Federal-Provincial Fiscal Arrangements Act (R.S.C., 1985, c. F-8)

Act current to 2012-05-02 and last amended on 2011-12-15. Previous Versions

PART I

FISCAL EQUALIZATION PAYMENTS

Fiscal Equalization Payments to Provinces

Marginal note:Fiscal equalization payment

3. Subject to the other provisions of this Act, there may be paid to a province a fiscal equalization payment not exceeding the amounts determined under this Part for each fiscal year in the period beginning on April 1, 2007 and ending on March 31, 2014.

  • R.S., 1985, c. F-8, s. 3;
  • R.S., 1985, c. 11 (3rd Supp.), s. 2;
  • 1992, c. 10, s. 2;
  • 1994, c. 2, s. 1;
  • 1999, c. 11, s. 1;
  • 2004, c. 4, s. 1, c. 22, s. 2;
  • 2005, c. 7, s. 1;
  • 2006, c. 4, s. 182;
  • 2007, c. 29, s. 62.
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Marginal note:Fiscal year 2007-2008

3.1 The fiscal equalization payment that may be paid to a province for the fiscal year beginning on April 1, 2007 is equal to,

  • (a) for Ontario, $0;

  • (b) for Quebec, $7,160,352,000;

  • (c) for Nova Scotia, $1,307,982,000;

  • (d) for New Brunswick, $1,476,523,000;

  • (e) for Manitoba, $1,825,796,000;

  • (f) for British Columbia, $0;

  • (g) for Prince Edward Island, $293,958,000;

  • (h) for Saskatchewan, $226,146,000;

  • (i) for Alberta, $0; and

  • (j) for Newfoundland and Labrador, $477,374,000.

  • 2007, c. 29, s. 62.
Marginal note:Fiscal year 2009–2010

3.11 Subject to subsection 3.7(3), the fiscal equalization payment that may be paid to a province for the fiscal year beginning on April 1, 2009 is equal to,

  • (a) for Ontario, $347,029,000;

  • (b) for Quebec, $8,354,501,000;

  • (c) for Nova Scotia, $1,390,747,000;

  • (d) for New Brunswick, $1,689,410,000;

  • (e) for Manitoba, $2,063,394,000;

  • (f) for British Columbia, $0;

  • (g) for Prince Edward Island, $339,919,000;

  • (h) for Saskatchewan, $0;

  • (i) for Alberta, $0; and

  • (j) for Newfoundland and Labrador, $0.

  • 2009, c. 2, s. 383.
Marginal note:Additional fiscal equalization payment

  • 3.12 (1) An additional fiscal equalization payment may be paid for the fiscal year beginning on April 1, 2010 equal to,

    • (a) for Nova Scotia, $250,405,000;

    • (b) for New Brunswick, $80,300,000;

    • (c) for Manitoba, $175,494,000; and

    • (d) for Prince Edward Island, $3,304,000.

  • Marginal note:Additional fiscal equalization payment — 2011-2012 fiscal year

    (2) An additional fiscal equalization payment may be paid for the fiscal year beginning on April 1, 2011 equal to,

    • (a) for Quebec, $368,932,000;

    • (b) for Nova Scotia, $157,591,000;

    • (c) for New Brunswick, $149,776,000; and

    • (d) for Manitoba, $275,808,000.

  • 2010, c. 12, s. 1646;
  • 2011, c. 15, s. 27.
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