Unmatured debt

Public Accounts of Canada 2019 Volume I—Top of the page Navigation

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 obligations under public-private partnerships.

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.

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, 2019.

**Table 6.2**
**Marketable bonds**
(in dollars)
Payable in Canadian currency
	April 1, 2018	Receipts and other credits^{Link to Table note 1}	Payments and other charges^{Link to Table note 1}	March 31, 2019
Matured 2018–2019	64,713,981,000	–	64,713,981,000	–
Maturing
2019–2020	116,261,000,000	–	38,518,367,000	77,742,633,000
2020–2021	74,767,361,000	39,000,000,000	3,130,000,000	110,637,361,000
2021–2022	49,988,149,000	17,319,801,250	–	67,307,950,250
2022–2023	43,506,022,000	–	–	43,506,022,000
2023–2024	16,558,552,000	24,000,000,000	–	40,558,552,000
2024–2025	13,800,000,000	–	–	13,800,000,000
2025–2026	15,403,156,000	–	–	15,403,156,000
2026–2027	21,370,957,500	114,922,500	–	21,485,880,000
2027–2028	19,035,975,000	–	–	19,035,975,000
2028–2029	9,000,000,000	4,500,000,000	–	13,500,000,000
2029–2030	10,883,378,000	9,000,000,000	–	19,883,378,000
2031–2032	8,357,104,000	122,032,000	–	8,479,136,000
2033–2034	12,338,905,000	–	65,000,000	12,273,905,000
2036–2037	7,478,991,000	109,219,500	–	7,588,210,500
2037–2038	12,631,295,000	–	130,521,000	12,500,774,000
2041–2042	22,928,616,500	113,249,500	690,209,000	22,351,657,000
2044–2045	8,770,454,000	128,051,000	–	8,898,505,000
2045–2046	16,400,000,000	–	–	16,400,000,000
2047–2048	8,223,369,000	120,120,000	–	8,343,489,000
2048–2049	14,900,000,000	–	–	14,900,000,000
2050–2051	2,228,842,000	2,293,962,000	–	4,522,804,000
2051–2052	1,500,000,000	3,800,000,000	–	5,300,000,000
2064–2065	4,750,000,000	–	–	4,750,000,000
Subtotal	575,796,108,000	100,621,357,750	107,248,078,000	569,169,387,750
Less:
Government holdings of unmatured debt	1,220,000,000	(negative 1,220,000,000)	–	–
Consolidation adjustment^{Link to Table note 2}	(negative 392,235,000)	(negative 102,454,000)	(negative 137,589,000)	(negative 357,100,000)
Subtotal	827,765,000	(negative 1,322,454,000)	(negative 137,589,000)	(negative 357,100,000)
Total marketable bonds payable in Canadian currency	574,968,343,000	101,943,811,750	107,385,667,000	569,526,487,750
Payable in foreign currencies
Matured 2018–2019	3,885,917,472	–	3,885,917,472	–
Maturing
2019–2020	3,175,109,400	167,300	172,800,000	3,002,476,700
2021–2022	–	4,008,600,000	–	4,008,600,000
2022–2023	3,865,200,000	143,400,000	–	4,008,600,000
Subtotal	10,926,226,872	4,152,167,300	4,058,717,472	11,019,676,700
Less: Government's holdings and securities held for the retirement of unmatured debt^{Link to Table note 3}	24,721,251	20,311,059	163,621	4,573,813
Total marketable bonds payable in foreign currencies	10,901,505,621	4,172,478,359	4,058,881,093	11,015,102,887
Total	585,869,848,621	106,116,290,109	111,444,548,093	580,541,590,637
Table notes 1 General notes: The dash means that the amount is 0 or is rounded to 0. Table note 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 table note 1 referrer Table note 2 Includes $2,930,000 of securities held by consolidated Crown corporations and other entities and $360,030,000 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 table note 2 referrer Table note 3 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 table note 3 referrer

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, 2019 consists of $41,900 million in three-month bills; $27,300 million in six-month bills; $59,600 million in 364–day bills; and $5,500 million in odd-issue bills.

