List of Components of Outlay and Savings for Income and Outlay Account, Government

1. - Purchases of goods and services from business

2. - Purchases of goods and services receipts from sales to business

'Purchases of goods and services receipts from sales to business' also includes sales to persons. This component should be subtracted as it contributes negatively to the sum.

3. - Purchases of goods and services from government, direct labour services

'Purchases of goods and services from government, direct labour services' excludes wages, salaries and supplementary labour income paid to residents by foreign governments located in Canada.

4. - Purchases of goods and services from government, consumption of capital

5. - Purchases of goods and services from non-residents

6. - Current transfers to persons

'Current transfers from government to households' includes Payments such as the Child Tax Benefit Child Tax Credit, Employment Insurance benefits, old age security benefits, welfare payments, scholarships and research grants, workers' compensation benefits, grants to Aboriginal peoples and their organizations, pensions paid under the Canada and Quebec pension plans, and veterans' allowances.

7. - Current transfers to business, subsidies

'Subsidies' refers to current unrequited payments that government units, including non-resident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell or import. They are receivable by resident producers or importers. In the case of resident producers, they may be designed to influence their levels of production, the prices at which their outputs are sold or the remuneration of the institutional units engaged in production. Subsidies have the same impact as negative taxes on production in so far as their impact on the operating surplus is in the opposite direction to that of taxes on production. Subsidies are not payable to final consumers; current transfers that governments make directly to households as consumers are treated as social benefits. Subsidies do not include grants that governments make to enterprises in order to finance their capital formation, or to compensate them for damage to their capital assets, such grants being treated as capital transfers. Included are transfers to public corporations and other enterprises that are intended to compensate for operating losses.

8. - Current transfers to business, capital assistance to corporate and government business enterprises

9. - Current transfers to business, capital assistance to unincorporated business

10. - Current transfers to non-residents, official contributions

11. - Current transfers to non-residents, other (pensions)

12. - Interest on the public debt to corporate and government business enterprises

'Interest on the public debt to corporate and government business enterprises' also includes interest on public debt paid to residents.

13. - Interest on the public debt to non-residents

14. - Government, saving