4.2 Financial reporting accounts: Revenue—Summary 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: Revenue—Detailed for 2024 to 2025

4

Revenue

41

Tax Revenue

411

Income Tax Revenue

4111

Personal Income Tax

41111

Gross Source Deductions Received

41112

Gross Collections Received from Other Sources (excluding Interest and Penalties)

41113

Total Income Tax Assessed

41114

Refunds ^{Note 24}

41115

Transfers to Employment Insurance (EI) Account

41116

Transfers to Canada Pension Plan (CPP) Account

41117

Transfers to Provinces

41118

Estimated Accrued Revenue (from Source Deductions and Installments)

41119

Transfer of Old Age Security Recovery

4112

Corporate Income Tax

41121

Gross Collections (excluding Interest and Penalties)

41122

Refunds

41123

Transfers to Provinces

41124

Total Corporate Income Tax Assessed

41126

Significant Tax Refunds to Certain Industries

41128

Estimated Revenue Accrued from Instalments

4113

Non-Resident Income Taxes

41131

Non-Resident Tax - Gross Tax Received

41132

Non-Resident Tax - Refunds

41134

Non-Resident Tax Assessed

41138

Non-Resident Tax Estimated Revenue

4118

Other Income Taxes

41181

Other Income Taxes - Estimated Revenue Accrued

41182

Other Income Taxes - Assessed

4119

Miscellaneous Income Taxes

41191

Miscellaneous Income Tax - Gross Collections

41192

Miscellaneous Income Tax - Refunds

412

Employment Insurance Contribution Premiums

4121

Employment Insurance Contribution Premiums

41210

Employment Insurance Contribution Premiums

413

Excise Taxes

4131

Goods and Services Tax (GST) Including the Harmonized Sales Tax (HST) ^{Note 27}

41310

Total Goods and Services Tax (GST) / Harmonized Sales Tax (HST) Assessed

41311

Gross Goods and Services Tax (GST) / Harmonized Sales Tax (HST) Received (Net of ITCs)

41313

Rebates

41314

Refunds and Other Payments

41315

Refundable Advance Accounts (for Departmental Purchases) ^{Note 28}

41316

Government Tax Remission Order

41317

Transfers of Harmonized Sales Tax (HST) to Provinces

41318

Transfer of First Nations Sales Tax to Bands

41319

Rebates Assessed

4132

Sales Tax

41322

Sales Tax Refunds, Rebates and Drawbacks

4133

Excise Tax on Gasoline

41331

Excise Tax on Gasoline Received

41332

Excise Tax on Gasoline - Refunds, Rebates and Drawbacks

41335

Excise Tax on Gasoline - Assessed

4134

Excise Tax on Aviation Gas and Diesel Fuel

41341

Aviation Gas Tax Received

41342

Diesel Fuel Tax Received

41343

Aviation Gas and Diesel Fuel Tax Refunds, Rebates and Drawbacks

41345

Aviation Gas Tax Assessed

41346

Diesel Fuel Tax Assessed

4135

Petroleum and Gas Revenue Tax

41352

Petroleum and Gas Revenue Tax Refunds

4139

Other Excise Taxes

41391

Tax on Insurance Premiums

41392

Other Excise Taxes Received

41393

Other Excise Taxes Refunds, Rebates and Drawbacks

41395

Other Excise Taxes - Assessed

41396

Other Excise Taxes - Other Government Departments (OGD) Assessed

414

Excise Duties

4141

Tobacco Products

41413

Tobacco Products - Refunds, Rebates and Drawbacks of Duties

41415

Tobacco Products - Duties Assessed

4142

Beer and Liquor Products

41425

Beer and Liquor Products - Duties Assessed

4144

Cannabis products

41441

Cannabis products - Duties Assessed

4149

Other Excise Duties

41491

Other Excise Duties Received

41492

Other Excise Duties Refunds, Rebates and Drawbacks

41495

Other Excise Duties - Assessed

415

Customs Import Duties

4151

Customs Import Duties

41511

Customs Import Duties Received

41512

Customs Import Duties Refunds, Rebates and Drawbacks

41515

Customs Import Duties - Assessed

41516

Customs Import Duties - Other Government Departments (OGD) Assessed

416

Other Tax Revenue

4161

Other Taxes

41611

Other Taxes Received

41612

Other Taxes - Refunds, Rebates and Drawbacks

41615

Other Taxes Assessed

41616

Other Taxes Estimated Revenue Accrued

4164

Digital Services Tax

41641

Digital Services Tax

417

Air Travellers Security Charge

4171

Air Travellers Security Charge

41711

Air Travellers Security Charge - Received

41712

Air Travellers Security Charge - Refunds

41713

Air Travellers Security Charge - Assessed (accrual)

