Unmatured debt

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Pensions and other future benefits
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Unmatured debt represents financial obligations resulting from certificates of indebtedness issued by the Government of Canada that have not yet become due, cross-currency swap revaluation and unamortized discounts and premiums on market debt, obligations related to capital leases and other unmatured debt.

The Government's holdings of its own securities have been deducted from unmatured debt, to report the amount of the Government's liabilities to outside parties.

Marketable Bonds

Marketable bonds are interest-bearing certificates of indebtedness issued by the Government of Canada, and have the following characteristics:

bought and sold on the open market;
payable in Canadian or foreign currency;
subject to redemption before maturity;
fixed dates of maturity;
interest payable either in coupon or registered form; and,
face value guaranteed at maturity.

Registered marketable bonds are transferable by endorsement and delivery by one holder to another. Bearer marketable bonds need not be endorsed.

Table 6.2 presents a summary of the balances and transactions for marketable bonds.

The year-end balances of marketable bonds payable in foreign currencies were translated into Canadian dollars using the closing rates of exchange at March 31, 2012.

Table Summary

The table presents a summary of transactions and balances of marketable bonds for the current fiscal year. It consists of 5 columns: a listing of matured and maturing bonds payable in Canadian and foreign currency; the opening balance for the accounts as at April 1, 2011; Receipts and other credits¹; Payments and other charges¹; the closing balance for the accounts as at March 31, 2012. The first series of lines lists matured and maturing marketable bonds payable in Canadian currency minus Government's holdings and consolidation adjustments, another presents the total marketable bonds payable in Canadian currency. The second series of lines lists maturing marketable bonds payable in foreign currency minus Government's holdings and consolidation adjustments, another presents the total marketable bonds payable in foreign currency. A final line presents the total for this table.

**TABLE 6.2**
MARKETABLE BONDS
	April 1/2011 ($)	Receipts and other credits¹ ($)	Payments and other charges¹ ($)	March 31/2012 ($)
Payable in Canadian currency—
Matured 2011-2012	41,466,841,000		41,466,841,000
Maturing 2012-2013	74,200,094,000		20,139,540,000	54,060,554,000
2013-2014	43,008,117,000	33,113,857,000	3,896,860,000	72,225,114,000
2014-2015	38,304,033,000	28,866,636,000	485,000,000	66,685,669,000
2015-2016	30,941,559,000			30,941,559,000
2016-2017	20,057,400,000	21,000,000,000		41,057,400,000
2017-2018	10,342,526,000			10,342,526,000
2018-2019	10,622,764,000			10,622,764,000
2019-2020	17,650,000,000			17,650,000,000
2020-2021	13,667,361,000			13,667,361,000
2021-2022	16,623,525,074	2,680,243,603		19,303,768,677
2022-2023	206,022,000	7,500,000,000		7,706,022,000
2023-2024	3,757,121,000		1,258,569,000	2,498,552,000
2025-2026	3,075,345,000		406,589,000	2,668,756,000
2026-2027	7,041,209,003	172,969,140		7,214,178,143
2027-2028	6,226,435,000		1,497,613,000	4,728,822,000
2029-2030	12,665,469,000		257,000,000	12,408,469,000
2031-2032	7,476,091,492	183,652,141		7,659,743,633
2033-2034	13,410,295,000		138,000,000	13,272,295,000
2036-2037	6,690,578,378	164,355,807		6,854,934,185
2037-2038	13,999,089,000			13,999,089,000
2041-2042	22,737,035,345	170,410,086		22,907,445,431
2044-2045	2,241,684,290	2,351,819,412		4,593,503,702
2045-2046		4,700,000,000		4,700,000,000
Total	416,410,594,582	100,903,943,189	69,546,012,000	447,768,525,771
Less:
Government's holdings²	573,900,000	37,030,022,000	36,456,122,000
Consolidation adjustment³	(243,404,000)	128,277,000		(371,681,000)
Total	330,496,000	37,158,299,000	36,456,122,000	(371,681,000)
Total marketable bonds payable in Canadian currency	416,080,098,582	138,062,242,189	106,002,134,000	448,140,206,771
Payable in foreign currencies—
Maturing 2014-2015	2,908,800,000	83,700,000		2,992,500,000
2016-2017	32,233,382	2,998,227,508	4,800,000	3,025,660,890
2018-2019	15,591,168	448,632		16,039,800
2019-2020	2,751,993,600	97,650	87,800,000	2,664,291,250
Total	5,708,618,150	3,082,473,790	92,600,000	8,698,491,940
Less: Government's holdings and securities held for the retirement of unmatured debt⁴	52,653,122	1,382,847	2,808,807	54,079,082
Total marketable bonds payable in foreign currencies	5,655,965,028	3,083,856,637	95,408,807	8,644,412,858
Total	421,736,063,610	141,146,098,826	106,097,542,807	456,784,619,629

Treasury Bills

Treasury bills are short-term certificates of indebtedness issued by the Government of Canada to pay sums of money on given dates, and have the following characteristics:

issued at a discount in lieu of interest payments;
issued in Canadian currency only;
issued every 2 weeks;
common terms: 3 months, 6 months and 12 months;
transferable; and,
bought and sold on the open market.

The balance at March 31, 2012 consists of $7,200 million in odd issue bills; $49,400 million in three-month bills; $32,500 million in six-month bills; and, $74,300 million in 364-day bills.

Table 6.3 presents a summary of Treasury bill issues and redemptions.

Table Summary

The table presents a summary of Treasury bill issues and redemptions for the current fiscal year. It consists of 5 columns: a listing of types of bills; the opening balance for the accounts as at April 1, 2011; Receipts and other credits; Payments and other charges; the closing balance for the accounts as at March 31, 2012. The lines list and total the types of bills, minus Government's holdings and consolidation adjustments. A final line presents the total for this table.

**TABLE 6.3**
TREASURY BILLS
	April 1/2011 ($)	Receipts and other credits ($)	Payments and other charges ($)	March 31/2012 ($)
Three-month bills	47,300,000,000	196,900,000,000	194,800,000,000	49,400,000,000
Six-month bills	33,200,000,000	74,300,000,000	75,000,000,000	32,500,000,000
Other bills	82,500,000,000	156,200,000,000	157,200,000,000	81,500,000,000
Total	163,000,000,000	427,400,000,000	427,000,000,000	163,400,000,000
Less: Government's holdings— Consolidation adjustment⁵	20,491,000		158,614,000	179,105,000
Total	162,979,509,000	427,400,000,000	427,158,614,000	163,220,895,000

Retail Debt

Retail debt includes Canada Savings Bonds and Canada Premium Bonds which are interest-bearing certificates of indebtedness issued by the Government of Canada, and have the following characteristics:

issued to Canadian residents;
issued in Canadian currency only;
registered in the name of the holder;
fixed dates of maturity;
not marketable;
not subject to call before maturity;
term to maturity of seven years or more;
Canada Savings Bonds are redeemable on demand by the holder, with accrued interest calculated to the end of the previous month (no interest is paid if redeemed during the first 3 months following the date of issue); and,
Canada Premium Bonds are redeemable in full or partially on any annual anniversary of the issue date and during the 30 days thereafter by the holder, with accrued interest if applicable.

