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Table 1: Sources of Respendable and Non-Respendable Revenue

 
Respendable Revenue
($ millions)
Program
Activity
Actual
2006-07
Actual
2007-08
2008-09
Main
Estimates
Planned
Revenue
Total
Authorities
Actual
 Economic and Fiscal Policy Framework
Sale of departmental documents 0.12 0.06 0.4 0.4 0.4 0.08
Total Respendable Revenue 0.12 0.0 0.4 0.4 0.4 0.08

 
Non-Respendable Revenue
($ millions)
Program
Activity
Actual
2006-07
Actual
2007-08
2008-09
Main
Estimates
Planned
Revenue
Total
Authorities
Actual
 Economic and Fiscal Policy Framework
Loans, Investments, and Advances
Canada Development Investment Corporation—Dividend 156.0 234.0 0.0 0.0 0.0 217.0
Financial Consumer Agency of Canada 0.17 0.13 0.0 0.0 0.0 0.07
 Other Accounts
Refunds of previous years’ expenditures—refund of salaries, goods, and services 0.02 0.09 0.0 0.0 0.0 0.16
Adjustments to prior year’s payables 0.22 0.85 0.0 0.0 0.0 0.69
Sales of goods and services—sale of other publications 0.12 0.06 0.0 0.0 0.0 0.08
Miscellaneous Non-Tax Revenues
Sale of real property to Canada Lands Company Limited 2.1 5.2 0.0 0.0 0.0 2.9
Mortgage interest premium 10.5 13.9 0.0 0.0 0.0 21.3
Sundries 0.2 0.01 0.0 0.0 0.0 0.1
  169.3 254.2 0.0 0.0 0.0 242.3
Transfer and Taxation Payment Program
Loans, Investments, and Advances
Federal-provincial fiscal arrangements 0.06 0.06 0.0 0.0 0.0 0.06
Municipal Development and Loan Board 0.17 0.0 0.0 0.0 0.0 0.0
International Monetary Fund—Poverty Reduction and Growth Facility 13.7 14.1 0.0 0.0 0.0 11.3
Other Fees and Charges—Fines, Penalties, and Forfeitures
Net gain on exchange 74.4 44.4 0.0 0.0 0.0 179.3
  0.17 58.6 0.0 0.0 0.0 190.7
Treasury and Financial Affairs
Cash and Accounts Receivable—Cash
Chartered banks 46.0 60.0 0.0 0.0 0.0 34.0
Short-term deposits 237.0 225.8 0.0 0.0 0.0 147.5
Receiver General balance at the Bank of Canada 68.2 74.8 0.0 0.0 0.0 165.2
Foreign Exchange Accounts
International reserves held in the Exchange Fund Account—transfer of profit 1,765.2 1,828.1 0.0 0.0 0.0 1,852.8
International Monetary Fund—subscriptions— transfer of profit 22.8 9.3 0.0 0.0 0.0 8.4
Loans, Investments, and Advances
Bank of Canada—transfer of profit 1,983.5 1,921.0 0.0 0.0 0.0 1,757.1
Interest Revenue—CMHC Loan 0.0 0.0 0.0 0.0 0.0 526.6
Interest Revenue—FCC Loan 20.0 0.0 0.0 0.0 0.0 168.5
Interest Revenue—BDC Loan 1.9 0.0 0.0 0.0 0.0 105.8
Other Fees and Charges—Fines, Penalties, and Forfeitures
Domestic coinage 226.8 203.6 0.0 0.0 0.0 179.3
Miscellaneous Non-Tax Revenues
Transfer from the following accounts which were unclaimed or outstanding for ten years or more—outstanding interest account—unclaimed cheques 25.9 30.1 0.0 0.0 0.0 30.1
Unclaimed balances received from Bank of Canada in respect of chartered banks 3.9 1.4 0.0 0.0 0.0 0.17
Transfer from matured debt outstanding 2.5 5.4 0.0 0.0 0.0 2.7
  4,381.8 4,381.4 0.0 0.0 0.0 4,969.1
Total Non-respendable Revenue1 4,639.5 4,694.4 0.0 0.0 0.0 5,402.1

1. Non-respendable revenue increased by $708 million in 2008–09 as a result of a $768 million increase in interest revenue earned from the advances to Canada Mortgage and Housing Corporation (CMHC),Farm Credit Canada (FCC), and the Business Development Bank of Canada (BDC). Slightly offsetting this increase was the net impact of the $164 million decrease in the Bank of Canada—transfer of profit item, and a $90 million increase in the Receiver General balance at the Bank of Canada item.

The decline in the Bank of Canada profits reflects lower average interest rates over the period on the Bank of Canada’s holdings of government securities. The increase in the Receiver General balance at the Bank of Canada is attributable to higher interest revenues reflecting higher average balances held at the Bank of Canada to meet increased government and Bank of Canada cash requirements.