Marginal note:Definitions

• 4. (1) The following definitions apply in this Part.

  “eligible revenues”

  « revenus admissibles »

  “eligible revenues” means, in respect of a territory for a fiscal year, the amount equal to the product obtained by multiplying the fiscal capacity of that territory for that fiscal year by 0.70.

  “fiscal capacity”

  « capacité fiscale »

  “fiscal capacity” means, in respect of a territory for a fiscal year, the amount determined by the formula

  (A + B + C) / 3 + D

  where

  A 

  is the aggregate of the yields in that territory for each revenue source for the fiscal year that is two years prior to that fiscal year;

  B 

  is the aggregate of the yields in that territory for each revenue source for the fiscal year that is three years prior to that fiscal year;

  C 

  is the aggregate of the yields in that territory for each revenue source for the fiscal year that is four years prior to that fiscal year; and

  D 

  is the revenue block for that fiscal year.

  “gross expenditure base”

  « base des dépenses brutes »

  “gross expenditure base” means,

  • (a) for the fiscal year beginning on April 1, 2006, an amount equal to

    • (i) $593,265,276 in respect of Yukon,

    • (ii) $922,797,073 in respect of the Northwest Territories, and

    • (iii) $931,390,618 in respect of Nunavut; and

  • (b) in respect of a territory, for each subsequent fiscal year, an amount determined by the formula

    (A × B) + C

    where

    A 

    is the amount determined to be the gross expenditure base for that territory for the fiscal year preceding that fiscal year,

    B 

    is the population adjusted gross expenditure escalator for that territory for that fiscal year, and

    C 

    is the gross expenditure base adjustment determined under paragraph 4.2(a) for that territory for that fiscal year.

  “national average rate of tax”

  « taux d’imposition national moyen »

  “national average rate of tax” means, in respect of a revenue source, the rate equal to the quotient obtained by dividing the aggregate of the revenue to be equalized for a revenue source for a fiscal year for all provinces and territories by the revenue base in respect of that revenue source for that fiscal year for all provinces and territories.

  “population adjusted gross expenditure escalator”

  « facteur de majoration des dépenses brutes rajustées en fonction de la population »

  “population adjusted gross expenditure escalator” means, in respect of a territory for a fiscal year, a factor equal to the product obtained by multiplying

  • (a) the population adjustment factor for that territory for the fiscal year that is two years prior to that fiscal year

  by

  • (b) the provincial local government expenditure index for the fiscal year that is two years prior to that fiscal year.

  “population adjustment factor”

  « facteur de rajustement en fonction de la population »

  “population adjustment factor” means, in respect of a territory for a fiscal year, the measure of the population growth of that territory relative to the population growth of Canada and may be defined more particularly by the regulations.

  “provincial local government expenditure index”

  « indice provincial des dépenses des administrations locales »

  “provincial local government expenditure index” means, for a fiscal year, the measure of changes in provincial and territorial government spending on programs and services and may be defined more particularly by the regulations.

  “revenue base”

  « assiette »

  “revenue base” means, in respect of a revenue source for a territory for a fiscal year, the measure of the relative capacity of that territory to derive revenue from that revenue source for that fiscal year and may be defined more particularly by the regulations.

  “revenue block”

  « bloc de revenus »

  “revenue block” means,

  • (a) for the fiscal year beginning on April 1, 2006, an amount equal to

    • (i) $54,530,841 in respect of Yukon,

    • (ii) $107,538,446 in respect of the Northwest Territories, and

    • (iii) $89,338,774 in respect of Nunavut; and

  • (b) in respect of a territory, for each subsequent fiscal year, the amount equal to the product obtained by multiplying the amount of the revenue block for the previous fiscal year for that territory by 1.02.

  “revenue source”

  « source de revenu »

  “revenue source” means any of the following sources from which territorial revenues are or may be derived:

  • (a) revenues derived from personal income;

  • (b) revenues derived from corporate income and government business enterprises;

  • (c) revenues derived from tobacco;

  • (d) revenues derived from motive fuel taxes from the sale of gasoline;

  • (e) revenues derived from motive fuel taxes from the sale of diesel fuel;

  • (f) revenues derived from the sale of alcoholic beverages; and

  • (g) revenues derived from payroll taxes.

  “revenue to be equalized”

  « revenu sujet à péréquation »

  “revenue to be equalized”, in respect of a revenue source for a territory for a fiscal year, means the revenue, as determined by the Minister, derived by that territory for that fiscal year from that revenue source and may be defined more particularly by the regulations.

  “superannuation adjustment”

  « montant de l’indexation des pensions »

  “superannuation adjustment” means,

  • (a) for the fiscal year beginning on April 1, 2006, an amount equal to

    • (i) $12,471,453 with respect to Yukon,

    • (ii) $18,340,573 with respect to the Northwest Territories, and

    • (iii) $11,108,311 with respect to Nunavut; and

  • (b) in respect of a territory, for each subsequent fiscal year, the amount determined by the Minister of Public Works and Government Services to be equal to, with respect to the fiscal year that is two years prior to that fiscal year, the difference between the amount of the superannuation contribution that is payable by that territory under the Public Service Superannuation Act and the amount that would be payable by that territory under that Act as it read on June 16, 1999.

  “yield”

  « rendement »

  “yield” means, in respect of a territory for a revenue source for a fiscal year, an amount equal to the aggregate of

  • (a) the product obtained by multiplying the national average rate of tax for that revenue source for that fiscal year by that territory’s revenue base in respect of that revenue source for that fiscal year, and

  • (b) the yield adjustment determined under paragraph 4.2(b) for that fiscal year.

• Marginal note:Determination of gross expenditure base

  (2) For the purposes of the definition “gross expenditure base” in subsection (1), the amount determined to be the gross expenditure base in respect of a territory for any preceding fiscal year may be recalculated by the Minister at any time to take into account changes to the prescribed data relating to the population adjusted gross expenditure escalator.