Table 6.4 presents a summary of the balances and transactions for Canada Savings Bonds and Canada Premium Bonds.

Table Summary

The table presents a summary of transactions and balances for Canada Saving Bonds and Canada Premium Bonds for the current fiscal year. It consists of 5 columns: a listing of matured and maturing bonds; the opening balance for the accounts as at April 1, 2011; Receipts and other credits; Payments and other charges; the closing balance for the accounts as at March 31, 2012. The first series of lines lists matured and maturing Canada Saving Bonds, another presents the total for this series.The second series of lines lists matured and maturing Canada Premium Bonds, another presents the total for this series. A final line presents the total for this table.

**TABLE 6.4**
RETAIL DEBT
	April 1/2011 ($)	Receipts and other credits ($)	Payments and other charges ($)	March 31/2012 ($)
Canada Savings Bonds—
Matured 2011-2012	199,968,495		199,968,495
Maturing 2012-2013	235,047,420		32,486,146	202,561,274
2013-2014⁶	328,451,686		45,787,446	282,664,240
2014-2015⁷	437,524,853		64,798,295	372,726,558
2015-2016⁸	425,622,914		65,761,056	359,861,858
2016-2017⁹	583,264,383		96,650,392	486,613,991
2017-2018¹⁰	1,053,605,978		187,040,872	866,565,106
2018-2019¹¹	1,254,261,901		269,052,994	985,208,907
2019-2020¹²	808,851,699		282,223,616	526,628,083
2020-2021¹³	631,447,805	902,781,160	834,905,969	699,322,996
2021-2022		686,557,743	81,188,289	605,369,454
Total	5,958,047,134	1,589,338,903	2,159,863,570	5,387,522,467
Canada Premium Bonds—
Matured 2011-2012	464,555,888		464,555,888
Maturing 2012-2013	891,744,685	390	68,088,313	823,656,762
2013-2014	741,644,012		61,608,065	680,035,947
2014-2015	218,545,047		13,921,806	204,623,241
2015-2016	153,930,417		9,838,519	144,091,898
2016-2017	149,172,082		9,223,205	139,948,877
2017-2018	132,800,802		8,695,724	124,105,078
2018-2019 ¹¹	782,780,400		128,669,339	654,111,061
2019-2020¹²	427,875,304		41,281,392	386,593,912
2020-2021¹³	220,402,857		20,525,414	199,877,443
2021-2022		180,905,537	3,476,144	177,429,393
Total	4,183,451,494	180,905,927	829,883,809	3,534,473,612
Total	10,141,498,628	1,770,244,830	2,989,747,379	8,921,996,079

Bonds for Canada Pension Plan

Bonds for Canada Pension Plan are interest-bearing certificates of indebtedness issued by the Government of Canada exclusively to the Canada Pension Plan (CPP) Investment Board and have the following characteristics:

not negotiable;
not transferable;
not assignable;
issued in Canadian currency only;
term to maturity of 20 years or less;
interest payable semi-annually; and,
redeemable at face value plus accrued interest.

Table 6.5 presents a summary of the balances and transactions for these bonds.

Table Summary

The table presents a summary of transactions and balances for bonds for Canada Pension Plan for the current fiscal year. It consists of 5 columns: a listing of matured and maturing bonds; the opening balance for the accounts as at April 1, 2011; Receipts and other credits; Payments and other charges; the closing balance for the accounts as at March 31, 2012. A line presents matured and maturing bonds for the Canada pension plan and a final line presents the total for this table.

**TABLE 6.5**
BONDS FOR CANADA PENSION PLAN
	April 1/2011 ($)	Receipts and other credits ($)	Payments and other charges ($)	March 31/2012 ($)
Matured 2011-2012	15,763,000		15,763,000
Maturing 2012-2013	11,118,000			11,118,000
Total	26,881,000		15,763,000	11,118,000

Canada Bills

Canada bills are short-term certificates of indebtedness issued by the Government of Canada in the United States money market under the Government's foreign currency borrowing program. Canada bills provide Canada with an additional source of short-term US funds and have the following characteristics:

issued at a discount in lieu of interest payments;
term to maturity of not more than 270 days;
transferable; and,
bought and sold on the open market.

The year-end balance of Canada bills payable in US dollars was translated into Canadian dollars using the closing rate of exchange at March 31, 2012.

Table 6.6 presents a summary of Canada bill issues and redemptions.

Table Summary

The table presents a summary of Canada bill issues and redemptions for the current fiscal year. It consists of 5 columns: a listing of relevant transactions; the opening balance for the accounts as at April 1, 2011; Receipts and other credits; Payments and other charges; the closing balance for the accounts as at March 31, 2012. A line presents issuance and redemption transactions. A final line presents the total for this table.

**TABLE 6.6**
CANADA BILLS
	April 1/2011 ($)	Receipts and other credits ($)	Payments and other charges ($)	March 31/2012 ($)
Canada bills before revaluation	1,919,761,812	9,659,040,213	9,533,166,990	2,045,635,035
Exchange valuation adjustment	52,340,594		27,114,756	25,225,838
Total	1,972,102,406	9,659,040,213	9,560,281,746	2,070,860,873

Cross-currency Swap Revaluation

This represents the unrealized gains or losses due to fluctuations in the foreign exchange value of the cross-currency swaps.

Unamortized Discounts and Premiums on Market Debt

The unamortized discounts and premiums on market debt have the following characteristics:

unamortized discounts on Canada bills records the portion of the discounts on outstanding Canada bills which has not yet been charged to expenses. Discounts are amortized over the life of the bills;
unamortized discounts on Treasury bills records the portion of the discounts on outstanding Treasury bills which has not yet been charged to expenses. Discounts are amortized over the life of the bills; and,
unamortized discounts and premiums on marketable bonds records the portion of the discounts and premiums on outstanding marketable bonds which has not yet been charged to expenses. Discounts and premiums are amortized over the life of the bonds.

Table 6.7 presents a summary of the balances and transactions for the unamortized discounts and premiums on market debt.

