Table 2
Trusteed pension funds: Revenue and expenditures
| Fourth quarter 2016p | First quarter 2017p | Fourth quarter 2016 to first quarter 2017 | |
|---|---|---|---|
| millions of dollars | millions of dollars | % change | |
| Total revenue | 56,662 | 48,303 | -14.8 |
| Revenue from contributions | 15,686 | 13,195 | -15.9 |
| Investment income | 17,740 | 11,962 | -32.6 |
| Net profit on sale of securities | 21,024 | 21,933 | 4.3 |
| Miscellaneous revenue | 1,780 | 890 | -50.0 |
| Revenue, funds under $10 million | 432 | 324 | -25.0 |
| Total expenditures | 22,394 | 21,135 | -5.6 |
| Pension payments out of funds | 15,675 | 15,457 | -1.4 |
| Cost of pensions purchased | 148 | 133 | -10.1 |
| Cash withdrawals | 2,249 | 2,307 | 2.6 |
| Administration costs | 1,872 | 1,567 | -16.3 |
| Net loss on sale of securities | 933 | 594 | -36.3 |
| Other expenditures | 1,358 | 934 | -31.2 |
| Expenditures, funds under $10 million | 159 | 143 | -10.1 |
| Net income | 34,268 | 27,168 | -20.7 |
p
preliminary
Source(s):
CANSIM table 280-0004.
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