Special Note: Estimated Calculated Financial Assets (CFA) Table, Reference Tax Year 2016

For 2016 reference year, this is a custom version of the regular CFA table. The CFA table is based in part on grossing up the income from dividends reported on the T1 by the monthly dividend yield at the end of each month (we add the yield for all months and then we divide by 12). This statistics which we use to obtain from the Bank of Canada was discontinued (last published for August 2016). Therefore, the usual yearly average based on the dividend yield at the end of each month is not available for the production of the standard version of the CFA table for 2016 reference year. We have nevertheless produced the CFA table for 2016, but the gross up factor for dividends is only based on the average from the first 8 months of 2016 for the dividend yield. As for the five-year average of the monthly bank rate which is used to gross up the other component for the CFA, income from bank interest and investments, the monthly bank rate was available for all of 2016 and this source of monthly information continues to be available