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($ millions) | Forecast Spending 2007–08 |
Planned Spending 2008–09 |
Planned Spending 2009–10 |
Planned Spending 2010–11 |
Transfer and Taxation Payment Program | ||||
Issuance and payments of demand notes to the International Development Agency1 | — | — | — | — |
Payments and encashment of notes issued to the EBRD—capital subscriptions2 | 5.2 | 3.1 | 1.7 | — |
Total | 5.2 | 3.1 | 1.7 | — |
Notes:
1. Zero dollar appropriations are required for parliamentary approval in the Main Estimates of the L10 Vote for the issuance of demand notes to the International Development Agency. The encashment of each of these notes is covered under separate statutory payments in the Main Estimates.
2. The decrease in the payments and encashment of notes to the EBRD is consistent with the agreed-upon schedule of Canada's payments and encashment for the capital subscription of the EBRD.