**Table 6.3**
**Treasury bills**
(in dollars)
	April 1, 2018	Receipts and other credits	Payments and other charges	March 31, 2019
Three-month bills	30,800,000,000	152,800,000,000	141,700,000,000	41,900,000,000
Six-month bills	21,900,000,000	59,600,000,000	54,200,000,000	27,300,000,000
Other bills	58,000,000,000	128,000,000,000	120,900,000,000	65,100,000,000
Subtotal	110,700,000,000	340,400,000,000	316,800,000,000	134,300,000,000
Less: Consolidation adjustment^{Link to Table note 4}	–	–	–	–
Total	110,700,000,000	340,400,000,000	316,800,000,000	134,300,000,000
Table notes 2 General notes: The dash means that the amount is 0 or is rounded to 0. Table note 4 Represents securities held by consolidated Crown corporations and other entities. Additional information is provided in Section 4 of this volume. Return to table note 4 referrer

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 three 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**
**Retail debt**
(in dollars)
Canada savings bonds (CSB)
	April 1, 2018	Receipts and other credits	Payments and other charges	March 31, 2019
Matured 2018–2019	702,229,469	–	702,229,469	–
Maturing
2019–2020	607,533,130	–	158,114,764	449,418,366
2020–2021	137,629,599	–	20,990,949	116,638,650
2021–2022	180,996,747	37,654,111	35,233,910	183,416,948
Subtotal	1,628,388,945	37,654,111	916,569,092	749,473,964
Canada premium bonds (CPB)
Matured 2018–2019	415,887,808	–	415,887,808	–
Maturing
2019–2020	287,532,422	–	39,028,354	248,504,068
2020–2021	108,500,662	–	18,227,756	90,272,906
2021–2022	145,335,478	37,983,322	34,754,199	148,564,601
Subtotal	957,256,370	37,983,322	507,898,117	487,341,575
Total	2,585,645,315	75,637,433	1,424,467,209	1,236,815,539
Table notes 3 General notes: The dash means that the amount is 0 or is rounded to 0.

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, 2019.

**Table 6.5**
**Canada bills**
(in dollars)
	April 1, 2018	Receipts and other credits	Payments and other charges	March 31, 2019
Canada bills before revaluation	2,478,437,687	15,626,291,875	15,530,561,797	2,574,167,765
Exchange valuation adjustment	112,252,553	12,854,673	–	125,107,226
Total	2,590,690,240	15,639,146,548	15,530,561,797	2,699,274,991
Table notes 4 General notes: The dash means that the amount is 0 or is rounded to 0.

Medium-term notes

Medium-term notes are issued by the Government of Canada in the foreign markets under the Government's foreign currency borrowing program, and thus provide Canada with an additional source of medium-term foreign funds.

The year-end balances of medium-term notes payable in US dollars and Euros were translated into Canadian dollars using the closing rate of exchange of the appropriate currency at March 31, 2019.

**Table 6.6**
**Medium‑term notes**
(in dollars)
Payable in foreign currencies
	April 1, 2018	Receipts and other credits	Payments and other charges	March 31, 2019
Matured 2018–2019	322,100,000	–	322,100,000	–
Maturing
2019–2020	1,191,770,000	44,215,000	–	1,235,985,000
2020–2021	978,625,000	14,525,000	–	993,150,000
2021–2022	64,420,000	2,390,000	–	66,810,000
Total	2,556,915,000	61,130,000	322,100,000	2,295,945,000
Table notes 5 General notes: The dash means that the amount is 0 or is rounded to 0.

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**
**Unamortized discounts and premiums on market debt**
(in dollars)
	April 1, 2018	Receipts and other credits	Payments and other charges	March 31, 2019
Unamortized discounts on Canada bills	(negative 6,593,399)	58,818,533	60,562,321	(negative 8,337,187)
Unamortized discounts on treasury bills	(negative 436,281,323)	1,899,172,771	2,207,460,231	(negative 744,568,783)
Unamortized discounts and premiums on marketable bonds	3,909,708,330	1,251,266,389	2,245,271,043	2,915,703,676
Total	3,466,833,608	3,209,257,693	4,513,293,595	2,162,797,706

Cross-currency swap revaluation

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

Interest rates

Table 6.8 sets out market debt as at March 31, for each of the years 2015 to 2019 inclusively, with the average rate of interest thereon. For purposes of comparison, market debt is classified as marketable bonds, treasury bills, retail debt, Canada bills and medium-term notes.

