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

5

Expenses

51

Program Expenses

511

Transfer Payments

5111

Transfer Payments to or on Behalf of Individuals

51110

Fuel charge proceeds returned to individuals

51111

Old Age Security and Related Payments

51112

Employment Insurance Benefits

51114

Goods and Services Tax (GST) Credit to Persons

51115

Assistance to Encourage Employment

51116

Canada Student Loans or Grants

51117

Pensions to Veterans

51118

Payments to Native Peoples

51119

Other Transfers to Individuals

51120

Apprentice Loans Program

51211

Emergency Care and Support Benefit

51212

Emergency Student Benefit

51213

Canada Recovery Benefit (CRB) and Canada Worker Lockdown Benefit

51214

Canada Recovery Sickness Benefit (CRSB)

51215

Canada Recovery Caregiving Benefit (CRCB)

51216

Canadian Dental Benefit

5112

Transfer Payments to or on Behalf of Individuals Through the Tax System

51121

Children's Special Allowances

51122

Children Special Allowance Accrual

51123

Working Income Tax Benefit

51124

Refundable Medical Expense Supplement

51125

Child Tax Benefits Accrual

51126

Goods and Services Tax (GST) Credit to Persons Accrual

51127

Children's Fitness Tax Credit

51128

Universal Child Care Benefit

51129

Energy Cost Benefits

5112A

Other Transfer Payments to or on Behalf of Individuals Through the Tax System

5113

Transfer Payments to Other Levels of Government Within Canada ^{Note 31}

51130

Canada Health Transfer

51132

Equalization Payments

51133

Other Fiscal Arrangement Transfers by Dept of Finance

51134

Payments to Territorial Governments for Operating Expenditures

51135

Payments Made under Infrastructure Canada

51137

Quebec Abatement

51138

Canada Social Transfer

51139

Other Transfers to Other Levels of Government

5113A

Fuel and Excess Emission charge proceeds returned to other levels of government

5113B

Home Care and Mental Health Transfer

51140

Early Learning and Child Care Payments

5114

Transfer Payments to Other Levels of Government ^{Note 31}

51141

Other transfers to Other Levels of Government by Dept of Finance

51142

Gas Tax Fund Transfers

5115

Payments to Industry

51150

Fuel charge proceeds returned to Industry

51151

Payments to Agricultural Producers

51152

Industrial Development Payments

51155

Other payments to industry through the tax system

51156

Wage subsidy

51157

Loans from the Canada Emergency Business Account (CEBA)

51158

Rent subsidy

51159

Other Transfers to Industry

5115A

Other business supports to respond to COVID-19

5116

Payments to Other Countries and International Organizations

51161

International Development Assistance

51169

Other Transfers to Other Countries and International Organizations

5117

Payments to Organizations, Including Crown Corporations and Non - Profit Organizations

51171

Payments to or on Behalf of Native Peoples

51172

Consolidated Other Entities Expenses

51173

Consolidated Other Entities Expenses - Contra

51174

Other Transfers to Non-Profit Organizations - Contra

51175

Payments to Crown Corporations

51178

Transfer payments by Consolidated Foundations

51179

Other transfers to non-profit institutions and other organizations

5118

Foreign Exchange Gain/Loss

51180

Foreign Exchange Gain/Loss on Transfer Payments

5119

Payments to Other Sectors

51191

Payments to Consolidated Specified Purpose Accounts

51192

Provision for Loan Guarantees

51199

Other Transfers to any Other Sector

512

Crown Corporation and Other Entities Expenses

5129

Crown Corporation and Other Entities Expenses

51290

Consolidated Crown Corporation Expenses

51292

Consolidated Crown Corporation Expenses - Contra

51293

Consolidated other entities expenses

51294

Consolidated other entities expenses - Contra

513

Operating Expenses

5131

Personnel Operating Expenses

51311

Salaries and Wages (including Allowances) ^{Note 32}

51312

Employer Contribution Costs ^{Note 33}

51313

Other Superannuation Related Costs

51314

Pension and Similar Payments to Former Employees

51315

Pension Provision Adjustments

5132

Operating and Maintenance

51321

Operating Expenses ^{Note 34}

51325

Cost of Goods Sold for Inventories

514

Amortization Expenses

5140

Amortization Expenses on Leasehold Improvements

51401

Amortization Expenses on Leasehold Improvements

5141

Amortization Expenses on Capital Assets - Buildings and Works

51412

Amortization Expenses - Buildings

51413

Amortization Expenses - Works and Infrastructure

5142

Amortization Expenses on Capital Assets - Machinery and Equipment

51421

Amortization Expenses - Machinery and Equipment

51422

Amortization Expenses - Computer Hardware

51423

Amortization Expenses - Computer Purchased and Developed Software

51424

Amortization Expenses - Arms and Weapons

51429

Amortization Expenses - Other Equipment including Furniture

5143

Amortization Expenses on Vehicles

51431

Amortization Expenses - Ships and Boats

51432

Amortization Expenses - Aircraft

51433

Amortization Expenses - Motor Vehicles (Non - Military)