Table Summary

The table presents a summary of transactions and balances for the unamortized discounts and premiums on market debt for the current fiscal year. It consists of 5 columns: a listing of the affected markets; the opening balance for the accounts as at April 1, 2011; Receipts and other credits; Payments and other charges; the closing balance for the accounts as at March 31, 2012. A line presents the market and a final line presents the total for this table.

**TABLE 6.7**
UNAMORTIZED DISCOUNTS AND PREMIUMS ON MARKET DEBT
	April 1/2011 ($)	Receipts and other credits ($)	Payments and other charges ($)	March 31/2012 ($)
Unamortized discounts on Canada Bills	(369,510)	1,815,070	1,793,450	(347,890)
Unamortized discounts on Treasury Bills	(625,505,314)	1,744,747,757	1,630,922,273	(511,679,830)
Unamortized discounts and premiums on marketable bonds	(3,859,075,967)	2,531,694,107	2,456,153,452	(3,783,535,312)
Total	(4,484,950,791)	4,278,256,934	4,088,869,175	(4,295,563,032)

Interest Rates

Table 6.8 sets out market debt as at March 31, for each of the years 2007-2008 to 2011-2012 inclusively, with the average rate of interest thereon. For purposes of comparison, market debt is classified as Marketable bonds, Treasury bills, Retail debt, Bonds for Canada Pension Plan, Canada bills and Foreign currency notes.

Table Summary

The table presents in millions of dollars, the interest on market debt as at March 31 for fiscal years 2007-2009 to 2011-2012 inclusively, with the average rate of interest thereon. It consists of 8 columns: a fiscal year listing in reverse chronological order; Marketable bonds; Treasury bills; Retail debt; Bonds for Canada Pension Plan; Canada bills; Foreign currency notes; Total market debt; each sub-divided into the same 2 columns – Amount outstanding by $ (millions), and Average rate of interest by %. A line presents the fiscal year.

**TABLE 6.8**
MARKET DEBT AS AT MARCH 31, FROM 2008 TO 2012, WITH THE AVERAGE RATE OF INTEREST THEREON
	Amount outstanding ($)(millions)	Average interest rate (%)	Amount outstanding ($)(millions)	Average interest rate (%)	Amount outstanding ($)(millions)	Average interest rate (%)	Amount outstanding ($)(millions)	Average interest rate (%)	Amount outstanding ($)(millions)	Average interest rate (%)	Amount outstanding ($)(millions)	Average interest rate (%)	Amount outstanding ($)(millions)	Average interest rate (%)
	Marketable bonds		Treasury bills		Retail debt		Bonds for Canada Pension Plan		Canada bills		Foreign currency notes		Total market debt
2012	456,784	3.30	163,221	0.99	8,922	0.81	11	9.37	2,071	0.07			631,009	2.65
2011	421,736	3.55	162,980	1.12	10,141	1.10	27	9.69	1,972	0.15			596,856	2.83
2010	373,752	3.85	175,849	0.40	11,855	1.32	452	11.19	2,453	0.13			564,361	2.71
2009	295,184	4.53	192,275	1.34	12,532	2.32	523	11.03	8,707	0.64	1,676	4.50	510,897	3.21
2008	259,429	5.08	116,936	3.60	13,068	3.50	1,042	10.62	1,483	2.59	2,136	3.87	394,094	4.61
Note: The interest rate in effect at March 31 is used where various rates of interest are applicable.

Table 6.9 shows the average high and low yields of Treasury bills, at tender, together with the average yield on the latest issues for the years 2007-2008 to 2011-2012 inclusively.

Table Summary

The table presents the average high and low yields of Treasury bills, at tender, together with the average yield on the latest issue for the last 5 years. It consists of 4 columns: a fiscal year listing in reverse chronological order for different types of bills for Year ended March 31; High by %; Low by %; Last issue by %. A line presents the type of bill, followed by the related fiscal years.

**TABLE 6.9**
TREASURY BILLS AVERAGE YIELDS AT TENDER
Year ended March 31	High (%)	Low (%)	Last issue (%)
Three-month bills—
2012	0.98	0.82	0.93
2011	1.01	0.29	0.92
2010	0.42	0.17	0.23
2009	2.83	0.46	0.46
2008	4.61	2.03	2.03
Six-month bills—
2012	1.14	0.88	1.02
2011	1.17	0.47	1.08
2010	0.52	0.26	0.35
2009	3.09	0.56	0.56
2008	4.70	2.29	2.29
364 days bills—
2012	1.47	0.85	1.10
2011	1.46	0.95	1.34
2010	0.77	0.46	0.77
2009	3.30	0.68	0.68
2008	4.78	2.34	2.34
Other bills—
2012	1.00	0.82	0.97
2011	0.99	0.17	0.97
2010	0.25	0.18	0.24
2009	3.39	0.84	0.84
2008	4.47	2.20	3.06

Maturity of Government Debt

Table 6.10 presents total market debt arranged in order of maturity.

Table Summary

The table presents the total market debt arranged in order of maturity. It consists of 8 columns: a fiscal year listing in reverse chronological order of maturity; Marketable bonds; Treasury bills; Retail debt; Bonds for Canada Pension Plan; Canada bills; Foreign currency notes; Total market debt; each sub-divided into the same 2 columns – Amount by $ (millions), and Average rate of interest by %. A line presents the related fiscal years, another presents the total minus a line for Government's holdings and the consolidation adjustment. A final line presents the total for this table.

**TABLE 6.10**
MATURITY OF GOVERNMENT DEBT
	Amount ($)(millions)	Average interest rate (%)	Amount ($)(millions)	Average interest rate (%)	Amount ($)(millions)	Average interest rate (%)	Amount ($)(millions)	Average interest rate (%)	Amount ($)(millions)	Average interest rate (%)	Amount ($)(millions)	Amount ($)(millions)	Average interest rate (%)
	Marketable bonds		Treasury bills		Retail debt		Bonds for Canada Pension Plan		Canada bills		Foreign currency notes	Total market debt
2013	54,061	2.43	163,400	0.99	1,026	1.22	11	9.37	2,071	0.07		220,569	1.34
2014	72,225	2.53			963	0.86						73,188	2.51
2015	69,678	2.33			577	0.83						70,255	2.32
2016	30,942	3.47			504	0.65						31,446	3.42
2017	44,083	2.95			627	0.79						44,710	2.92
2018/22	74,267	3.85			5,225	0.73						79,492	3.65
2023/27	20,087	4.84										20,087	4.84
2028/32	24,797	5.64										24,797	5.64
2033/37	20,127	4.81										20,127	4.81
2038/42	36,906	3.99										36,906	3.99
2043/47	9,293	2.51										9,293	2.51
Total	456,466	3.30	163,400	0.99	8,922	0.81	11	9.37	2,071	0.07		630,870	2.65
Less: Government's holdings and consolidation adjustment¹⁴	(318)	6.47	179									(139)	6.47
Total	456,784	3.30	163,221	0.99	8,922	0.81	11	9.37	2,071	0.07		631,009	2.65
Note: This table includes unmatured debt issued by the Government of Canada. Borrowings of agent enterprise Crown corporations which are unconditional obligations of the Government, but not included in unmatured debt, can be found in Table 6.11.

