4.2 Financial reporting accounts—Liabilities—Summary for 2016-2017

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The financial reporting accounts used for government-wide reporting purposes are included in this section. Financial reporting accounts identify the relevant asset, liability, equity, revenue and expense accounts required for financial reporting (maintaining accounts in a General Ledger) and for preparing financial statements.

4.2 Financial reporting accounts—Liabilities— Detailed for 2016-2017

2: Liabilities
21: Current Liabilities
211: Accounts Payable
2111: Accounts Payable Regular
21111: Accounts Payable Ongoing
21112: Accrued Salaries and Wages
21113: Accrued Liabilities ^{Note 1}
21115: Year End accrual—pending Budget Implementation Act
21117: Accrued Interest Payable on Regular (Trade) Payables
21119: Other Payables
2112: Unpaid Payroll Deductions
21121: Income Taxes Payable (to Government of Canada)
21122: Canada Pension Plan (CPP) Payable
21123: Employment Insurance (EI) Payable
21124: Superannuation Deducted ^{Note 16}
21125: Retirement Compensation Accounts Deducted
21126: Other Deductions Payable to the Government of Canada
21127: Deductions Payable to Outside Parties
21128: Departmental Paylist Deductions
21129: Other Unpaid Payroll Deductions
2113: Accounts Payable Interdepartmental
21132: Other Government Departments (OGD)—Accounts Payable ^{Note 42} ^{Note 44} ^{Note 49}
21134: Goods and Services Tax (GST) (including Harmonized Sales Tax—HST) Payable to Canada Revenue Agency (CRA) ^{Note 22}
21135: Interdepartmental Settlement (IS) Debits in Transit to the Receiver General (for Debtor Initiated IS) ^{Note 49}
21136: Quebec Sales Tax (QST) Payable to Government Departments
2114: Notes Payable
21141: Notes Payable to International Development Association
21142: Notes Payable to Development Banks
21143: Notes Payable to International Financial Institutions
21149: Notes Payable to Other International Organizations and Banks
2115: Other Accounts Payable
21151: Provincial Sales Tax, excluding Harmonized Sales Tax (HST)
21152: Consolidated Crown Corporations and Other Entities
21153: Contractor's Holdback
21154: Accrued Interest Payable on Capital Leases
21155: Amounts Owing to Banks under Direct Financing Arrangements pursuant to the Canada Student Financial Assistance Act (CSFA)
21156: Account Payable to Other Levels of Government (contra asset)
21157: Revaluation of Foreign Currency Forward Contract
21159: Other Accounts Payable
2116: Accounts Payable by Canada Revenue Agency (CRA)—Tax Revenue
21161: Personal and Non—Residents Tax Payable Account
21162: Corporate Income Taxes Payable
21163: Goods and Services Tax (GST)
21164: Accounts Payable Provincial Sales Tax
21165: Accounts Payable Nova Scotia Worker Compensation
21166: Accounts Payable to the Ministry of Revenue Quebec (MRQ) by Canada Revenue Agency (CRA)
21167: Accounts Payable to Provinces—Other Taxes
21169: Other Tax Revenues Payable
2117: Accounts Payable—Tax Revenue—Interdepartmental Allocations
21171: Canada Pension Plan Premiums Payable to the Department of Social Development
21172: Employment Insurance Contributions Payable to Human Resources and Skills Development (HRSD)
21173: Old Age Security Overpayments Payable to the Department of Social Development
21174: T1 (Individual) Provincial and Territorial Tax Collections Payable to Finance
21175: Provincial Benefit Programs Payable to Canada Revenue Agency (CRA)
21176: Harmonized Sales Tax (HST) Payable to Finance (used by Canada Revenue Agency—CRA)
21177: T2 (Corporate) Provincial and Territorial Tax Collections Payable to Finance
21179: Other Payables
212: Interest and Matured Debt
2121: Matured Debt
21211: Marketable Bonds
21212: Canada Savings Bonds
21213: Treasury Bills
21214: Matured Debt in Foreign Currencies
