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Table E.4 Sector accounts - Government

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Item	First quarter 2008	Second quarter 2008	Third quarter 2008	Fourth quarter 2008	First quarter 2009	Second quarter 2009	2007	2008
Item	seasonally adjusted data at annual rates
Notes: The first line is the series itself expressed in millions of dollars, seasonally adjusted at annual rates. The second line is the period to period percentage change. 1. In GDP, government current expenditure is recorded on a net basis, that is , after deduction of sales of goods and services. In the government sector accounts, sales of goods and services to other sectors are shown separately as part of revenue, and current expenditure is recorded on a gross basis, which leaves saving unchanged. Source: Statistics Canada, Canadian Economic Accounts Quarterly Review, catalogue number 13-010-X.
Income
Millions of dollars	632,660	642,976	645,844	622,236	596,204	582,868	623,174	635,929
Percentage change, preceding period	0.2	1.6	0.4	-3.7	-4.2	-2.2	5.2	2.0
Taxes on incomes
Millions of dollars	261,684	262,336	264,612	253,872	239,912	225,356	255,364	260,626
Percentage change, preceding period	1.5	0.2	0.9	-4.1	-5.5	-6.1	8.2	2.1
Contributions to social insurance plans
Millions of dollars	71,304	71,188	70,264	70,784	70,420	69,916	70,467	70,885
Percentage change, preceding period	0.5	-0.2	-1.3	0.7	-0.5	-0.7	2.5	0.6
Taxes on production and imports
Millions of dollars	181,304	182,864	183,200	180,204	177,244	178,168	182,590	181,893
Percentage change, preceding period	-2.1	0.9	0.2	-1.6	-1.6	0.5	3.2	-0.4
Other current transfers from persons
Millions of dollars	12,332	12,556	12,700	12,808	11,780	11,888	11,961	12,599
Percentage change, preceding period	0.7	1.8	1.1	0.9	-8.0	0.9	6.5	5.3
Investment income
Millions of dollars	56,664	64,012	64,552	53,324	45,240	45,508	54,337	59,638
Percentage change, preceding period	1.9	13.0	0.8	-17.4	-15.2	0.6	2.1	9.8
Sales of goods and services¹
Millions of dollars	49,372	50,020	50,516	51,244	51,608	52,032	48,455	50,288
Percentage change, preceding period	-0.1	1.3	1.0	1.4	0.7	0.8	5.1	3.8
Outlay
Millions of dollars	606,376	607,524	609,208	617,860	622,636	633,528	580,725	610,242
Percentage change, preceding period	2.7	0.2	0.3	1.4	0.8	1.7	5.0	5.1
Gross current expenditure on goods and services¹
Millions of dollars	355,840	362,724	365,872	371,392	375,296	380,544	343,231	363,957
Percentage change, preceding period	1.8	1.9	0.9	1.5	1.1	1.4	6.2	6.0
Current transfers
Millions of dollars	187,220	182,096	180,784	185,904	188,924	193,704	174,042	184,001
Percentage change, preceding period	5.0	-2.7	-0.7	2.8	1.6	2.5	4.3	5.7
Interest on the public debt
Millions of dollars	63,316	62,704	62,552	60,564	58,416	59,280	63,452	62,284
Percentage change, preceding period	0.9	-1.0	-0.2	-3.2	-3.5	1.5	0.7	-1.8
Saving
Millions of dollars	26,284	35,452	36,636	4,376	-26,432	-50,660	42,449	25,687
Percentage change, preceding period	-35.3	34.9	3.3	-88.1	...	...	8.3	-39.5
Gross saving and capital transfers
Millions of dollars	55,236	65,092	67,700	33,368	3,500	-20,496	68,785	55,349
Percentage change, preceding period	-18.4	17.8	4.0	-50.7	-89.5	...	8.7	-19.5
Saving
Millions of dollars	26,284	35,452	36,636	4,376	-26,432	-50,660	42,449	25,687
Percentage change, preceding period	-35.3	34.9	3.3	-88.1	...	...	8.3	-39.5
Capital consumption allowances
Millions of dollars	29,840	30,516	31,224	31,896	32,532	33,276	28,510	30,869
Percentage change, preceding period	2.1	2.3	2.3	2.2	2.0	2.3	7.8	8.3
Net capital transfers
Millions of dollars	-888	-876	-160	-2,904	-2,600	-3,112	-2,174	-1,207
Percentage change, preceding period	...	...	...	...	...	...	...	...
Deduct: Non-financial capital acquisition
Millions of dollars	49,740	52,188	54,724	56,692	57,620	58,848	44,563	53,336
Percentage change, preceding period	6.9	4.9	4.9	3.6	1.6	2.1	10.0	19.7
Net lending
Millions of dollars	5,496	12,904	12,976	-23,324	-54,120	-79,344	24,222	2,013
Transactions in financial assets
Millions of dollars	33,220	72,236	77,636	222,760	166,544	73,372	33,795	101,463
Currency and deposits
Millions of dollars	8,624	1,008	7,260	81,280	11,484	-29,452	2,116	24,543
Loans
Millions of dollars	3,548	4,324	2,672	2,448	408	5,268	2,175	3,248
Canadian securities
Millions of dollars	23,084	22,660	11,228	-6,748	-30,392	35,832	15,481	12,556
Other financial assets
Millions of dollars	-2,036	44,244	56,476	145,780	185,044	61,724	14,023	61,116
Transactions in liabilities
Millions of dollars	38,536	63,732	67,132	245,596	221,492	156,028	11,136	103,749
Bank and other loans
Millions of dollars	992	1,168	1,504	1,384	3,144	1,068	1,126	1,262
Short-term paper
Millions of dollars	688	57,068	51,056	213,380	64,424	17,296	-3,043	80,548
Bonds
Millions of dollars	8,520	16,348	2,304	48,476	150,964	100,872	4,713	18,912
Other liabilities
Millions of dollars	28,336	-10,852	12,268	-17,644	2,960	36,792	8,340	3,027
Net financial investment
Millions of dollars	-5,316	8,504	10,504	-22,836	-54,948	-82,656	22,659	-2,286
Sector discrepancy
Millions of dollars	10,812	4,400	2,472	-488	828	3,312	1,563	4,299