Statement of all Borrowing Transactions on behalf of Her Majesty

Table 6.11 presents information on the Government's borrowing transactions. Included in this table are: borrowings by the Government for general purposes, and borrowings by agent enterprise Crown corporations. Borrowings by non-agent enterprise Crown corporations and other government business enterprises are not included because such borrowings are not on behalf of Her Majesty.

Table Summary

The table provides information on the Government's borrowings transactions. It consists of 5 columns: a listing of borrowing transactions; the opening balance for the accounts as at April 1/2011; Issues/Borrowings; Retirements; the closing balance for the accounts as at March 31/2012. A line presents the transactions and total, another line presents transactions specific to enterprise Crown corporations. A final line presents the total for this table.

**TABLE 6.11**
STATEMENT OF ALL BORROWING TRANSACTIONS ON BEHALF OF HER MAJESTY

(in millions of dollars)
	April 1/2011 ($)	Issues/Borrowings ($)	Retirements ($)	March 31/2012 ($)
Market debt of the Government of Canada¹⁵	596,856	579,975	545,822	631,009
Cross-currency swap revaluation	(5,091)		(643)	(4,448)
Unamortized discounts and premiums on market debt¹⁵	(4,485)	4,278	4,089	(4,296)
Obligation related to capital leases¹⁵	3,685	211	263	3,633
Other unmatured debt	190	263		453
Total	591,155	584,727	549,531	626,351
Borrowings of enterprise Crown corporations designated as agents of Her Majesty	227,642	74,145	59,459	242,328
Total	818,797	658,872	608,990	868,679

Obligation related to capital leases

A capital lease is a lease that transfers substantially all the benefits and risks inherent in ownership of the asset to the lessee. The net obligation related to capital leases represents the present values of the remaining minimum lease payments under the capital lease arrangements

Table 6.12 presents the obligation related to capital lease agreements by asset type.

Table Summary

The table presents the obligation related to capital lease agreements by asset type. It consists of 4 columns: a listing of asset types; the opening balance for the accounts as at April 1/2011; Net changes; the closing balance for the accounts as at March 31/2012. A line presents the asset types. A final line presents the total for this table.

**TABLE 6.12**
OBLIGATION RELATED TO CAPITAL LEASES
	April 1/2011 ($)	Net changes ($)	March 31/2012 ($)
Land	8,332,274	(602,161)	7,730,113
Buildings	2,563,528,180	10,674,780	2,574,202,960
Works and infrastructure	605,470,877	(17,608,845)	587,862,032
Machinery and equipment	27,816,069	9,551,513	37,367,582
Vehicles	480,057,055	(53,877,477)	426,179,578
Total	3,685,204,455	(51,862,190)	3,633,342,265

Capital Leases

Table 6.13 provides details of obligation under capital lease arrangements.

Table Summary

The table presents details of obligations related to capital leases. It consists of 5 columns: a detailed listing of obligations by department; the Inception date; Lease term in years; Discount rate (%)¹⁶; Balances at Marche 31, 2012 divided into 3 columns – Total estimated remaining minimum lease payments, Less: imputed interest using the discount rate, and Net obligations under capital lease arrangements. The first series of lines lists departments and relevant obligations, another presents the total of the balances at March 31, 2012. The second series of lines lists the consolidated Crown corporations and other entities and relevant obligations, another presents the total of the balances at March 31, 2012. A final line presents the total for this table.

