moneys Suspense Account

Department(s) specific:

042 - Department of Crown-Indigenous Relations and Northern Affairs

23229

Consolidated Crown Corporation Trust Accounts

Department(s) specific:

006 - Finance (Department of)

2323

Contractor Security Deposits

23231: Contractor Security Deposits Held in Trust - Bonds
23232: Contractor Security Deposits - Cash and Cheques
23233: Contractor Security Deposits Held in Trust - Certified Cheques
23234: Securities Held in Trust Contractor Deposits Bonds (Contra)
23235: Securities Held in Trust Contractor Deposits Certified Cheques (Contra)

233

Provincial and First Nations Tax Collection Agreements Accounts

Note(s):

Last digit in the account numbers identifies the relevant calendar year.

2331

Provincial Tax Collection Agreements Accounts - Personal Income Taxes

23310

Personal Income Taxes - Calendar Year 2020

Department(s) specific:

006 - Finance (Department of)

23311

Personal Income Taxes - Calendar Year 2021

Department(s) specific:

006 - Finance (Department of)

23312

Personal Income Taxes - Calendar Year 2022

Department(s) specific:

006 - Finance (Department of)

23313

Personal Income Taxes - Calendar Year 2023

Department(s) specific:

006 - Finance (Department of)

23314

Personal Incomes Taxes - Calendar Year 2024

Department(s) specific:

006 - Finance (Department of)

23315

Personal Income Taxes - Calendar Year 2015

Department(s) specific:

006 - Finance (Department of)

23316

Personal Income Taxes - Calendar Year 2016

Department(s) specific:

006 - Finance (Department of)

23317

Personal Income Taxes - Calendar Year 2017

Department(s) specific:

006 - Finance (Department of)

23318

Personal Income Taxes - Calendar Year 2018

Department(s) specific:

006 - Finance (Department of)

23319

Personal Income Taxes - Calendar Year 2019

Department(s) specific:

006 - Finance (Department of)

2332

Provincial Tax Collection Agreements Accounts - Corporate Income Taxes

23320

Corporate Income Taxes - Calendar Year 2020

Department(s) specific:

006 - Finance (Department of)

23321

Corporate Income Taxes - Calendar Year 2021

Department(s) specific:

006 - Finance (Department of)

23322

Corporate Income Taxes - Calendar Year 2022

Department(s) specific:

006 - Finance (Department of)

23323

Corporate Income Taxes - Calendar Year 2023

Department(s) specific:

006 - Finance (Department of)

23324

Corporate Income Taxes - Calendar Year 2024

Department(s) specific:

006 - Finance (Department of)

23325

Corporate Income Taxes - Calendar Year 2015

Department(s) specific:

006 - Finance (Department of)

23326

Corporate Income Taxes - Calendar Year 2016

Department(s) specific:

006 - Finance (Department of)

23327

Corporate Income Taxes - Calendar Year 2017

Department(s) specific:

006 - Finance (Department of)

23328

Corporate Income Taxes - Calendar Year 2018

Department(s) specific:

006 - Finance (Department of)

23329

Corporate Income Taxes - Calendar Year 2019

Department(s) specific:

006 - Finance (Department of)

2333

Provincial Tax Collection Agreements Accounts - Harmonized Sales Taxes

23330

Harmonized Sales Tax - Calendar Year 2020

Department(s) specific:

006 - Finance (Department of)

23331

Harmonized Sales Tax - Calendar Year 2021

Department(s) specific:

006 - Finance (Department of)

23332

Harmonized Sales Tax - Calendar Year 2022

Department(s) specific:

006 - Finance (Department of)

23333

Harmonized Sales Tax - Calendar Year 2023

Department(s) specific:

006 - Finance (Department of)

23334

Harmonized Sales Tax - Calendar Year 2024

Department(s) specific:

006 - Finance (Department of)

23335

Harmonized Sales Tax - Calendar Year 2015

Department(s) specific:

006 - Finance (Department of)

23336

Harmonized Sales Tax - Calendar Year 2016

Department(s) specific:

006 - Finance (Department of)

23337

Harmonized Sales Tax - Calendar Year 2017

Department(s) specific:

006 - Finance (Department of)

