-
(a) in the case of personal income taxes described in paragraph 7(1)(a), the aggregate of
-
(i) a fraction, expressed as a percentage for the province,
-
(A) whose numerator is the simulated average revenue yield relating to personal income for the province for the taxation year that ends in the fiscal year, as determined in accordance with subsection 10(2), and
-
(ii) the difference obtained by subtracting
[...]
-
(b) in the case of the taxes and revenues described in paragraph 7(1)(b), the aggregate of
-
(i) the product of the portion of the aggregate of corporate profits in Canada, before the payment of income taxes and without any deduction of the aggregate of corporate losses in Canada, that is attributable to any of the 10 provinces for the calendar year that ends in the fiscal year, as determined by Statistics Canada for the purpose of its System of Macroeconomic Accounts, and a fraction
[...]
-
(ii) the product, as determined on the basis of data prepared by Statistics Canada for the purpose of the Government Finance Statistics, of
[...]
-
(c) in the case of taxes on capital of corporations, described in paragraph 7(1)(c), the sum of
-
(i) the aggregate, over the following industry categories established by Statistics Canada on the basis of the North American Industry Classification System, of the total taxable paid-up capital employed in the province for the calendar year that ends in the fiscal year in respect of the corporations in each category that are owned less than 90% by Her Majesty and have more than $1,000,000 of total assets:
[...]
as determined for each category by the formula
(A × B × C) /At
where
- A
- is the total assets, for the province for the calendar year, of those corporations in each category, as determined by the Industrial Organization and Finance Division of Statistics Canada,
- At
- is the total assets, for Canada for the calendar year, of those corporations in that category, as determined by the Industrial Organization and Finance Division of Statistics Canada,
- C
- is
-
(I) for each of the categories listed in clauses (A) to (T), the amount, in respect of those corporations in that category, as determined by the Industrial Organization and Finance Division of Statistics Canada on the basis of data for the calendar year, determined by the formula
[...]
-
(ii) the taxable paid-up capital employed in the province for the calendar year that ends in the fiscal year in respect of all corporations in the categories referred to in subparagraph (i) that are owned 90% or more by Her Majesty and have more than $1,000,000 of total assets, as determined by the formula
(AA × CC) /AAt
where
- AA
- is the total assets, for the province for the calendar year, of those corporations, as determined by the Industrial Organization and Finance Division of Statistics Canada,
- AAt
- is the total assets, for Canada for the calendar year, of all corporations in the categories referred to in subparagraph (i) that have more than $1,000,000 of total assets, other than those referred to in AA, as determined by the Industrial Organization and Finance Division of Statistics Canada, and
-
(iii) the product of
-
(A) the sum of the amount of the outstanding, provincially guaranteed debt of electric utilities owned by the province and all outstanding amounts advanced by the province to those electric utilities, as of the end of the taxation year of each electric utility ending in the previous fiscal year, as determined by the Minister on the basis of the public accounts of the province and other relevant information, and
-
(B) a fraction
-
(I) whose numerator is the quotient that results from dividing the total revenues derived for the fiscal year for all provinces from the taxes, levies and fees described in subparagraph 7(1)(c)(ii), as determined by the Minister, by the aggregate, over all provinces, of the sums referred to in clause (A) for that fiscal year, and
-
(II) whose denominator is the quotient that results from dividing the total revenues derived for the fiscal year for all provinces from the taxes described in subparagraph 7(1)(c)(i), as determined by the Minister, by the aggregate, over all provinces, of the amounts determined under subparagraphs (i) and (ii) for the fiscal year;
-
(d) in the case of general and miscellaneous sales taxes, harmonized sales taxes and amusement taxes, as described in paragraph 7(1)(d), the amount determined on the basis of data provided by Statistics Canada for the calendar year that ends in the fiscal year by the formula
[...]
-
(e) in the case of tobacco taxes described in paragraph 7(1)(e), the number of cigarettes sold to final purchasers in the province in the fiscal year as determined by dividing the revenue derived from tobacco taxes by the province in the fiscal year, as set out in the certificate, by the average annual tax levy per cigarette that applies in that province for that fiscal year;
-
(f) in the case of motive fuel taxes derived from the sale of gasoline, described in paragraph 7(1)(f), the sum of
-
[...]