418

Softwood Lumber Charges

4181

Softwood Lumber Charges

41811

Softwood Lumber - Charges

41812

Softwood Lumber - Charge on Refunds of Duty Deposits

419

Luxury Tax

4191

Luxury Tax

41911

Luxury Tax

42

Other Revenue

421

Return on Investments (ROI)

4211

Return on Investments (ROI) from Enterprise Crown Corporations and Other Government Business Enterprises

42111

Bank of Canada

42112

Canada Deposit Insurance Corp

42113

Canada Mortgage and Housing Corporation

42114

Farm Credit Canada

42115

Export Development Canada

42116

Business Development Bank of Canada

42117

Canada Port Authorities

42118

Canada Housing Trust - Canada Mortgage Bond

42119

Other Enterprise Crown Corporation

4212

Other Returns on Investments (ROI) from Outside the Government

42121

National Governments, excluding Developing Countries

42122

Developing Countries

42123

Provinces and Territories

42124

Persons

42125

Export Trade Development

42126

Joint and Mixed Enterprises

42129

Other Returns on Investments (ROI) from Outside the Government

4213

Investment Income

42131

Exchange Fund Account

42132

Interest on Bank Deposits

42133

Premium on Foreign Exchange

42134

Premium on Foreign Exchange Re-Valuations at Year-End

42135

International Monetary Fund

4214

Return on Investments (ROI) from Within the Government

42141

Interest from Employment Insurance (EI) Fund (Offset to 52311)

42144

Interest from Agricultural Commodities Stabilization Accounts

42145

Interest from Other Consolidated Specified Purpose Accounts (offset to 52232)