**TABLE 6.13**
DETAILS OF OBLIGATION RELATED TO CAPITAL LEASES

(in thousands of dollars)
	Inception date	Lease term in years	Discount rate (%)¹⁶	Total estimated remaining minimum lease payments	Less: imputed interest using the discount rate	Net obligations under capital lease arrangements
	Inception date	Lease term in years	Discount rate (%)¹⁶	Balances at March 31, 2012
Canadian Heritage—
National Film Board—
Spirit 4K Film Scanner and DataCine	July 2008	5	8.00	279	6	273
Other capital leases less than $1,000,000				186	12	174
Total				465	18	447
Environment—
Carleton University, Ottawa - National Wildlife Research Centre	May 2002	25	5.63	19,500	6,563	12,937
National Defence—
Longue Pointe Supply Depot	Nov 1994	35	7.64	59,536	26,853	32,683
Edmonton Armoury - North	Dec 2000	20	5.62	12,261	2,572	9,689
Edmonton Armoury - South	May 2001	20	6.07	19,305	4,359	14,946
Shawinigan Armoury	May 1999	20	5.46	3,971	687	3,284
Milit-Air (NFTC)	Dec 1999	20	5.78	471,799	93,259	378,540
Milit-Air (NFTC)	Oct 2003	17	5.87	61,190	13,551	47,639
Montfort Hospital - Health Services	Oct 2003	17	5.26	60,843	15,119	45,724
Total				688,905	156,400	532,505
Natural Resources—
183 Longwood Drive, Hamilton	Nov 2010	25	3.45	111,421	35,285	76,136
Parliament—
House of Commons—
Speed Master - Heidelberg	Feb 2011	5	5.25	1,564	153	1,411
Other capital leases less than $1,000,000				2,058	167	1,891
Total				3,622	320	3,302
Public Safety and Emergency Preparedness—
Royal Canadian Mounted Police—
RCMP Detachment, Cornwall	Aug 2009	25	5.54	25,690	10,994	14,696
Public Works and Government Services—
1 Arctic Road, Inuvik	March 2008	10	10.73	1,030	273	757
101 Frederick Street, Kitchener (Lease 1 of 2)	July 2010	5	2.98	705	34	671
101 Frederick Street, Kitchener (Lease 2 of 2)	July 2010	5	7.66	1,382	162	1,220
110 O'Connor Street, Ottawa (Lease 1 of 6)	April 2009	10	5.70	4,045	716	3,329
110 O'Connor Street, Ottawa (Lease 2 of 6)	April 2009	10	5.43	3,970	673	3,297
110 O'Connor Street, Ottawa (Lease 3 of 6)	Dec 2009	10	5.43	7,244	1,329	5,915
110 O'Connor Street, Ottawa (Lease 4 of 6)	Dec 2009	10	5.43	5,371	986	4,385
110 O'Connor Street, Ottawa (Lease 5 of 6)	Dec 2009	10	5.43	2,805	515	2,290
110 O'Connor Street, Ottawa (Lease 6 of 6)	April 2010	10	4.37	1,586	241	1,345
1104 Ikaluktuutiak Drive, Iqaluit	Nov 2011	10	2.60	6,146	711	5,435
1130 Morrison Drive, Ottawa	April 2003	10	6.12	189	6	183
1164 Devonshire Avenue, North Bay	April 2011	10	3.67	1,755	262	1,493
117 Glencoe Drive, Mount Pearl	Aug 2009	10	3.57	2,756	334	2,422
1300 Bath Road, Kingston	Feb 2012	10	2.20	1,216	123	1,093
135 Hunter Street East, Hamilton	June 2003	10	5.66	501	17	484
1363 Fourth Avenue, Prince George	Dec 2010	10	6.84	1,516	375	1,141
1431 Merivale Road, Ottawa	Oct 2007	10	8.22	2,888	571	2,317
144 Millennium Drive, Quispamsis	Nov 2011	10	8.74	1,868	814	1,054
1484 Centennial Drive, Kingston	Oct 2006	10	18.24	2,436	771	1,665
1550 Estimauville Avenue, Quebec	Nov 2011	20	8.24	85,454	43,111	42,343
159 Cleopatra Drive, Ottawa	March 2011	10	1.33	5,001	287	4,714
1600 Star Top Road, Ottawa	July 2004	15	7.15	22,179	4,913	17,266
1620 Dickson Avenue, Kelowna	April 2006	10	4.38	1,399	118	1,281
1725 Woodward Drive, Ottawa (Lease 1 of 2)	Dec 2009	10	8.94	3,440	957	2,483
1725 Woodward Drive, Ottawa (Lease 2 of 2)	Dec 2009	10	8.55	3,178	852	2,326
179 Third Avenue, Timmins	Feb 2010	10	8.69	5,992	1,656	4,336
18 Corporation Drive, Brampton	April 2004	9	4.37	456	11	445
1801 Hollis and Duke, Halifax	Oct 2009	10	3.89	3,587	491	3,096
181 Queen Street, Ottawa	March 2004	20	10.65	43,680	19,343	24,337
1925 McCallum Road, Abbotsford	Nov 2008	15	4.30	4,662	1,069	3,593
200 John Street West, Oshawa	Nov 2009	10	7.16	2,107	485	1,622
22 de Varennes Street, Gatineau	Nov 2007	10	10.97	3,461	882	2,579
220 Fortin Street, Quebec	Dec 2007	10	15.65	1,338	454	884
2455 Don Reid Drive, Ottawa	Dec 2009	15	7.71	3,908	1,418	2,490
248 McArthur Avenue, Ottawa	Sept 2002	10	7.91	179	3	176
2525 Dixie Road, Mississauga	Oct 2009	5	6.67	1,030	84	946
2655 Lancaster Road, Ottawa (Lease 1 of 2)	Feb 2009	8	3.94	958	87	871
2655 Lancaster Road, Ottawa (Lease 2 of 2)	July 2009	8	4.66	843	89	754
269 Laurier Avenue, Ottawa	Sept 2005	15	4.18	49,171	7,779	41,392
275 De Baets Street, Winnipeg	Feb 2007	10	17.42	1,351	442	909
2920 Highway 104, Antigonish	Feb 2006	10	7.76	628	86	542
295 Belliveau Avenue, Shediac	Jan 2007	15	7.93	3,781	1,161	2,620
3 Lower Malpeque Road, Charlottetown	June 2008	10	4.19	870	105	765
3085 Glen Erin Drive, Mississauga (Lease 1 of 2)	Aug 2010	7	7.28	1,519	263	1,256
3085 Glen Erin Drive, Mississauga (Lease 2 of 2)	Nov 2010	10	5.74	2,472	523	1,949
325 Broadway Avenue, Winnipeg	Jan 2008	10	10.37	8,001	1,993	6,008
3299 Industriel Boulevard, Sherbrooke	Nov 2009	10	6.24	1,469	307	1,162
351 Saint-Joseph Boulevard, Gatineau (Lease 1 of 2)	Aug 2011	25	5.28	86,105	38,314	47,791
351 Saint-Joseph Boulevard, Gatineau (Lease 2 of 2)	Dec 2011	25	7.33	22,564	12,113	10,451
3600 Lysander Lane, Richmond	March 2010	10	0.43	3,034	53	2,981