-
(ii) the product of the average tax rate in the calendar year that ends in the fiscal year and the number of litres of aviation and turbo fuel sold in the province in that year, as determined by Statistics Canada on the basis of data from its survey Gasoline and Other Petroleum Fuels Sold, and
-
(g) in the case of motive fuel taxes derived from the sale of diesel fuel, described in paragraph 7(1)(g), the sum of
-
(h) in the case of non-commercial motor vehicle licensing revenues described in paragraph 7(1)(h), the sum of the following numbers in the province in the calendar year that ends in the fiscal year, each as determined by Statistics Canada for the purpose of CANSIM table 405-0004, Road motor vehicles, registrations, or by the Minister if Statistics Canada does not make the determination:
[...]
-
(i) in the case of commercial motor vehicle licensing revenues described in paragraph 7(1)(i), the aggregate, over the following categories of vehicles, of the number of registered vehicles in each category, as determined by Statistics Canada for the purpose of CANSIM table 405-0004, Road motor vehicles, registrations, multiplied by the weighted average licence fee for that category over all provinces, as calculated on the basis of data respecting licence fees charged by each province contained in the R.L. Polk & Co. publication Canadian and International Registration Manual:
[...]
-
(j) in the case of alcoholic beverage revenues described in paragraph 7(1)(j), the sum of
-
(i) the revenue derived by all provinces from the sale of spirits in the fiscal year, as determined by the Minister on the basis of information provided by the provinces and Statistics Canada, multiplied by a fraction whose numerator is the volume of spirits sold in the province in the fiscal year, as determined by Statistics Canada for the purpose of CANSIM table 183-0024, Sales of alcoholic beverages by volume, value and per capita 15 years and over, fiscal years ended March 31, and whose denominator is the aggregate, over all provinces, of those numerators,
-
(ii) the revenue derived by all provinces from the sale of wine in the fiscal year, as determined by the Minister on the basis of information provided by the provinces and Statistics Canada, multiplied by a fraction whose numerator is the volume of wine sold in the province in the fiscal year, as determined by Statistics Canada for the purpose of CANSIM table 183-0024, Sales of alcoholic beverages by volume, value and per capita 15 years and over, fiscal years ended March 31, and whose denominator is the aggregate, over all provinces, of those numerators, and
-
(iii) the revenue derived by all provinces from the sale of beer in the fiscal year, as determined by the Minister on the basis of information provided by the provinces and Statistics Canada, multiplied by a fraction whose numerator is the volume of beer sold in the province in the fiscal year, as determined by Statistics Canada for the purpose of CANSIM table 183-0024, Sales of alcoholic beverages by volume, value and per capita 15 years and over, fiscal years ended March 31, and whose denominator is the aggregate, over all provinces, of those numerators;
-
(k) in the case of hospital and medical care insurance premiums described in paragraph 7(1)(k), the amount determined by the formula
(A × B/C) + (D × E/F)
where
- A
- is the value of hospital and medical care insurance premiums, as determined by the micro-simulation model, for the taxation year that ends in the previous fiscal year, that
[...]
- D
- is the value of hospital and medical care insurance premiums, as determined by the micro-simulation model, for the taxation year that ends in the previous fiscal year, that
[...]
- E
- is the revenue derived by Quebec in the fiscal year from hospital and medical care insurance premiums, as set out in the certificate, and
-
[...]