2122: Interest Due on Unmatured Debt
21221: Interest Due
21222: Compound Interest on Canada Savings Bonds
21223: Interest Due on Coupons
2123: Interest Accrued on Unmatured Debt
21231: Interest Accrued on Marketable Bonds
21232: Interest Accrued on Canada Savings Bonds
21233: Interest Accrued on Special Non—Marketable Bonds Issued to Canada Pension Plan (CPP) Investment Fund
21234: Interest Accrued on Unmatured Debt in Foreign Funds
21235: Interest Accrued on Other Liabilities
21236: Interest Accrued for Promissory Notes
21237: Interest Accrued for Medical Equipment Trust
213: Current Portion of Long—Term Debt
2131: Unmatured Debt in Canadian Currency
21311: Marketable Bonds
21312: Canada Savings Bonds
21313: Treasury Bills
2132: Unmatured Debt in Foreign Currency
21321: Marketable Bonds
214: Allowances
2141: Allowance for Employee Benefits ^{Note 23}
21410: Allowance for Maternity/Parental Leave
21411: Allowance for Vacation Pay
21412: Allowance for Termination Benefits—Work Force Adjustment
21413: Allowance for Retroactive Salaries
21414: Allowance for Time—Off in Lieu
21415: Allowance for severance benefits—departments
21416: Allowance for Termination Benefits—Departments
21417: Allowance for Other Employee Benefits
21418: Consolidated Crown Corporations and Other Entities
21419: Allowance for Sick Leave Benefit Plan—Departments
2142: Allowance for Borrowings of Crown Corporations
21421: Total Borrowings of Agent Enterprise Crown Corporations
21422: Borrowings of Agent Enterprise Crown Corporations Expected to be Repaid
21423: Total Borrowings of Consolidated Crown Corporations
21424: Borrowings of Consolidated Crown Corporations Expected to be Repaid
2143: Other Allowances
21431: Allowance for Accrued Items
21432: Allowance for Loan Guarantees
21433: Allowance for claims and pending and threatened litigations
2144: Allowances for Other Valuation Amounts
21441: Income Tax Refunds
21442: Petroleum Industry Refunds
21443: Harmonized Sales Tax (HST) Payable to Provinces
215: Other Current Liabilities
2151: Deferred Revenues
21510: Deferred Revenues
21511: Lease Inducement
216: Suspense Accounts
2161: General Suspense Accounts
21611: General Suspense Accounts
21612: Intradepartmental Clearing Account
21613: Garnisheed Salaries
21614: Family Orders
21615: Undistributed/Unmatched IS Suspense ^{Note 13} ^{Note 47}
2162: Special Suspense Accounts
21621: Other Government Department (OGD) Suspense
21622: Public Service Superannuation Act (PSSA) / Supplementary Retirements Benefit Account (SRBA) Suspense Clearing
21623: Unclaimed Cheque Suspense
21624: Interdepartmental Settlement Suspense
21625: Contributed Capital Suspense
21626: Reallocation of Internal/External Codes for Interdepartmental Settlement (IS) Transactions
21627: Suspense for Proceeds from Asset Sales ^{Note 20}
22: Pension Accounts
221: Canada Pension Plan (CPP)
2211: Canada Pension Plan Account
22110: Canada Pension Plan Account—Cumulative Funds under Administration
22111: Canada Pension Plan (CPP)—Cumulative Transfers to CPP Investment Board
2212: Securities Held by Canada Pension Plan (CPP) Investment Fund
22121: Provincial and Territorial Bonds Held by Canada Pension Plan (CPP) Investment Fund
22123: Investments of the Government of Canada
2213: Canada Pension Plan (CPP) Short Term Investments Held
22130: Canada Pension Plan—Short Term Investments Held
222: Public Sector Pensions ^{Note 19}
2221: Public Service Pensions
22211: Public Service Superannuation Account
22212: Public Service Superannuation Investment Fund
22213: Public Service Pension Fund
2222: Canadian Forces Pensions
22221: Canadian Forces Superannuation Account
22222: Canadian Forces Superannuation Investment Fund
22223: Canadian Forces Pension Fund
22224: Reserve Force Pension Fund