**Table 6.8**
**Market debt as at March 31, from 2015 to 2019, with the average rate of interest thereon**
(in millions of dollars)
	Amount outstanding	Average interest rate %	Amount outstanding	Average interest rate %	Amount outstanding	Average interest rate %	Amount outstanding	Average interest rate %	Amount outstanding	Average interest rate %	Amount outstanding	Average interest rate %
	Marketable bonds		Treasury bills		Retail debt		Canada bills		Medium-term notes		Total market debt
2019	580,542	2.28	134,300	1.79	1,237	0.71	2,699	2.44	2,296	2.23	721,074	2.18
2018	585,870	2.18	110,700	1.16	2,585	0.63	2,591	1.61	2,557	1.70	704,303	2.01
2017	547,761	2.25	136,700	0.54	4,533	0.66	3,521	0.77	2,607	1.06	695,122	1.89
2016	519,373	2.47	138,100	0.50	5,076	0.67	4,748	0.43	2,429	0.67	669,726	2.03
2015	502,635	2.70	135,692	0.81	5,660	0.71	3,789	0.08	1,724	0.35	649,500	2.27
Table notes 6 General notes: The interest rate in effect at March 31 is used where various rates of interest are applicable.

**Table 6.9**
**Treasury bills average yields at tender**
(in percentage)
Year ended March 31	High	Low	Last issue
Three-month bills
2019	1.73	1.12	1.65
2018	1.21	0.52	1.09
2017	0.55	0.46	0.51
2016	0.67	0.37	0.46
2015	0.95	0.47	0.53
Six-month bills
2019	1.93	1.33	1.68
2018	1.37	0.56	1.28
2017	0.58	0.51	0.55
2016	0.69	0.37	0.51
2015	0.98	0.45	0.54
364-days bills
2019	2.17	1.64	1.70
2018	1.63	0.62	1.60
2017	0.65	0.50	0.64
2016	0.72	0.38	0.54
2015	1.02	0.43	0.53
Other bills
2019	1.76	1.10	1.71
2018	1.20	0.48	1.20
2017	0.58	0.46	0.53
2016	0.67	0.45	0.53
2015	0.98	0.68	0.71

Maturity of Government debt

**Table 6.10**
**Maturity of Government debt**
(in millions of dollars)
	Amount	Average interest rate %	Amount	Average interest rate %	Amount	Average interest rate %	Amount	Average interest rate %	Amount	Average interest rate %	Amount	Average interest rate %
	Marketable bonds		Treasury bills		Retail debt		Canada bills		Medium-term notes		Total market debt
2020	80,745	1.61	134,300	1.79	698	0.71	2,699	2.44	1,236	2.36	219,678	1.73
2021	110,637	1.60	–	–	207	0.71	–	–	993	2.04	111,837	1.61
2022	71,316	1.76	–	–	332	0.66	–	–	67	2.65	71,715	1.76
2023	47,515	1.88	–	–	–	–	–	–	–	–	47,515	1.87
2024	40,559	2.25	–	–	–	–	–	–	–	–	40,559	2.25
2025–2029	83,225	2.56	–	–	–	–	–	–	–	–	83,225	2.56
2030–2034	40,636	4.61	–	–	–	–	–	–	–	–	40,636	4.61
2035–2039	20,089	4.25	–	–	–	–	–	–	–	–	20,089	4.25
2040–2044	22,352	3.30	–	–	–	–	–	–	–	–	22,352	3.30
2045–2049	48,542	2.52	–	–	–	–	–	–	–	–	48,542	2.52
2050–2054	9,823	1.31	–	–	–	–	–	–	–	–	9,823	1.31
2065–2069	4,750	2.75	–	–	–	–	–	–	–	–	4,750	2.75
Subtotal	580,189	2.28	134,300	1.79	1,237	0.71	2,699	2.44	2,296	2.23	720,721	2.18
Less: Government's holdings and consolidation adjustment^{Link to Table note 5}	(negative 353)		–		–		–		–		(negative 353)
Total	580,542	2.28	134,300	1.79	1,237	0.71	2,699	2.44	2,296	2.23	721,074	2.18
Table notes 7 General notes: 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. The dash means that the amount is 0 or is rounded to 0. A blank cell means there is no available data. Table note 5 Includes government's holdings and securities held for the retirement of unmatured debt (Marketable bonds - $4 million with an average interest rate of 9.0%) and consolidation adjustments. Return to table note 5 referrer

