Federal government enterprises finance

Federal government business enterprises (including monetary authorities) earned an after-tax profit of $4.6 billion in 2001, down 6.6% from 2000. Monetary authorities (Bank of Canada and Exchange Fund Account) accounted for $4.2 billion of this total, a decrease of $0.3 billion (-6.3%) from 2000.

Total assets of federal government business enterprises increased by $14.4 billion, or 9.3%, to $169.5 billion at the end of 2001. Gross debt (total liabilities) reached $161.8 billion, up $13.6 billion or 9.2% from 2000. As a result, total net worth increased by $0.8 billion to $7.7 billion in 2001.

Note: The government business enterprise component contains all entities that are controlled by a government, engaged in commercial operations and are similar in motivation to private business enterprises. It is divided into federal government business enterprises, provincial and territorial government business enterprises, and local government business enterprises. For example, the provincial and territorial government business enterprises are involved in activities such as hydroelectricity, gaming, and liquor sales.

Available on CANSIM: tables 385-0011 to 385-0013.

Definitions, data sources and methods: survey number 1730.

Data are available through custom and special tabulation. For more information on the products or services of the Public Institutions Division, contact Joanne Rice (613-951-0767; joanne.rice@statcan.gc.ca).

To enquire about the concepts, methods or data quality of this release, contact Jean-Marc de Beaumont (613-951-1829; jean-marc.de-beaumont@statcan.gc.ca) or Guy Ladouceur (613-951-1847; guy.ladouceur@statcan.gc.ca), Public Institutions Division.