Section 3—Revenues, expenses and accumulated deficit for the year ended March 31

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Table of contents

Revenues, expenses and accumulated deficit

Table 3.1
Revenues, expenses and accumulated deficit

(in millions of dollars)

  2019 2018
RestatedLink to Table note 1
Revenues
Tax revenues, Table 3.2 280,846 263,088
Employment insurance premiums 22,295 21,140
Other revenuesLink to Table note 1, Table 3.4 29,077 26,988
Total revenues 332,218 311,216
Expenses
Transfer payments 224,478 211,448
Other expensesLink to Table note 1 98,438 96,840
Total program expenses 322,916 308,288
Public debt charges, Table 3.8 23,266 21,889
Total expenses, Table 3.6 346,182 330,177
Annual deficit (negative 13,964) (negative 18,961)
Accumulated deficit at beginning of year (negative 671,254) (negative 651,540)
Other comprehensive (loss) income (negative 232) (negative 753)
Accumulated deficit at end of year (negative 685,450) (negative 671,254)

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