Statement of all borrowing transactions on behalf of Her Majesty

Included in the following 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 6.11**
**Statement of all borrowing transactions on behalf of Her Majesty**
(in millions of dollars)
	April 1, 2018	Issues/Borrowings	Retirements	March 31, 2019
Market debt of the Government of Canada^{Link to Table note 6}	704,303	462,293	445,522	721,074
Cross-currency swap revaluation	7,835	–	561	7,274
Unamortized discounts and premiums on market debt^{Link to Table note 6}	3,467	3,209	4,513	2,163
Obligation related to capital leases^{Link to Table note 6}	3,202	8	317	2,893
Obligation under public-private partnerships	2,393	1,130	12	3,511
Subtotal	721,200	466,640	450,925	736,915
Borrowings of enterprise Crown corporations designated as agents of Her Majesty	291,469	83,943	80,678	294,734
Total	1,012,669	550,583	531,603	1,031,649
Table notes 8 General notes: The dash means that the amount is 0 or is rounded to 0. Table note 6 Details can be found in this section. Return to table note 6 referrer

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**
**Obligation related to capital leases**
(in dollars)
	April 1, 2018	Net changes	March 31, 2019
Land	2,598,591	(negative 1,182,340)	1,416,251
Buildings	2,343,473,195	(negative 167,032,535)	2,176,440,660
Works and infrastructure	464,036,724	(negative 24,047,853)	439,988,871
Machinery and equipment	286,540,349	(negative 51,834,131)	234,706,218
Vehicles	105,675,489	(negative 64,911,077)	40,764,412
Total	3,202,324,348	(negative 309,007,936)	2,893,316,412

