Contractual rights

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Contractual rights are rights to economic resources arising from contracts or agreements that will result in both an asset and revenue in the future. These contractual rights can be classified into four categories: sales of goods and services, leases of property, royalties and revenue/profit-sharing arrangements and others.

All outstanding contractual rights of $10 million or more per contract at year-end are reported. In some cases portfolios of contractual rights of $10 million or more have been reported.

In accordance with the Government's significant accounting policies, the contractual rights of consolidated Crown corporations are included with those of the Government.

Table 11.5
Sales of goods and services, leases of property and other contractual rights as at March 31, 2018
(in millions of dollars)
  Outstanding revenueLink to footnote 1 Outstanding revenue to be earned by March 31
2019 2020 2021 2022 2023 2024 and subsequent
Sales of goods and services
Environment and Climate Change
Department of the Environment 52 15 14 14 9 – –
Global Affairs
Canadian Commercial Corporation 9,441 1,156 633 1,769 3,045 1,437 1,401
Public Safety and Emergency Preparedness
Royal Canadian Mounted Police 41,668 2,491 2,518 2,593 2,671 2,750 28,645
Total sales of goods and services 51,161 3,662 3,165 4,376 5,725 4,187 30,046
Leases of property
Canadian Heritage
Canadian Broadcasting Corporation 439 9 9 10 10 10 391
National Capital Commission 68 1 2 1 2 1 61
Environment and Climate Change
Parks Canada AgencyLink to footnote 2 62 1 1 2 1 2 55
Global Affairs
Department of Foreign Affairs, Trade and Development 15 3 4 4 4 – –
Public Services and Procurement
Department of Public Works and Government Services 11 1 – 1 – 1 8
Transport
Department of TransportLink to footnote 2 2,010 378 389 401 417 425 –
Total leases of property 2,605 393 405 419 434 439 515
Other
Environment and Climate Change
Parks Canada AgencyLink to footnote 3 6 1 1 1 1 2 –
Families, Children and Social Development
Department of Employment and Social Development 336 336 – – – – –
Innovation, Science and Economic Development
Department of Industry 167 13 15 15 15 14 95
National Defence
Department of National Defence 31 – – – – – 31
Natural Resources
Department of Natural Resources 340 15 14 15 14 14 268
Total other 880 365 30 31 30 30 394
Total 54,646 4,420 3,600 4,826 6,189 4,656 30,955

Table notes

The dash means that the amount is 0 or is rounded to 0.

In addition to the contractual rights presented in Table 11.5, the Department of National Defence, the Department of Natural Resources and the Parks Canada Agency have agreements that entitle them to future revenue based on a percentage of revenue or profits of the other party to the agreement, or based on receiving an amount for each unit of goods sold. Revenues have not been estimated due to uncertainty.

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