2223: Royal Canadian Mounted Police (RCMP) Pensions
22231: Royal Canadian Mounted Police (RCMP) Superannuation Account
22232: Royal Canadian Mounted Police (RCMP) Superannuation Investment Fund
22233: Royal Canadian Mounted Police (RCMP) Pension Fund
2224: Members of Parliament Retiring Allowances Accounts
22241: Members of Parliament Retiring Allowances Account (House of Commons)
22242: Senators Retiring Allowances Accounts
2225: Members of Parliament Retirement Compensation Arrangements (RCA) Account
22251: Retirement Compensation Arrangements (RCA) Account—House of Commons
22252: Retirement Compensation Arrangements (RCA)—House of Commons—Cumulative Tax Withheld Recoverable
22255: Retirement Compensation Arrangements (RCA) Account—Senate
22256: Retirement Compensation Arrangements (RCA) Account— Senate—Cumulative Tax Withheld Recoverable
223: Retirement Compensation Arrangements Account (RCA)
2231: Retirement Compensation Arrangements (RCA) Account No. 1—Public Servants
22311: Retirement Compensation Arrangements (RCA) No. 1—Public Servants General Account
22312: Retirement Compensation Arrangements (RCA) No. 1—Public Servants Cumulative Tax Withheld Recoverable
2232: Retirement Compensation Arrangements (RCA) Account No. 1—National Defence
22321: Retirement Compensation Arrangements (RCA) Account No. 1—National Defence General Account
22322: Retirement Compensation Arrangements (RCA) Account No. 1—National Defence Cumulative Tax Withheld Recoverable
2233: Retirement Compensation Arrangements (RCA) Account No. 1—Royal Canadian Mounted Police (RCMP)
22331: Retirement Compensation Arrangements (RCA) Account No. 1—Royal Canadian Mounted Police (RCMP)—General Account
22332: Retirement Compensation Arrangements (RCA) No. 1—Royal Canadian Mounted Police (RCMP)—Cumulative Tax Withheld Recoverable
2234: Retirement Compensation Arrangements (RCA) Account No. 2—Public Servants
22341: Retirement Compensation Arrangements (RCA) No. 2—Public Servants General Account
22342: Retirement Compensation Arrangements (RCA) No. 2—Public Servants—Cumulative Tax Remitted Recoverable
224: Other Public Sector Pension Accounts
2241: Supplementary Retirements Benefit Account (SRBA)
22412: Supplementary Retirements Benefit Account (SRBA)—Judges
22413: Supplementary Retirements Benefit Account (SRBA)—Lieutenant Governors (LGSA)
22414: Supplementary Retirements Benefit Account (SRBA)—Diplomatic DSSSA
22415: Supplementary Retirements Benefit Account (SRBA)—Parliament
22416: Supplementary Retirements Benefit Account (SRBA)—Royal Canadian Mounted Police Pension Continuation Act
22417: Supplementary Retirements Benefit Account (SRBA)—Defence Service Pension Continuation Act
2242: Pension Liabilities Under Other Superannuation Acts
22422: Judges Act—Pension Liability
22423: Lieutenant Governors Superannuation Act—Pension Liability
22424: Diplomatic Services Superannuation Act—Pension Liability
22426: Royal Canadian Mounted Police Continuation Act—Pension Liability
22427: Defence Services Pension Continuation Act—Pension Liability
22429: Other Pension Liabilities
225: Allowance for Pension Adjustments ^{Note 18}
2251: Allowance for Pension Adjustments General Accounts
22511: Public Service Superannuation Account (PSSA)—Allowance for Pension Adjustments
22512: Canadian Forces Superannuation Act (CFSA)—Allowance for Pension Adjustments
22513: Royal Canadian Mounted Police Superannuation Account—Allowance for Pension Adjustments
22514: Members of Parliament Retiring Allowances Account—Allowance for Pension Adjustments
22515: Members of Parliament(MP) Retirement Compensation Arrangements (RCA)—Allowance for Pension Adjustments
22516: Public Service Pension Fund—Allowance for Pension Adjustments
22517: Canadian Forces (CF) Pension Fund—Allowance for Pension Adjustments