365 Hargrave Street, Winnipeg	July 2003	10	4.65	631	19	612
400 City Hall Square East, Windsor	Jan 2006	10	9.89	2,592	434	2,158
419 Kensington Avenue, Estevan	Oct 2011	10	2.87	1,236	155	1,081
444 Fifth Street, Shawinigan	Dec 2011	10	8.50	3,086	987	2,099
4455 12th Avenue, Shawinigan-Sud	Sept 2003	10	8.85	594	38	556
485 Bishop Drive, Fredericton	Dec 2011	15	6.16	1,674	574	1,100
4901-05 46th Street, Red Deer	Aug 2011	10	3.11	2,392	318	2,074
50 King Street, Moncton	June 2002	10	6.40	42		42
50 Queen Street North, Kitchener	Nov 2006	7	7.81	1,077	67	1,010
5019, 52nd Street, Yellowknife	Feb 2011	10	2.54	1,882	198	1,684
520 Exmouth Street, Sarnia	Dec 2006	10	4.08	2,497	227	2,270
555 McAllister Drive, Saint John	Nov 2007	10	8.16	3,561	709	2,852
6th and 2nd Building, Edmonton	Sept 2009	5	3.49	709	30	679
635 8th Avenue South West, Calgary	July 2009	10	3.55	7,735	940	6,795
65 John Savage Avenue, Dartmouth	Oct 2004	10	5.93	1,043	76	967
6503 67th Street, Red Deer	Sept 2009	10	4.81	973	156	817
78 Richmond Street West, Oshawa	July 2009	5	9.75	2,124	231	1,893
8 Colonnade Road, Ottawa	May 2007	10	5.91	1,480	204	1,276
8 Queen Street East, Sault Ste Marie	June 2010	10	4.95	2,385	426	1,959
81 Kingmingya Road, Inuvik	Jan 2011	10	7.35	1,337	353	984
825-827 Fort Street, Victoria	Oct 2011	10	2.66	1,814	213	1,601
859 Main Street, Moncton	July 2008	10	5.49	1,210	188	1,022
985 McGill Place, Kamloops	June 2002	15	13.50	1,586	449	1,137
98-100 Racine Street East, Saguenay	June 2011	9	5.36	1,594	332	1,262
Admiral Building, Ottawa	Aug 2009	15	11.51	2,092	1,017	1,075
Albion Executive Tower, Ottawa	Dec 2009	10	6.80	2,462	547	1,915
Anderson Building, Selkirk	Jan 2012	10	2.18	1,234	121	1,113
Bank of Canada, Ottawa	Sept 2002	10	6.00	671	10	661
Barker House, Fredericton	April 2010	10	2.82	2,863	307	2,556
Bell Canada Place, Ottawa	May 2003	15	10.88	5,745	1,556	4,189
Bell Tower, Edmonton	Jan 2004	10	18.61	1,137	173	964
Bonaventure Place, Montreal	May 2005	10	16.43	2,715	596	2,119
Broad Street Crossing, Regina (Lease 1 of 2)	May 2008	10	4.88	1,326	180	1,146
Broad Street Crossing, Regina (Lease 2 of 2)	May 2008	10	9.77	1,026	255	771
C. D. Howe Building, Ottawa	Sept 1977	35	9.19	2,542	57	2,485
Canada Building, Ottawa	April 2007	10	4.27	3,610	365	3,245
Canada Building & Enterprise Building, Ottawa	April 2004	9	5.94	7,235	227	7,008
Canada Place Building, Edmonton	Oct 2007	25	4.44	383,350	139,359	243,991
Canada Post Place, Ottawa	Dec 2004	15	4.91	23,532	3,955	19,577
Cargill Building, Winnipeg	July 2008	10	7.38	7,188	1,444	5,744
Carling Square, Tower I, Ottawa	Oct 2007	10	11.76	4,565	1,216	3,349
Carling Square, Tower II, Ottawa	Dec 2007	10	7.83	7,628	1,483	6,145
Centennial House, Winnipeg	April 2008	10	4.69	3,146	413	2,733
Centennial Towers, Ottawa	Dec 2003	10	6.70	18,155	1,022	17,133
Chahko Mika Mall, Nelson	Nov 2011	10	7.89	2,725	817	1,908
Chebucto Place, Halifax	May 2011	10	3.45	1,864	272	1,592
Chief Joseph Big Plume Building, Sarcee	Jan 2011	10	5.93	3,950	874	3,076
City Place, Winnipeg (Lease 1 of 2)	Nov 2008	10	9.16	1,987	501	1,486
City Place, Winnipeg (Lease 2 of 2)	April 2009	10	7.04	3,855	823	3,032
Coast Guard Base, Mount Pearl	Feb 2011	8	2.21	1,800	131	1,669
Colonnade Warehouse, Nepean	April 2007	10	7.80	1,028	179	849
Commodity Exchange & Winnipeg Square, Winnipeg (Lease 1 of 2)	Jan 2009	9	9.61	4,362	1,040	3,322
Commodity Exchange & Winnipeg Square, Winnipeg (Lease 2 of 2)	Jan 2009	9	9.74	3,110	750	2,360
Crowsnest Trail Plaza, Lethbridge	July 2008	10	5.83	1,118	186	932
De La Cité Place, Gatineau	Dec 2003	15	9.78	26,027	6,958	19,069
Des Explorateurs Place, Gatineau	Oct 2008	10	4.68	2,041	288	1,753
Federal Court, Montreal	Feb 1994	20	21.53	3,136	564	2,572
Fontaine Building, Gatineau	Jan 2008	15	5.82	35,615	9,192	26,423
Fraser Building, Ottawa	Feb 2010	10	3.24	3,588	423	3,165
Frederick Square, Fredericton	Dec 2011	10	2.31	1,278	134	1,144
Galeries Laurentides, Saint-Jérôme	June 2007	10	15.13	1,272	393	879
Glencoe Building, Mount Pearl	Dec 2007	10	10.74	2,228	565	1,663
Guy Favreau Complex, Montreal	Jan 2004	15	5.84	76,004	17,638	58,366
Hamilton Centre, Regina	June 2002	10	15.88	136	3	133
Harry Hays Building, Calgary	Oct 2007	25	4.44	379,499	137,990	241,509
Heritage Court, Moncton	July 2002	10	11.36	179	3	176
Historic Properties, Halifax	Jan 2006	10	8.18	1,535	217	1,318
I.C.A.O., Montreal	Nov 1996	20	9.94	74,582	18,744	55,838
Iberville IV Tower, Sainte-Foy	April 2005	10	4.68	531	37	494
Jean Edmonds Tower North, Ottawa	Jan 2005	10	4.53	24,940	1,532	23,408
Joe Tobie Building, Yellowknife	April 2008	5	3.08	307	5	302
Joseph Shepard Building, Toronto	Oct 2007	25	4.44	262,384	95,414	166,970
Judicial Complex, Toronto	April 2006	20	11.40	83,095	43,557	39,538
Kamotiq Building, Nunavut	April 2011	10	5.10	5,062	1,009	4,053
Kent Square Building, Ottawa	Oct 2007	10	4.52	3,534	410	3,124
Laurier Place, Ottawa	May 2009	10	5.51	3,188	554	2,634
Library Square (Block 56), Vancouver	May 1995	25	9.68	53,891	16,608	37,283
Lionel Chevrier Building, Cornwall	Dec 2004	15	6.07	6,066	1,226	4,840