Capital leases

**Table 6.13**
**Details of obligation related to capital leases**
(in thousands of dollars)
Canadian Heritage and Multiculturalism
	Inception date	Lease term in years	Discount rate %^{Link to Table note 7}	Total estimated remaining minimum lease payments	Less: imputed interest using the discount rate	Net obligations under capital lease arrangements
Canadian Broadcasting Corporation
7067 Chebucto Rd, Halifax	June 2015	7	3.23	6,112	352	5,760
Canadian Museum of Nature
Natural Heritage Building, Gatineau	Sept 1996	35	9.88	43,750	18,742	25,008
Canadian Race Relations Foundation
Capital leases less than $10,000,000				3	–	3
National Film Board
Capital leases less than $10,000,000				111	3	108
Environment and Climate Change
Department of the Environment
Carleton University, Ottawa—National Wildlife Research Centre	May 2002	25	5.63	10,400	2,208	8,192
Parks Canada Agency
Capital leases less than $10,000,000				2,504	468	2,036
National Defence
Department of National Defence
Edmonton Armoury—North	Dec 2000	20	5.62	2,358	112	2,246
Edmonton Armoury—South	May 2001	20	6.07	4,365	269	4,096
Longue Pointe Supply Depot	Nov 1994	35	7.74	36,021	11,488	24,533
Milit-Air Capital Lease (NFTC) (Lease 1 of 2)	Dec 1999	20	5.78	31,453	883	30,570
Milit-Air Capital Lease (NFTC) (Lease 2 of 2)	Oct 2003	17	5.87	10,798	604	10,194
Montfort Hospital—Health Services	Oct 2003	17	5.26	28,703	3,738	24,965
Other capital leases less than $10,000,000				65	–	65
Subtotal				113,763	17,094	96,669
Natural Resources
Department of Natural Resources
183 Longwood Drive, Hamilton	Nov 2010	25	1.65	72,646	9,146	63,500
Public Safety and Emergency Preparedness
Royal Canadian Mounted Police
RCMP Detachment, Cornwall	Aug 2009	25	5.54	17,668	5,804	11,864
Other capital leases less than $10,000,000				1,779	328	1,451
Subtotal				19,447	6,132	13,315
Public Services and Procurement
Department of Public Works and Government Services
111 Lombard Avenue, Winnipeg	Nov 2014	20	2.69	18,024	3,314	14,710
1550 d'Estimauville Avenue, Quebec	Nov 2011	20	8.24	54,909	20,800	34,109
1600 Star Top Road, Ottawa	July 2004	15	7.15	765	9	756
181 Queen Street, Ottawa	March 2004	20	10.65	18,872	4,228	14,644
2 Victoria Avenue, Miramichi	Jan 2018	20	3.46	57,248	15,179	42,069
22 Eddy Street, Gatineau	March 2013	25	7.89	228,540	111,102	117,438
2575 Sainte-Anne Boulevard, Quebec	April 2015	20	10.32	35,222	18,011	17,211
269 Laurier Avenue, Ottawa	Sept 2005	15	4.18	8,276	254	8,022
30 Victoria Street, Gatineau	June 2013	25	7.89	229,515	111,876	117,639
351 Saint-Joseph Boulevard, Gatineau (Lease 1 of 3)	July 2011	25	5.28	62,429	21,581	40,848
351 Saint-Joseph Boulevard, Gatineau (Lease 2 of 3)	Dec 2011	25	7.33	16,159	7,068	9,091
351 Saint-Joseph Boulevard, Gatineau (Lease 3 of 3)	Aug 2014	12	2.45	7,322	626	6,696
395 Terminal Avenue, Ottawa	Jan 2013	15	2.67	38,977	4,256	34,721
455 de la Carrière Boulevard, Gatineau	Nov 2012	25	6.86	171,810	75,886	95,924
90 Elgin Street, Ottawa	Nov 2014	25	7.23	402,134	193,236	208,898
Canada Place Building, Edmonton	Oct 2007	25	4.44	268,789	69,656	199,133
Canada Post Place, Ottawa	Dec 2004	15	4.91	2,046	37	2,009
Fontaine Building, Gatineau	Jan 2008	15	5.82	12,424	1,287	11,137
Guy Favreau Complex, Montreal	Jan 2004	30	3.17	37,103	7,495	29,608
Harry Hays Building, Calgary	Oct 2007	25	4.44	266,158	68,984	197,174
Joseph Shepard Building, Toronto	Oct 2007	25	4.44	184,039	47,703	136,336
Judicial Complex, Toronto	April 2006	20	11.40	45,103	14,406	30,697
Library Square (Block 56), Vancouver	May 1995	25	9.68	7,222	392	6,830
Maritime Centre, Halifax	Jan 2010	15	6.26	9,438	1,538	7,900
Mercury Centre, Ottawa	Jan 2007	25	4.50	82,891	19,918	62,973
Montcalm Place, Tower II, Gatineau	April 2012	15	2.64	14,416	1,433	12,983
Queen Square, Dartmouth	Sept 2011	10	3.18	3,223	125	3,098
RCMP Building, Montreal	Oct 2007	25	4.44	46,340	12,039	34,301
Revenue Canada Building, Montreal	Oct 2007	25	4.44	94,128	24,404	69,724
Skyline Complex, Ottawa	Oct 2007	25	4.44	208,366	54,063	154,303
Thomas D'Arcy McGee Building, Ottawa	Oct 2007	25	4.44	162,290	42,046	120,244
Trusco Building, Ottawa	Sept 2006	20	4.28	51,519	7,443	44,076
Other capital leases less than $10,000,000				141,480	22,642	118,838
Subtotal				2,987,177	983,037	2,004,140
Defence Construction (1951) Limited
Capital leases less than $10,000,000				152	5	147
Shared Services Canada
IBM—Mainframes	Jan 2018	4	1.89	76,500	1,871	74,629
Supercomputer—Meteorological Service of Canada	July 2017	8	1.44	165,859	6,657	159,202
Subtotal				242,359	8,528	233,831
Transport
Department of Transport
Confederation Bridge, Borden-Carleton	May 1997	35	6.16	913,023	473,034	439,989
Other ministries
Capital leases less than $10,000,000				637	19	618
Total				4,412,084	1,518,768	2,893,316
Table notes 9 General notes: The dash means that the amount is 0 or is rounded to 0. A blank cell means there is no available data. Table note 7 For lessors and lessees, the financing rate of a lease agreement is subject to change over the term of lease. Return to table note 7 referrer