42146

Interest from Other Specified Purpose Accounts

42148

Interest from Revolving Funds

42149

Other Return On Investments (ROI) from Other Departments

4215

Return on Investments (ROI) from Consolidated and Other Crown Coporations

42152

Return On Investments (ROI) from Consolidated Crown Corporations

42159

Return On Investments (ROI) from Any Other Crown Corporations

4216

Amortization of Discounts

42161

Amortization of Discounts

422

Consolidated Crown Corporation Revenue

4223

Telefilm Canada

42230

Telefilm Canada

4229

Crown Corporation Revenue

42290

Consolidated Crown Corporation Revenue

42291

Enterprise Crown Corporation Modified Equity - Share of Profit/Loss

42292

Consolidated Crown Corporation Revenue - Contra

423

Sales of Goods and Services

4231

Sales of Goods and Services

42311

Rights and Privileges

42312

Lease and Use of Public Property

42313

Services of a Regulatory Nature ^{Note 29}

42314

Services of a Non-Regulatory Nature ^{Note 29}

42315

Sales of Goods and Information Products

42319

Other Fees and Charges ^{Note 30}

42320

Services to other government departments

424

Gains on Sales of Assets

4241

Gain on Sale (or Other Disposal) of Assets

42411

Gain on Disposal of Capital Assets to Outside Parties

42412

Gain on Disposal of Non-Capital Assets to Outside Parties

42413

Gain on Sale of Real Property

42415

Gain on Sale of (Profit from) Bullion and Coinage

42416

Proceeds for losses and damages to asset

42417

Gain on sales of Real Property to Canada Lands Company

42418

Other Entities - Gain on Disposal of Tangible Capital Assets

42419

Crown Corporation - Gain on Disposal of Tangible Capital Assets

4242

Gain on Sale of Government Organizations

42421

Gain on Sale of Crown Corporations

42422

Gain on Sale of Departmental Organizations

42423

Gain on Sale of Joint and Mixed Enterprises

425

Interest and Penalties Earned on Revenue

4251

Interest and Penalties on Income Tax Revenue

42511

Personal Income Taxes

42512

Corporate Income Taxes

42513

Non-Resident Taxes

42514

Source Deductions

4252

Interest and Penalties on Other Tax Revenue

42521

Goods and Services Tax

42522

Energy Taxes

42523

Customs Import Duties

42524

Other Excise Taxes

42525

Employment Insurance (EI) Contributions

42526

Excise Duties

42527

Air Travellers Security Charge - Interest and Penalties

42529

Other Taxes

4253

Interest Paid on Tax Refunds

42531

Personal Income Taxes

42532

Corporate Income Taxes

42533

Non-Resident Taxes

42534

Goods and Services Tax

42535

Other Excise Taxes and Duties

42536

Employment Insurance Contributions

42539

Other Interest Paid on Tax Refunds

4254

Interest on Other Revenue

42541

Interest on Overdue Accounts Receivable

42549

Interest on Other Revenue

426

Revenue on Consolidated Specified Purpose Accounts Revenues

4261

Major Consolidated Specified Purpose Accounts Revenues

42611

Interest on Employment Insurance Account from Government of Canada

42612

Other Receipts to the Employment Insurance Account

42613

Re-Insurance Revenues from Provinces

42614

Levies and Other Fees under the Agricultural Commodities Stabilization Board Accounts

42615

Other Amounts Received from the Government of Canada

42617

Other receipts to the Employment Insurance Operating Account

42619

Other Accounts

4262

Insurance, Donation and Bequest Revenues

42621

Tonnage Levies on Oil Carriers for the Ship - Source Oil Pollution Fund

42622

Premiums and Other Receipts to Other Insurance Accounts

42624

Donations and Bequests to Endowment Accounts

42626

Revenues - Fund for railway accidents involving designated goods

4263

Other Consolidated Specified Purpose Accounts

42631

Receipts to Environmental Studies Research Fund

42633

Receipts to Canadian Commercial Bank and Northland Bank Account

42634

Receipts to Seized Property Proceeds Account

42635

Fees and Other Levies under Court Awards

42636

Receipts to New Parks and Historic Sites Account

42639

Other Receipts

427

Other Revenue

4271

Miscellaneous

42710

Miscellaneous Revenues from Other Consolidated Entities - Contra

42711

Revenue from Fines

42712

Gifts to the Crown

42713

Revenue from Seized Property

42714

Revenue from Enterprise Crown Corporations ^{Note 46}

42715

Consolidated Other Entities Revenues

42716

Consolidated Other Entities Revenues - Contra

42717

Pension Contributions Credited to Revenue

42718

Miscellaneous Revenue from Payroll Deductions

42719

Miscellaneous

4272

Donation and Bequest Revenues

42723

Donations to Canadian Institutes of Health Research

42724

Interest on Endowment Donations and Bequests

42725

Donations and Bequests to Other Accounts

4273

Other Revenue for Accounting Purposes

42732

Gains on Foreign Exchange Revaluations at Year - End

42733

Other Gains on Foreign Exchange Valuations

42734

Revenue from Joint Project and Cost Sharing Agreements

42735

Gain on Change in Lease Terms

4274

Other Revenue for Consolidated Crown Corporations

42741

Old Port of Montreal Corporation

42748

Other Consolidated Crown Corporations - Contra

42749

Other Consolidated Crown Corporations

4275

Foreign Exchange Gain/Loss

42751

Foreign Exchange Gain/Loss on the Exchange Fund Account

42752

Foreign Exchange Gain/Loss Related to the Position with the International Monetary Fund

42753

Foreign Exchange Gain/Loss on Unmatured Debt

42754

Foreign Exchange Gain/Loss on Currency Swap Revaluations

42755

Foreign Exchange Gain/Loss on Sovereign Loans

42756

Foreign Exchange Gain/Loss - Other

42757

Interest on Subscriptions to the International Monetary Fund (IMF)

4276

Clearing Accounts for Collection of Respendable Revenue Amounts

42761

Respendable Revenue Clearing

4278

Fuel and Excess Emission Charges

42780

Fuel and Excess Emission Charges Assessed