Louis St-Laurent Building, Gatineau	Nov 2001	15	6.38	42,133	7,101	35,032
Maritime Centre, Halifax (Lease 1 of 3)	Oct 2006	10	10.41	930	190	740
Maritime Centre, Halifax (Lease 2 of 3)	Jan 2010	15	6.26	20,268	6,437	13,831
Maritime Centre, Halifax (Lease 3 of 3)	Jan 2010	15	5.78	2,103	628	1,475
Megasys Phase II, Calgary	Feb 2008	10	5.62	5,303	791	4,512
Mercury Centre, Ottawa	Jan 2007	25	4.50	128,399	43,459	84,940
Mews Place, St. John's	Oct 2011	10	2.37	3,427	364	3,063
Midwest Surveys Building, Calgary	April 2007	10	17.88	3,338	1,142	2,196
Montcalm Place, Phase III, Gatineau	Dec 2003	15	8.65	27,130	6,567	20,563
Narono Building, Ottawa	Feb 2008	10	4.61	1,531	192	1,339
Nova Plaza, Yellowknife (Lease 1 of 2)	April 2009	10	6.00	3,060	566	2,494
Nova Plaza, Yellowknife (Lease 2 of 2)	April 2010	10	10.21	1,580	503	1,077
Parks Canada Building, Dartmouth	July 2009	20	7.61	4,676	2,076	2,600
Queen Square, Dartmouth	Sept 2011	10	3.18	12,561	1,720	10,841
RCMP Building, Montreal	Oct 2007	25	4.44	65,795	24,010	41,785
Revenu Canada Building, Montreal	Oct 2007	25	4.44	134,137	48,797	85,340
Roper Ridge Business Park, Edmonton	Nov 2008	10	6.43	5,853	1,111	4,742
Rosdev de Ville, Gatineau	June 2007	10	4.58	19,104	2,121	16,983
Royal Bank Building, Toronto	May 2002	10	12.50	437	5	432
Royal Centre, New Westminster (Lease 1 of 2)	Nov 2008	10	11.22	1,911	564	1,347
Royal Centre, New Westminster (Lease 2 of 2)	March 2011	9	5.96	1,263	272	991
Samuel-Holland Complex, Quebec	July 2011	10	3.13	1,382	183	1,199
Sixty Queen Building, Ottawa (Lease 1 of 2)	July 2008	10	3.94	1,791	196	1,595
Sixty Queen Building, Ottawa (Lease 2 of 2)	May 2009	9	0.32	5,128	49	5,079
Sixty-Six Slater Building, Ottawa (Lease 1 of 2)	April 2009	10	4.95	4,285	670	3,615
Sixty-Six Slater Building, Ottawa (Lease 2 of 2)	Sept 2010	10	5.53	1,756	355	1,401
Skyline Complex, Ottawa	Oct 2007	25	4.44	296,533	107,998	188,535
Smith Building, St. John's	July 2009	10	7.08	3,411	749	2,662
Terrasses de la Chaudière, Gatineau	Jan 1993	20	9.95	72,020	6,969	65,051
The Baker Center Building, Edmonton	Dec 2007	10	4.45	1,037	122	915
The Inuksugait Plaza, Iqaluit	Oct 2006	10	14.28	988	262	726
The New Two Seventy Building, Ottawa	June 2007	10	4.58	6,041	672	5,369
The Standard Life Centre, Hamilton	Dec 2007	5	11.15	480	19	461
Thomas D'Arcy McGee Building, Ottawa	Oct 2007	25	4.44	231,567	84,148	147,419
Time Square Building, Ottawa	Oct 2010	10	4.76	5,731	1,025	4,706
Trebla Building, Ottawa (Lease 1 of 2)	April 2009	10	9.46	7,639	2,069	5,570
Trebla Building, Ottawa (Lease 2 of 2)	April 2009	10	2.73	807	73	734
Trusco Building, Ottawa	Sept 2006	20	4.28	100,145	25,509	74,636
Urbandale Building, Ottawa	June 2002	10	4.40	88		88
VAC Records Management Centre, Charlottetown	Nov 2007	15	13.43	3,490	1,632	1,858
Vanguard Building, Ottawa	Nov 2007	10	4.80	2,658	330	2,328
Vault Building, Lethbridge	April 2008	10	6.18	1,209	201	1,008
Waldron Building, Yellowknife	Aug 2007	10	12.22	1,356	363	993
Wellington Place, Sherbrooke	Feb 2005	8	6.30	238	7	231
Woodward's Abbott Building, Vancouver	Jan 2010	15	5.35	5,896	1,650	4,246
Other capital leases less than $1,000,000				85,588	22,788	62,800
Total				3,352,822	1,075,681	2,277,141
Shared Services Canada—
IBM-Enterprise Class Z196 Server, model 2817- M32 CPC1 for DCH (AMR 9-59)	Oct 2011	4	1.20	7,847	158	7,689
IBM-Enterprise Class Z196 Server, model 2817- M32 CPC2 for DCH (AMR 9-59)	Oct 2011	4	1.20	5,496	111	5,385
IBM-Enterprise Class Z196 Server, model 2817- M32 CPC7 for DCH (AMR 9-59)	Oct 2011	4	1.20	5,368	108	5,260
IBM-Enterprise Class Z196 Server, model 2817- M32 CPC8 for DCH (AMR 9-59)	Oct 2011	4	1.20	4,891	99	4,792
IBM-Enterprise Class Z196 Server, model 2817- M32 CPC9 for DCH (AMR 9-59)	Oct 2011	4	1.20	3,337	67	3,270
IBM-Enterprise Class Z196 Server for DND Mainframe 1	Jan 2012	2	0.06	3,382	200	3,182
IBM-Enterprise Class Z196 Server for DND Mainframe 2	Jan 2012	2	0.06	649	38	611
IBM-Enterprise Class Z196 Server for DND Mainframe 3	Jan 2012	2	0.06	2,102	124	1,978
IBM-Enterprise Class Z196 Server for DND Mainframe 4	Jan 2011	3	0.00	932	1	931
Total				34,004	906	33,098
Transport—
Confederation Bridge	May 1997	35	6.16	1,327,808	739,946	587,862
Other departments—
Capital leases less than $1,000,000				547	26	521
Total				5,564,784	2,026,139	3,538,645
Consolidated Crown corporations and other entities—
Canadian Broadcasting Corporation—
HD3 Mobile	Jan 2011	5	2.95	6,632	367	6,265
Telesat	Feb 2001	17	6.80	70,174	12,288	57,886
Total				76,806	12,655	64,151
Canadian Museum of Nature—
Natural Heritage Building, Gatineau, Que	Sept 1996	35	9.88	68,250	38,128	30,122
Canadian Race Relations Foundation—
Capital leases less than $1,000,000				8	1	7
Defence Construction (1951) Limited
Capital leases less than $1,000,000				405	42	363
First Nations Statistical Institute—
Capital leases less than $1,000,000				27	3	24
Sustainable Development Technology Canada—
Capital leases less than $1,000,000				33	3	30
Total				145,529	50,832	94,697
Total				5,710,313	2,076,971	3,633,342