23338

Harmonized Sales Tax - Calendar Year 2018

Department(s) specific:

006 - Finance (Department of)

23339

Harmonized Sales Tax - Calendar Year 2019

Department(s) specific:

006 - Finance (Department of)

2334

First Nations Tax Agreement Accounts

23340

Excise Taxes - Calendar Year 2020

Department(s) specific:

006 - Finance (Department of)

23341

Excise Taxes - Calendar Year 2021

Department(s) specific:

006 - Finance (Department of)

23342

Excise Taxes - Calendar Year 2022

Department(s) specific:

006 - Finance (Department of)

23343

Excise Taxes - Calendar Year 2023

Department(s) specific:

006 - Finance (Department of)

23344

First Nation Excise Taxes - Calendar Year 2024

Department(s) specific:

006 - Finance (Department of)

23345

Excise Taxes - Calendar Year 2015

Department(s) specific:

006 - Finance (Department of)

23346

Excise Taxes - Calendar Year 2016

Department(s) specific:

006 - Finance (Department of)

23347

Excise Taxes - Calendar Year 2017

Department(s) specific:

006 - Finance (Department of)

23348

Excise Taxes - Calendar Year 2018

Department(s) specific:

006 - Finance (Department of)

23349

Excise Taxes - Calendar Year 2019

Department(s) specific:

006 - Finance (Department of)

2335

First Nation Goods and Services Tax (FNGST)

23350

First Nation Goods and Services Tax - Calendar Year 2020

Description:

The tax attributable to a first nation comes from an administration agreement in respect of a first nation law of a particular first nation. It provides for payments by the Government of Canada to the particular first nation in respect of that law based on an estimate for each calendar year of a total of amounts defined in section 5 (1)(a) of the Budget Implementation Act, 2003.

Department(s) specific:

006 - Finance (Department of)

23351

First Nation Goods and Services Tax - Calendar Year 2021

Description:

Department(s) specific:

006 - Finance (Department of)

23352

First Nation Goods and Services Tax - Calendar Year 2022

Description:

Department(s) specific:

006 - Finance (Department of)

23353

First Nation Goods and Services Tax - Calendar Year 2023

Description:

Department(s) specific:

006 - Finance (Department of)

23354

First Nation Goods and Services Tax - Calendar Year 2024

Description:

Department(s) specific:

006 - Finance (Department of)

23355

First Nation Goods and Services Tax - Calendar Year 2015

Description:

Department(s) specific:

006 - Finance (Department of)

23356

First Nation Goods and Services Tax - Calendar Year 2016

Description:

Department(s) specific:

006 - Finance (Department of)

23357

First Nation Goods and Services Tax - Calendar Year 2017

Description:

Department(s) specific:

006 - Finance (Department of)

23358

First Nation Goods and Services Tax - Calendar Year 2018

Description:

Department(s) specific:

006 - Finance (Department of)

23359

First Nation Goods and Services Tax - Calendar Year 2019

Description:

Department(s) specific:

006 - Finance (Department of)

2336

Provincial Tax Collection Agreements Accounts – Excise Duties and Taxes

23360

Coordinated Cannabis Taxation Agreements – Fiscal Year 2019-2020

Department(s) specific:

006 - Finance (Department of)

23361

Coordinated Cannabis Taxation Agreements – Fiscal Year 2020-2021

Department(s) specific:

006 - Finance (Department of)

23362

Coordinated Cannabis Taxation Agreements – Fiscal Year 2021-2022

Department(s) specific:

006 - Finance (Department of)

23363

Coordinated Cannabis Taxation Agreements – Fiscal Year 2022-2023

Department(s) specific:

006 - Finance (Department of)

23364

Coordinated Cannabis Taxation Agreements – Fiscal Year 2023-2024

Department(s) specific:

006 - Finance (Department of)

23365

Coordinated Cannabis Taxation Agreements – Fiscal Year 2024-2025

Department(s) specific:

006 - Finance (Department of)

23369

Coordinated Cannabis Taxation Agreements – Fiscal Year 2018-2019

Department(s) specific:

006 - Finance (Department of)

2337

Provincial Tax Collection Agreements Accounts – Excise Duties on Vaping Products

23375

Coordinated Vaping Taxation Agreements – Fiscal Year 2024-2025

Department(s) specific:

006 - Finance (Department of)

234

Other

2341

Major Accounts

23411

Payments in regard to Indian Land Claims

Department(s) specific:

042 - Department of Crown-Indigenous Relations and Northern Affairs

23413

Net Income Stabilization Account

Department(s) specific:

001 - Agriculture and Agri-Food (Department of)

23414

National Defence - Foreign Governments

Description:

This account is used by National Defense to record funds received from foreign governments, to cover expenditures to be made on their behalf, in accordance with the provisions of agreements with the Government of Canada.