51434

Amortization Expenses - Military Vehicles

51439

Amortization Expenses - Other Vehicles

5144

Amortization Expenses on Purchased Intangible Assets

51444

Amortization Expenses on Purchased Intangible Assets

5146

Crown Corporation - Amortization Expenses on Tangible Capital Assets

51461

Crown Corporations - Amortization Expenses - All Categories

51462

Other Entities - Amortization Expenses - All Categories

515

Loss on Sale of Assets

5151

Loss on Sale or Other Disposal of Assets

51511

Loss on sale or other Disposal of Capital Assets

51512

Loss on Sale of Bullion and Coinage

51514

Losses on Sales of Real Property to Canada Lands Company

51515

Crown Corporation - Loss on Disposal of Tangible Capital Assets

51516

Other entities - Loss on Disposal of Tangible Capital Assets

51517

Loss on Sale Non-Capital Assets to Outside Parties

5152

Loss on Sale of Government Organizations

51521

Loss on Sale of Crown Corporations

51522

Loss on Sale of Departmental Organizations

51523

Loss on Sale of Joint and Mixed Enterprise

516

Consolidated Specified Purpose Account Expenditures

5161

Major Consolidated Specified Purpose Accounts Expenditures

51611

Administration Expenses - Employment Insurance Account

51613

Re - Insurance Amounts Paid to the Provinces

51614

Payments from Agricultural Commodities Stabilization Board Accounts

51615

Administration expenses - Employment Insurance Operating Account

51619

Other Accounts

5162

Insurance, Donation, Bequest Expenses and Other Payments

51621

Pollution Claims and Expenses from the Oil Pollution Fund

51622

Payments from Other Insurance Accounts

51626

Expenses - Fund for railway accidents involving designated goods

5163

Other Consolidated Specified Purpose Accounts

51631

Payments from Environmental Studies Research Fund

51633

Payments from Canadian Commercial Bank and Northland Bank Account

51634

Payments from Seized Property Proceeds Account

51635

Payments from Earmarked Fees and Other Levies

51636

Payments from New Parks and Historic Sites Account

51639

Other Payments

517

Other Program Expenses

5171

Investment Expenses

51711

Loss on Foreign Exchange

51712

Loss on Foreign Exchange Re-Valuations at Year-End

51719

Other Investment Expenses

5172

Miscellaneous Expenses

51721

Export Development Canada - Administration Charges

51722

Miscellaneous Special Payments, e.g. Court Awards ^{Note 35}

51724

Government Contingencies Account

51725

Suspense Account for Duplicate Payments

51726

Interest on Overdue Suppliers Accounts

51729

Other Miscellaneous Expenses

5173

Other Program Expenses for Accounting Purposes

51731

Provision for Valuation

51732

Bad Debt Expense

51733

Losses on Write-Offs and Write-Downs

51735

Amortization of Confederation Bridge

51736

Bad Debt - Employment Insurance

51737

Payments to other consolidated entities - Contra

51738

Bad Debt Expense – Phoenix salary overpayments

51739

Other Program Expenses for Accounting Purposes

5174

Payments to Enterprise Crown Corporations and Other Entities ^{Note 37}

51741

Export Development Canada

51742

Canada Post Corporation

51744

Canada Ports Corporation

51749

Other Payments to Enterprise Crown Corporations and Other Entities

51751

Canada Mortgage and Housing Corporation (Minister's Account) ^{Note 46}

5175

Payments to Consolidated Crown Corporations ^{Note 37}

51750

Payments to Consolidated Crown Corporations - Contra

51752

Canadian Broadcasting Corporation

51753

Telefilm Canada

51754

Marine Atlantic Inc.

51755

VIA Rail Canada Inc.

51756

International Development Research Centre

51757

National Capital Commission

51759

Other Payments to Consolidated Crown Corporations

51781

VIA HFR - VIA TGF Inc.

5176

Special Payments

51761

Fuel Rebate Program Payments

51762

Fuel Rebate Program Accrual Basis

5177

Bad Debt Expense - Tax Revenues

51771

Personal Income Taxes

51772

Corporate Income Taxes

51773

Goods and Sales Tax (GST)

51774

Excise Tax and Duties

51775

Energy Taxes

51776

Other Taxes

51777

Customs Duties and Taxes on Imports

51778

Source Deductions

51779

Non - Residents

5179

Interest Expense on Tax Refunds

51790

Interest Expense - Personal Income Taxes

51791

Interest Expense - Corporate Income Taxes

51792

Interest Expense - Non-Resident Taxes

51793

Interest Expense - Goods and Services Tax

51794

Interest Expense - Other Excise Taxes and Duties

51795

Interest Expense - Other Interest Paid on Tax Refunds

518

Distribution of Provision for Valuation Accounts

5181

Provision for Valuation for Transfer Payments to Other Levels of Government

51811

Canada Health and Social Transfer (CHST)

51812

Medical Care

51814

Fiscal Arrangements

51819

Provision for Valuation for Other Levels of Government - Other

5182

Provision for Valuation for Other Transfer Payments

51821

Accounts Payable - Employment Insurance (EI) Benefits

51822

Accounts Payable for Crop Reinsurance

51823

Valuation for Beef Plan - National Tripartite Stabilization Program (NTSP)

