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

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Revenues, expenses and accumulated deficit

Table 3.1
Revenues, expenses and accumulated deficit
(in millions of dollars)
Revenues
	2018	2017 Restated^{Link to footnote 1}
Tax revenues, Table 3.2	263,088	244,315
Employment insurance premiums	21,140	22,125
Other revenues, Table 3.4	29,378	27,055
Total revenues	313,606	293,495
Expenses
Transfer payments	211,448	201,170
Other expenses^{Link to footnote 1}	99,230	90,050
Total program expenses	310,678	291,220
Public debt charges^{Link to footnote 1}, Table 3.8	21,889	21,232
Total expenses, Table 3.6	332,567	312,452
Annual deficit	(negative 18,961)	(negative 18,957)
Accumulated deficit at beginning of year	(negative 651,540)	(negative 634,440)
Other comprehensive (loss) income	(negative 753)	1,857
Accumulated deficit at end of year	(negative 671,254)	(negative 651,540)
Table notes Table note 1 Details on the restatement are provided in Note 2 in Section 2 of this volume. Return to table note 1 referrer