Department(s) specific:

018 - National Defence (Department of)

23415

Communications Security Establishment - Foreign Governments

Description:

This account is used by Communications Security Establishment to record funds received from foreign governments, to cover expenditures to be made on their behalf, in accordance with the provisions of agreements with the Government of Canada.

Department(s) specific:

165 - Communications Security Establishment

23418

Funds on Deposit for Military Purchases

Department(s) specific:

097 - Receiver General

23419

Securities Held in Trust for Funds on Deposit for Military Purchases (Contra)

Department(s) specific:

097 - Receiver General

2343

Consolidated Crown Corporations

23431

Telefilm Canada - Advance Account

Department(s) specific:

037 - Telefilm Canada

23439

Other Consolidated Crown Corporations

Department(s) specific:

097 - Receiver General

2344

Other Specified Purpose Accounts

23441: Other Specified Purpose Accounts
23442: Other Specified Purpose Accounts (Contra)

2345

Deferred Revenue - Specified Purpose Accounts

23451: Deferred Revenue - Specified Purpose Accounts

24

Other Long-Term Liabilities

241

Accounts Payable for more than One Year

2411

Long-Term Accounts Payable

24111

Contractors Holdbacks

24112

Future Asset Restoration Liability

24113

Year-end Accruals - Disaster Financial Assistance

Department(s) specific:

088 - Public Safety and Emergency Preparedness (Department of)

24114

Liability for settled claims

24115

Accounts payable for work in progress to be paid at a future date

24119

Other Accounts Payable (to be defined)

2414

Environmental Liabilities

24141

Remediation Liabilities

24149

Other environmental liabilities

Department(s) specific:

018 - National Defence (Department of)

2415

Asset Retirement Obligation

24151: Asset Retirement Obligation
Description:
A legal obligation associated with the retirement of a tangible capital asset.

242

Capital Leases

2421

Capital Leases - Land, Buildings and Works

24211: Capital Leases - Land
24212: Capital Leases - Buildings
24213: Capital Leases - Works and Infrastructure

2422

Capital Leases - Machinery and Equipment

24221

Capital Leases - Machinery and Equipment

24222

Capital Leases - Computer Hardware

24223

Capital Leases - Computer Software

24224

Capital Leases - Arms and Weapons

Department(s) specific:

007 - Environment (Department of the)
018 - National Defence (Department of)
030 - Royal Canadian Mounted Police
053 - Correctional Service of Canada
086 - Fisheries and Oceans (Department of)
124 - Parks Canada Agency
130 - Canada Revenue Agency

24229

Capital Leases - Other Equipment Including Furniture

2423

Capital Leases - Vehicles

24231

Capital Leases - Ships and Boats

24232

Capital Leases - Aircraft

24233

Capital Leases - Motor Vehicles (Non - Military)

24234

Capital Leases - Military Vehicles

Department(s) specific:

018 - National Defence (Department of)
030 - Royal Canadian Mounted Police

24239

Capital Leases - Other Vehicles

243

Alternative Financing Arrangements

2431

Alternative Financing Arrangements (Public Private Partnerships)

24311

Obligations related to Alternative Financing Arrangements (Public Private Partnerships)

Department(s) specific:

018 - National Defence (Department of)
030 - Royal Canadian Mounted Police
055 - Office of the Communications Security Establishment Commissioner
127 - Public Works and Government Services (Department of)
142 - Office of Infrastructure of Canada
145 - Library and Archives of Canada
163 - Shared Services Canada
165 - Communications Security Establishment

25

Unmatured Debt

251

Unmatured Debt in Canadian Currency

2511

Marketable Bonds

25111

Marketable Bonds

Department(s) specific:

006 - Finance (Department of)

25112

Real Return Bonds

Department(s) specific:

006 - Finance (Department of)

2512

Canada Savings Bonds

25121

Canada Savings Bonds

Department(s) specific:

006 - Finance (Department of)

2513

Treasury Bills

25130

Treasury Bills

Department(s) specific:

006 - Finance (Department of)

2514

Special Non-Marketable Bonds Issued to Canada Pension Plan (CPP) Investment Fund

25140

Special Non-Marketable Bonds Issued to Canada Pension Plan (CPP) Investment Fund

Department(s) specific:

006 - Finance (Department of)

2515

Other Unmatured Debt in Canadian Currency

25151

Canada Health and Social Transfer (CHST) Supplementary Trust for Health Care

Department(s) specific:

006 - Finance (Department of)

25152

Medical Equipment Trust for Health Care

Department(s) specific:

006 - Finance (Department of)

25159

Other Unmatured Debt

Department(s) specific:

006 - Finance (Department of)

2516

Government Holdings of Unmatured Debt (CONTRA)

25160

Government Holdings of Unmatured Debt

Department(s) specific:

006 - Finance (Department of)

252

Unmatured Debt in Foreign Currency

2521

Marketable Bonds

25211

Marketable Bonds Payable in U.S. Dollars

Department(s) specific:

006 - Finance (Department of)

25212

Marketable Bonds Payable in Japanese Yen

Department(s) specific:

006 - Finance (Department of)

25213

Marketable Bonds Payable in Euro

Department(s) specific:

006 - Finance (Department of)

2522

Canada Bills

25220

Canada Bills

Department(s) specific:

006 - Finance (Department of)

2523

Canada Notes

25230

Canada Notes

Department(s) specific:

006 - Finance (Department of)

2524

Currency Swap Transactions

25241

Net Cross - currency SWAPs revaluation

Department(s) specific:

006 - Finance (Department of)

2528

Government's Holdings and Securities Held for the Retirement of Unmatured Debt

25281

Government's Holdings of Unmatured Debt

Department(s) specific:

006 - Finance (Department of)

25282

Securities Held for the Retirement of Unmatured Debt

Department(s) specific:

006 - Finance (Department of)

2529

Other Unmatured Debt in Foreign Currency

25291

Medium Term Notes

Department(s) specific:

006 - Finance (Department of)

253

Consolidated Crown Corporations and Other Entities

2531

Consolidated Crown Corporations and Other Entities

25311

Consolidated Crown Corporations and Other Entities - Unmatured Debt Held - Treasury Bill

Department(s) specific:

097 - Receiver General

25312

Consolidated Crown Corporations and Other Entities - Unmatured Debt Held - Marketable Bonds

Department(s) specific:

097 - Receiver General

254

Loans or Advances of Specified Purpose Accounts from the Government of Canada

2541

Loans or Advances of Specified Purpose Accounts

Note(s):

Debit side of these accounts are in 1336X.

25411

Loans of Employment Insurance Account

Department(s) specific:

014 - Employment and Social Development (Department of)

25412

Advances of Crop Re-Insurance Fund

Department(s) specific:

001 - Agriculture and Agri-Food (Department of)

25413

Advances to Agricultural Commodities Stabilization Account

Department(s) specific:

001 - Agriculture and Agri-Food (Department of)

26

Financial Liabilities

261

Financial Liabilities

2611

Derivative Liabilities

26111

Foreign currency forward contracts

Department(s) specific:

006 - Finance (Department of)

26112

Cross-currency swaps

Department(s) specific:

006 - Finance (Department of)

26113

Bank of Canada indemnity agreements

Department(s) specific:

006 - Finance (Department of)

26114

Other derivatives

Department(s) specific:

097 - Receiver General

27

Foreign Exchange Accounts

271

International Monetary Fund

2712

International Monetary Fund – Liabilities

27120

Special drawing rights allocations

Department(s) specific:

006 - Finance (Department of)

27122

Notes Payable

Department(s) specific:

006 - Finance (Department of)

Date modified:: 2024-11-18

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4.2 Financial reporting accounts: Liabilities—Detailed for 2024 to 2025