Minimum lease payments related to capital leases

Table 6.14 presents upcoming minimum leases payments for the next five years by ministry.

Table Summary

The table presents upcoming minimum lease payments for the next five years by ministry. It consists of 2 columns: a listing of lease payments by ministry; Payments due in divided into 7 columns – 2013, 2014, 2015, 2016, 2017, 2018 and subsequent years, and Total. A first series of lines presents the ministry, the related remaining payments minus the imputed interest and the total for the ministry. Another line presents the total for all ministries. A second series of lines presents the Consolidated Crown corporations and other entities, the related remaining payments minus the imputed interest and the total for the organization. Another line presents the total for all Consolidated Crown corporations and other entities. A third series of lines presents a summary of the overall remaining payments and another for the overall imputed interest. A final line presents the total net obligation for this table.

**TABLE 6.14**
MINIMUM LEASE PAYMENTS RELATED TO CAPITAL LEASES

(in thousands of dollars)
	2013	2014	2015	2016	2017	2018 and subsequent years	Total
	Payments due in
Canadian Heritage—
National Film Board—
Remaining payments	359	63	43				465
Imputed interest	9	5	4				18
Total	350	58	39				447
Environment—
Remaining payments	1,300	1,300	1,300	1,300	1,300	13,000	19,500
Imputed interest	729	696	662	626	588	3,262	6,563
Total	571	604	638	674	712	9,738	12,937
National Defence—
Remaining payments	82,330	82,303	82,240	82,182	82,118	277,732	688,905
Imputed interest	29,964	26,937	23,714	20,294	16,676	38,815	156,400
Total	52,366	55,366	58,526	61,888	65,442	238,917	532,505
Natural Resources—
Remaining payments	4,718	4,718	4,718	4,718	4,718	87,831	111,421
Imputed interest	2,593	2,519	2,442	2,362	2,280	23,089	35,285
Total	2,125	2,199	2,276	2,356	2,438	64,742	76,136
Parliament—
House of Commons—
Remaining payments	959	955	953	755			3,622
Imputed interest	141	102	60	17			320
Total	818	853	893	738			3,302
Public Safety and Emergency Preparedness—
Royal Canadian Mounted Police—
Remaining payments	1,146	1,146	1,146	1,146	1,146	19,960	25,690
Imputed interest	805	786	766	744	721	7,172	10,994
Total	341	360	380	402	425	12,788	14,696
Public Works and Government Services—
Remaining payments	280,226	307,023	236,429	224,803	250,217	2,054,124	3,352,822
Imputed interest	125,968	111,307	101,411	92,706	82,511	561,778	1,075,681
Total	154,258	195,716	135,018	132,097	167,706	1,492,346	2,277,141
Shared Services Canada—
Remaining payments	11,734	10,725	7,697	3,848			34,004
Imputed interest	559	251	87	9			906
Total	11,175	10,474	7,610	3,839			33,098
Transport—
Remaining payments	60,529	57,506	58,375	59,257	60,152	1,031,989	1,327,808
Imputed interest	42,119	38,257	38,250	38,215	38,153	544,952	739,946
Total	18,410	19,249	20,125	21,042	21,999	487,037	587,862
Other departments—
Capital leases less than $1,000,000—
Remaining payments	273	191	57	24	2		547
Imputed interest	16	8	2				26
Total	257	183	55	24	2		521
Total	240,671	285,062	225,560	223,060	258,724	2,305,568	3,538,645
Consolidated Crown corporations and other entities—
Canadian Broadcasting Corporation—
Remaining payments	13,760	13,760	13,760	13,472	12,030	10,024	76,806
Imputed interest	3,831	3,102	2,536	1,815	1,098	273	12,655
Total	9,929	10,658	11,224	11,657	10,932	9,751	64,151
Canadian Museum of Nature—
Remaining payments	3,500	3,500	3,500	3,500	3,500	50,750	68,250
Imputed interest	2,967	2,912	2,851	2,783	2,709	23,906	38,128
Total	533	588	649	717	791	26,844	30,122
Canadian Race Relations Foundation—
Remaining payments	3	3	2				8
Imputed interest	1						1
Total	2	3	2				7
Defence Construction (1951) Limited—
Remaining payments	140	123	82	51	9		405
Imputed interest	20	15	6	1			42
Total	120	108	76	50	9		363
First Nations Statistical Institute—
Remaining payments	9	9	9				27
Imputed interest	1	1	1				3
Total	8	8	8				24
Sustainable Development Technology Canada—
Remaining payments	15	15	3				33
Imputed interest	1	1	1				3
Total	14	14	2				30
Total	10,606	11,379	11,961	12,424	11,732	36,595	94,697
Total	251,277	296,441	237,521	235,484	270,456	2,342,163	3,633,342
Summary—
Remaining payments	461,001	483,340	410,314	395,056	415,192	3,545,410	5,710,313
Imputed interest	209,724	186,899	172,793	159,572	144,736	1,203,247	2,076,971
Net obligation	251,277	296,441	237,521	235,484	270,456	2,342,163	3,633,342

Footnotes

Footnote 1

These columns include the translation of marketable bonds payable in foreign currencies to Canadian dollars using the closing rates of exchange at March 31.

Return to footnote1 referrer

Footnote 2

Represents securities held for cancellation.

Return to footnote2 referrer

Footnote 3

Includes $69 million of securities held by consolidated Crown corporations and other entities and $441 million of borrowings by consolidated agent Crown corporations. Additional information on consolidated Crown corporations and other entities is provided in Section 4 of this volume.

Return to footnote3 referrer

Footnote 4

These securities were assumed by the Government of Canada on February 5, 2001 upon the dissolution of Petro-Canada Limited. These are presented as a deduction from the foreign currency unmatured debt since they are held specifically for the repayment of the corresponding liabilities assumed upon the dissolution of the Corporation.

Return to footnote4 referrer

Footnote 5

Represents securities held by consolidated Crown corporations and other entities. Additional information is provided in Section 4 of this volume.

Return to footnote5 referrer

Footnote 6

Ten years maturity extension to CSB Series 46 until November 1, 2013.

Return to footnote6 referrer

Footnote 7

Ten years maturity extension to CSB Series 47 until November 1, 2014.

Return to footnote7 referrer

Footnote 8

Ten years maturity extension to CSB Series 48 until November 1, 2015.

Return to footnote8 referrer

Footnote 9

Ten years maturity extension to CSB Series 49 until November 1, 2016.

Return to footnote9 referrer

Footnote 10

Ten years maturity extension to CSB Series 50 and 52 until November 1, 2017.

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Footnote 11

Ten years maturity extension to CSB Series 51, 54, 55, 56, 57, 58 and CPB Series 3, 4, 5, 6, 7.

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Footnote 12

Ten years maturity extension to CSB Series 59, 60, 61, 62, 63, 64 and CPB Series 8, 9, 10, 11, 12, 13.

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Footnote 13

Ten years maturity extension to CSB Series 65 and CPB Series 14.

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Footnote 14

Includes government's holdings and securities held for the retirement of unmatured debt (Marketable bonds - $54 million with an average interest rate of 8.43 percent) and consolidation adjustments.

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Footnote 15

Details can be found in this section.

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Footnote 16

For lessors and lessees, the financing rate of a lease agreement is subject to change over the term of lease.

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Pensions and other future benefits
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