51824

Provision for claims and litigations - Indian Affairs and Northern Development

51825

Valuation for Other Payments to Persons

51826

Provision for veteran payments

51827

Provision for RCMP payments

51829

Provision for Valuation for all Other Transfer Payments

5183

Provision for Valuation for Crown Corporations

51831

Provision for Crown Corporations

51832

Provision for Crown Corporations (Contra)

5184

Provision for Personnel Expenses

51841

Personnel Expenses to Defence

51842

Personnel Expenses to All Other Departments

51843

Provision for Valuation for Interest on Pensions

51844

Provision for Severance Benefits - Military

51845

Personnel Expenses to RCMP

51846

Provision for Severance Benefits - Public Service

51847

Provision for Severance Benefits - RCMP Members

51848

Provision for Severance Benefits - Others

51849

Allowance for Termination Benefits - Departments

51881

Provision for Sick Leave Benefit Plan - Departments

5185

Provision for Valuation for Other Expenses

51851

Agriculture

51852

Defence

51853

Foreign Affairs, Trade and Development (Department of)

51854

Human Resources and Skills Development Canada (HRSDC)

51855

Industry and Regional Agencies

51856

Indian Affairs and Northern Development (IAND)

51857

Veterans Affairs

51859

Other Departments and Agencies

52

Public Debt Charges

521

Interest on Unmatured Debt

5211

Marketable Bonds

52111

Interest on marketable bonds in Canadian dollars

52112

Real Return Bonds

52113

Currency Swap Transactions

5212

Treasury Bills

52120

Treasury Bills

5213

Canada Savings Bonds

52130

Canada Savings Bonds

5214

Bonds for Canada Pension Plan

52140

Special Non-Marketable Bonds Issued to the Canada Pension Plan Investment Fund

5215

Interest on Other Securities in Canadian Funds

52151

Interest on Canadian Money Market

52152

Interest on Canada Health and Social Transfer (CHST) and Medical Equipment Trusts

52159

Interest on Other Securities in Canadian Funds

5216

Interest on Securities in Foreign Currencies

52162

Interest on Canada Notes

52163

Interest on Canada Bills

52164

Interest on marketable bonds in US dollars

52165

Interest on marketable bonds in Swiss Francs

52166

Interest on marketable bonds in Euros

52167

Interest on marketable bonds in Japanese Yen

52168

Interest on Medium-Term Notes

52169

Interest on marketable bonds - Other foreign currencies

522

Interest on Other Liabilities  ^{Note 38}

5221

Interest on Superannuation Accounts

52211

Interest on Public Service Superannuation Account

52212

Interest on Canadian Forces Superannuation Account

52213

Interest on Royal Canadian Mounted Police (RCMP) Superannuation Account

52214

Interest on Members of Parliament (MP) Retirement Allowance Account

52216

Interest on Supplementary Retirements Benefit Accounts (SRBA)

52217

Interest on Other Superannuation Accounts

52219

Interest on Other Pension Liability Accounts

5222

Interest on Retirement Compensation Allowance (RCA) Accounts

52221

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

52222

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

52223

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

52224

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

52225

Interest on Members of Parliament (MP) Retirement Compensation Arrangements (RCA) Account

5223

Interest Paid on Consolidated Specified Purpose Accounts

52231

Interest Paid to Employment Insurance (EI) Fund (Offset to 42611)

52232

Interest on Other Consolidated Specified Purpose Accounts (Offset to 42145)

5224

Interest on Other Non-Budgetary Accounts

52241

Interest on Canada Pension Plan Account

52242

Interest on Other Non-Budgetary Accounts

523

Interest Paid by Other Entities Within the Government ^{Note 39}

5231

INTEREST PAID BY CONSOLIDATED SPECIFIED PURPOSE ACCOUNTS

52311

Interest Paid by Employment Insurance (EI) Fund (Offset to 42141)

52319

Interest Paid by Other Consolidated Specified Purpose Accounts

5232

Interest Paid by Revolving Funds

52320

Interest paid by revolving funds

5233

Interest Paid by Non-Budgetary Funds and Accounts

52330

Interest Paid by Non-Budgetary Funds and Accounts

5239

Other Interest Paid

52390

Other Interest Paid

524

Other Public Debt Expenses

5241

Amortization of Discounts, Premiums and Commissions on Bonds

52411

Amortization of Discounts, and Premiums on Marketable Bonds

52412

Amortization of Commissions on Canada Savings Bonds

52415

Consumer Price Index adjustments on Real Return Bonds

52416

Amortization of Discounts, and Premiums on foreign bonds

52417

Amortization of Discounts, and Premiums on Real Return Bonds

5242

Servicing Costs and Costs of Issuing New Loans

52421

Servicing Costs

52422

Costs of Issuing New Loans

5249

Other

52491

Interest Component on Capital Lease Payments

52492

Interest Expense related to Alternative Financing Arrangements (Public Private Partnerships)

53

Actuarial Gains and Losses

531

Actuarial Gains and Losses

5311

Actuarial Gains and Losses

53110

Actuarial gains/losses on public sector pension and other employee and veteran future benefits