22518: Royal Canadian Mounted Police (RCMP) Pension Fund—Allowance for Pension Adjustments
22519: Reserve Force Pension Fund—Allowance for Pension Adjustments
2252: Allowance for Pension Adjustments — Retirement Compensation Arrangements (RCA) Accounts
22521: Retirement Compensation Arrangements (RCA) No. 1—Public Servants—Allowance for Pension Adjustments
22522: Retirement Compensation Arrangements (RCA) No. 1—National Defence—Allowance for Pension Adjustments
22523: Retirement Compensation Arrangements (RCA) No. 1—Royal Canadian Mounted Police—Allowance for Pension Adjustments
22524: Retirement Compensation Arrangements (RCA) No. 2—Public Servants—Allowance for Pension Adjustments
2253: Allowance for Pension Adjustments — Supplementary Retirements Benefit Account (SRBA)
22532: Supplementary Retirements Benefit Account (SRBA)—Judges Allowance for Pension Adjustments
22533: Supplementary Retirements Benefit Account (SRBA)—Lieutenant Governors (LGSA)—Allowance for Pension Adjustments
22534: Supplementary Retirements Benefit Account (SRBA)—Diplomatic DSSSA—Allowance for Pension Adjustments
22535: Supplementary Retirements Benefit Account (SRBA)—Parliament—Allowance for Pension Adjustments
22536: Supplementary Retirements Benefit Account (SRBA)—RCMP Continuation Act Allowance for Pension Adjustments
22537: Supplementary Retirements Benefit Account (SRBA)—Defence Service Pension Continuation Act Allowance for Pension Adjustments
2254: Allowance for Pension Adjustments—Other Accounts
22549: Other Pension Accounts—Allowance for Pension Adjustments
2255: Consolidated Crown Corporations’ Pension Liabilities
22551: Consolidated Crown Corporations’ Funded Pension Liabilities
22552: Consolidated Crown corporations’ Unfunded Pension Liabilities
226: Insurance, Death Benefit and Other Pension Accounts
2261: Insurance Accounts
22611: Civil Service Insurance Fund
22612: Veterans Insurance Fund
22613: Insurance Company Liquidation Accounts
22614: Returned Soldiers Insurance Fund
22618: Insurance Company Liquidation Contra Account
22619: Other Insurance Accounts
2262: Death Benefit Accounts
22621: Public Service Death Benefit Account
22622: Regular Forces Death Benefit Account
22629: Other Death Benefit Accounts
2263: Other Pension Accounts
22631: Royal Canadian Mounted Police (RCMP)—Dependents Pension Fund
22632: Locally Engaged Contributory Pension Account
22633: Annuity Agent Pension Account
22639: Other Pension Accounts
227: Other Employee Future Benefits
2271: Other Retirement Benefits
22711: Health Care Plan Liability
22712: Dental Plan Liability
2272: Post—Employment Benefits and Compensated Absences
22721: Severance Benefits Liability
22722: Workers' Compensation Liability
22725: Veterans' Benefits Liability
22726: RCMP Benefits Liability
22727: Sick Leave Benefit Plan Liability
22728: Early retirement, severance and other benefits liability for former Cape Breton Development Corporation employees
2273: Consolidated Crown corporations’ other employee future benefit liabilities
22731: Consolidated Crown Corporations’ Other Employee Future Benefit Liabilities
23: Specified Purpose and Other Liability Accounts
231: Government Annuities Account
2311: Government Annuities Account
23110: Government Annuities Account
232: Deposit and Trust Accounts ^{Note 18}
2321: Deposit Accounts
23211: Guarantee Deposits Accounts
23212: Seized Property Cash
23213: Other Deposit Accounts
23214: Securities Held in Trust Deposit Accounts (Contra)
23216: SWAPs Collateral Deposit
23217: Canadian Dairy Commission Account
23218: Canada Development Investment Corporation Holdback
23219: Other Consolidated Crown Corporation Deposit Accounts
2322: Trust Accounts
23221: Indian Band Funds
23222: Indian Savings Accounts
23223: Other Trust Accounts
23224: Securities Held in Trust—Other Trust Accounts (Contra)
23225: Indian Estates Account