Minimum lease payments related to capital leases

**Table 6.14**
**Minimum lease payments related to capital leases**
(in thousands of dollars)
	2020	2021	2022	2023	2024	2025 and subsequent	Total
	Payments due by March 31
Canadian Heritage and Multiculturalism
Canadian Broadcasting Corporation
Remaining payments	706	690	690	4,026	–	–	6,112
Imputed interest	123	110	97	22	–	–	352
Subtotal	583	580	593	4,004	–	–	5,760
Canadian Museum of Nature
Remaining payments	3,500	3,500	3,500	3,500	3,500	26,250	43,750
Imputed interest	2,435	2,325	2,203	2,068	1,919	7,792	18,742
Subtotal	1,065	1,175	1,297	1,432	1,581	18,458	25,008
Canadian Race Relations Foundation
Remaining payments	–	–	1	1	1	–	3
Imputed interest	–	–	–	–	–	–	–
Subtotal	–	–	1	1	1	–	3
National Film Board
Remaining payments	44	45	22	–	–	–	111
Imputed interest	2	1	–	–	–	–	3
Subtotal	42	44	22	–	–	–	108
Environment and Climate Change
Department of the Environment
Remaining payments	1,300	1,300	1,300	1,300	1,300	3,900	10,400
Imputed interest	461	414	364	312	256	401	2,208
Subtotal	839	886	936	988	1,044	3,499	8,192
Parks Canada Agency
Remaining payments	508	403	403	403	402	385	2,504
Imputed interest	115	94	74	52	29	104	468
Subtotal	393	309	329	351	373	281	2,036
National Defence
Department of National Defence
Remaining payments	49,837	14,248	7,636	7,561	7,561	26,920	113,763
Imputed interest	4,481	2,746	2,276	1,986	1,677	3,928	17,094
Subtotal	45,356	11,502	5,360	5,575	5,884	22,992	96,669
Natural Resources
Department of Natural Resources
Remaining payments	4,372	4,372	4,372	4,372	4,372	50,786	72,646
Imputed interest	1,023	967	910	853	794	4,599	9,146
Subtotal	3,349	3,405	3,462	3,519	3,578	46,187	63,500
Public Safety and Emergency Preparedness
Royal Canadian Mounted Police
Remaining payments	1,774	1,490	1,206	1,206	1,206	12,565	19,447
Imputed interest	699	651	617	583	548	3,034	6,132
Subtotal	1,075	839	589	623	658	9,531	13,315
Public Services and Procurement
Department of Public Works and Government Services
Remaining payments	237,735	217,060	207,643	204,479	204,918	1,915,342	2,987,177
Imputed interest	107,812	101,209	95,207	89,135	82,686	506,988	983,037
Subtotal	129,923	115,851	112,436	115,344	122,232	1,408,354	2,004,140
Defence Construction (1951) Limited
Remaining payments	83	48	19	2	–	–	152
Imputed interest	3	2	–	–	–	–	5
Subtotal	80	46	19	2	–	–	147
Shared Services Canada
Remaining payments	57,788	62,390	47,091	28,090	26,857	20,143	242,359
Imputed interest	3,292	2,329	1,418	874	495	120	8,528
Subtotal	54,496	60,061	45,673	27,216	26,362	20,023	233,831
Transport
Department of Transport
Remaining payments	66,999	63,871	64,835	65,815	66,809	584,694	913,023
Imputed interest	41,856	37,583	37,351	37,080	36,766	282,398	473,034
Subtotal	25,143	26,288	27,484	28,735	30,043	302,296	439,989
Other ministries
Remaining payments	280	201	118	37	1	–	637
Imputed interest	11	7	1	–	–	–	19
Subtotal	269	194	117	37	1	–	618
Total	262,613	221,180	198,318	187,827	191,757	1,831,621	2,893,316
Summary
Remaining payments	424,926	369,618	338,836	320,792	316,927	2,640,985	4,412,084
Imputed interest	162,313	148,438	140,518	132,965	125,170	809,364	1,518,768
Net obligation	262,613	221,180	198,318	187,827	191,757	1,831,621	2,893,316
Table notes 10 General notes: The dash means that the amount is 0 or is rounded to 0.

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Date modified:: 2020-12-16

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