23226: Indian Moneys Suspense Account
23229: Consolidated Crown Corporation Trust Accounts
2323: Contractor Security Deposits
23231: Contractor Security Deposits Held in Trust—Bonds
23232: Contractor Security Deposits—Cash and Cheques
23233: Contractor Security Deposits Held in Trust—Certified Cheques
23234: Securities Held in Trust Contractor Deposits Bonds (Contra)
23235: Securities Held in Trust Contractor Deposits Certified Cheques (Contra)
233: Provincial and First Nations Tax Collection Agreements Accounts ^{Note 17}
2331: Provincial Tax Collection Agreements Accounts—Personal Income Taxes
23310: Personal Income Taxes—Calendar Year 2010
23311: Personal Income Taxes—Calendar Year 2011
23312: Personal Income Taxes—Calendar Year 2012
23313: Personal Income Taxes—Calendar Year 2013
23314: Personal Income Taxes—Calendar Year 2014
23315: Personal Income Taxes—Calendar Year 2015
23316: Personal Income Taxes—Calendar Year 2016
23317: Personal Income Taxes—Calendar Year 2017
23318: Personal Income Taxes—Calendar Year 2008
23319: Personal Income Taxes—Calendar Year 2009
2332: Provincial Tax Collection Agreements Accounts — Corporate Income Taxes
23320: Corporate Income Taxes—Calendar Year 2010
23321: Corporate Income Taxes—Calendar Year 2011
23322: Corporate Income Taxes—Calendar Year 2012
23323: Corporate Income Taxes—Calendar Year 2013
23324: Corporate Income Taxes—Calendar Year 2014
23325: Corporate Income Taxes—Calendar Year 2015
23326: Corporate Income Taxes—Calendar Year 2016
23327: Corporate Income Taxes—Calendar Year 2017
23328: Corporate Income Taxes—Calendar Year 2008
23329: Corporate Income Taxes—Calendar Year 2009
2333: Provincial Tax Collection Agreements Accounts—Harmonized Sales Taxes
23330: Harmonized Sales Tax—Calendar Year 2010
23331: Harmonized Sales Tax—Calendar Year 2011
23332: Harmonized Sales Tax—Calendar Year 2012
23333: Harmonized Sales Tax—Calendar Year 2013
23334: Harmonized Sales Tax—Calendar Year 2014
23335: Harmonized Sales Tax—Calendar Year 2015
23336: Harmonized Sales Tax—Calendar Year 2016
23337: Harmonized Sales Tax—Calendar Year 2017
23338: Harmonized Sales Tax—Calendar Year 2008
23339: Harmonized Sales Tax—Calendar Year 2009
2334: First Nations Tax Agreement Accounts
23340: Excise Taxes—Calendar Year 2010
23341: Excise Taxes—Calendar Year 2011
23342: Excise Taxes—Calendar Year 2012
23343: Excise Taxes—Calendar Year 2013
23344: Excise Taxes—Calendar Year 2014
23345: Excise Taxes—Calendar Year 2015
23346: Excise Taxes—Calendar Year 2016
23347: Excise Taxes—Calendar Year 2017
23348: Excise Taxes—Calendar Year 2008
23349: Excise Taxes—Calendar Year 2009
2335: First Nation Goods and Services Tax (FNGST)
23350: First Nation Goods and Services—Calendar Year 2010
23351: First Nation Goods and Services—Calendar Year 2011
23352: First Nation Goods and Services—Calendar Year 2012
23353: First Nation Goods and Services—Calendar Year 2013
23354: First Nation Goods and Services Tax—Calendar Year 2014
23355: First Nation Goods and Services Tax (FNGST)—Calendar Year 2015
23356: First Nation Goods and Services—Calendar Year 2016
23357: First Nation Goods and Services—Calendar Year 2017
23358: First Nation Goods and Services—Calendar Year 2008
23359: First Nation Goods and Services—Calendar Year 2009
234: Other
2341: Major Accounts
23411: Payments in regard to Indian Land Claims
23413: Net Income Stabilization Account
23414: National Defence—Foreign Governments
23415: Communications Security Establishment—Foreign Governments
23418: Funds on Deposit for Military Purchases
23419: Securities Held in Trust for Funds on Deposit for Military Purchases (Contra)
2343: Consolidated Crown Corporations
23431: Telefilm Canada—Advance Account
23439: Other Consolidated Crown Corporations
2344: Other Specified Purpose Accounts
23441: Other Specified Purpose Accounts
23442: Other Specified Purpose Accounts (Contra)
2345: Deferred Revenue—Specified Purpose Accounts
23451: Deferred Revenue—Specified Purpose Accounts
24: Other Long—Term Liabilities
241: Accounts Payable for more than One Year
2411: Long—Term Accounts Payable
24111: Contractors Holdbacks
24112: Future Asset Restoration Liability
24113: Year—end Accruals—Disaster Financial Assistance
24114: Liability for settled claims
24119: Other Accounts Payable (to be defined)
2414: Environmental Liabilities
24141: Remediation Liabilities
24142: Expected Recoveries (Contra account for Remediation Liabilities)
24149: Other environmental liabilities
242: Capital Leases
2421: Capital Leases—Land, Buildings and Works
24211: Capital Leases—Land
24212: Capital Leases—Buildings
24213: Capital Leases—Works and Infrastructure
2422: Capital Leases—Machinery and Equipment
24221: Capital Leases—Machinery and Equipment
24222: Capital Leases—Computer Hardware
24223: Capital Leases—Computer Software
24224: Capital Leases—Arms and Weapons
24229: Capital Leases—Other Equipment Including Furniture
2423: Capital Leases—Vehicles
24231: Capital Leases—Ships and Boats
24232: Capital Leases—Aircraft
24233: Capital Leases—Motor Vehicles (Non—Military)
24234: Capital Leases—Military Vehicles
24239: Capital Leases—Other Vehicles
243: Alternative Financing Arrangements
2431: Alternative Financing Arrangements (Public Private Partnerships)
24311: Obligations related to Alternative Financing Arrangements (Public Private Partnerships)
25: Unmatured Debt
251: Unmatured Debt in Canadian Currency
2511: Marketable Bonds
25111: Marketable Bonds
25112: Real Return Bonds
2512: Canada Savings Bonds
25121: Canada Savings Bonds
2513: Treasury Bills
25130: Treasury Bills
2514: Special Non—Marketable Bonds Issued to Canada Pension Plan (CPP) Investment Fund
25140: Special Non—Marketable Bonds Issued to Canada Pension Plan (CPP) Investment Fund
2515: Other Unmatured Debt in Canadian Currency
25151: Canada Health and Social Transfer (CHST) Supplementary Trust for Health Care
25152: Medical Equipment Trust for Health Care
25159: Other Unmatured Debt
2516: Government Holdings of Unmatured Debt (CONTRA)
25160: Government Holdings of Unmatured Debt
252: Unmatured Debt in Foreign Currency
2521: Marketable Bonds
25211: Marketable Bonds Payable in U.S. Dollars
25212: Marketable Bonds Payable in Japanese Yen
25213: Marketable Bonds Payable in Euro
2522: Canada Bills
25220: Canada Bills
2523: Canada Notes
25230: Canada Notes
2524: Currency Swap Transactions
25241: Net Cross—currency SWAPs revaluation
2528: Government's Holdings and Securities Held for the Retirement of Unmatured Debt
25281: Government's Holdings of Unmatured Debt
25282: Securities Held for the Retirement of Unmatured Debt
2529: Other Unmatured Debt in Foreign Currency
25291: Medium Term Notes
253: Consolidated Crown Corporations and Other Entities
2531: Consolidated Crown Corporations and Other Entities
25311: Consolidated Crown Corporations and Other Entities—Unmatured Debt Held—Treasury Bill
25312: Consolidated Crown Corporations and Other Entities—Unmatured Debt Held—Marketable Bonds
254: Loans or Advances of Specified Purpose Accounts from the Government of Canada
2541: Loans or Advances of Specified Purpose Accounts ^{Note 25}
25411: Loans of Employment Insurance Account
25412: Advances of Crop Re—Insurance Fund
25413: Advances to Agricultural Commodities Stabilization Account

Footnotes

Footnote 1

Accrued liabilities including payables which can be charged against the appropriation as per the PAYE policy. It excludes salary accruals that should be recorded using FRA 21112.

Return to footnote 1 referrer

Footnote 13

The balance in this account must be zero at year-end.

Return to footnote 13 referrer

Footnote 16