-
(m) in the case of oil revenues described in paragraph 7(1)(m), the product of
-
(i) the total value of the marketable production of new oil from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by the Minister based on relevant data, less the value of the sum of the parts of that marketable production whose value is described in subparagraph (o)(i) and paragraph (p), and
-
(n) in the case of oil revenues described in paragraph 7(1)(n), the product of
-
(i) the total value of the marketable production of crude oil from hydrocarbon deposits in the province in a calendar year that ends in the fiscal year, as determined by Statistics Canada on the basis of its survey Oil and Gas Extraction, less the value of the parts of that marketable production described in subparagraphs (m)(i) and (o)(i), paragraph (p) and subparagraphs (q)(i) and (r)(i), and
-
(o) in the case of heavy oil revenues described in paragraph 7(1)(o), the product of
-
(i) the total value of the marketable production of crude oil, having a density of 935 kg/m3 or greater, from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by the Minister based on relevant data, less the value of the sum of the parts of that marketable production described in paragraph (p) and subparagraph (r)(i), and
-
(p) in the case of mined oil revenues described in paragraph 7(1)(p), the total value of the marketable production of synthetic petroleum from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by Statistics Canada on the basis of its survey Oil and Gas Extraction;
-
(q) in the case oil revenues referred to in paragraph 7(1)(q), the product of
-
(i) the total value of the marketable production of third tier oil from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by the Minister based on relevant data, less the value of the sum of the parts of that marketable production described in paragraph (p) and subparagraph (r)(i), and
-
(r) in the case of oil revenues described to in paragraph 7(1)(r), the product of
-
(i) the total value of the marketable production of third tier oil, having a density of 935 kg/m3 or greater, from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by the Minister based on relevant data, less the value of the part of that marketable production described in paragraph (p), and
-
(s) in the case of revenues from domestically sold natural gas and exported natural gas, described in paragraph 7(1)(s), the product of
-
(i) the total value of the marketable production of gas and gas by-products from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by Statistics Canada on the basis of its survey Oil and Gas Extraction, and
-
(t) in the case of sales of Crown leases and reservations on oil and natural gas lands, described in paragraph 7(1)(t),
-
(u) in the case of oil and gas revenues described in paragraph 7(1)(u), the sum of
-
(i) the total volume of the marketable production of oil, synthetic petroleum and condensate from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as classified and determined by Statistics Canada on the basis of its survey Oil and Gas Extraction, and
-
(ii) the product of 0.968 and the total volume of the net production of gas from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as classified and determined by Statistics Canada on the basis of its survey Oil and Gas Extraction;
-
[...]
-
(w) in the case of water power rentals described in paragraph 7(1)(w),
-
(i) for a province other than Quebec, British Columbia or Newfoundland and Labrador, the number of megawatt hours of electricity generated in the province by electric utilities and industrial establishments from hydro sources in the calendar year that ends in the fiscal year, as determined by Statistics Canada for the purpose of CANSIM table 127-0007, Electric power generation, by class of electricity producer,
-
(ii) for Quebec or Newfoundland and Labrador, the product of the sum of the number of megawatt hours of electricity generated in both Quebec and Newfoundland and Labrador by electric utilities and industrial establishments from hydro sources in the calendar year that ends in the fiscal year, as determined by Statistics Canada for the purpose of CANSIM table 127-0007, Electric power generation, by class of electricity producer, and a fraction
-
(A) whose numerator is the product of the total revenue from the sale of electricity that is generated from all sources in the province by electric utilities and industrial establishments in the calendar year that ends in the fiscal year, as determined by Statistics Canada for the purpose of CANSIM table 127-0008, Supply and disposition of electric power, electric utilities and industry, and another fraction whose numerator is the number that would be determined for that province under subparagraph (i) if that subparagraph applied to the province and whose denominator is the number of megawatt hours of electricity generated from all sources in the province by electric utilities and industrial establishments in the calendar year that ends in the fiscal year, as determined by Statistics Canada for the purpose of CANSIM table 127-0008, Supply and disposition of electric power, electric utilities and industry, and
-
(iii) for British Columbia, the sum of
-
(A) the number of megawatt hours of electricity generated in the province by electric utilities and industrial establishments from hydro sources in the calendar year that ends in the fiscal year, as determined by Statistics Canada for the purpose of CANSIM table 127-0007, Electric power generation, by class of electricity producer, and
-
(B) the number of megawatt hours of electricity, in the calendar year that ends in the fiscal year, that constitutes the average annual usable hydroelectric energy portion of the downstream power benefits to which Canada is entitled in accordance with the Treaty Between the United States of America and Canada Relating to Cooperative Development of the Water Resources of the Columbia River Basin, and any protocols, amendments or addendums to that treaty, as provided by the British Columbia Hydro and Power Authority;
-
(x) in the case of insurance premium taxes described in paragraph 7(1)(x), the sum – as determined by the Minister based on information provided by the Office of the Superintendent of Financial Institutions and the provinces respecting the values referred to in subparagraph (i) and in clause (ii)(A) – for the province in the calendar year that ends in the fiscal year in relation to federally registered corporations and provincially licensed corporations, including a provincial government enterprise that carries on the business of insurance, of
[...]
-
(y) in the case of payroll taxes described in paragraph 7(1)(y), the amount determined by the formula
{A × [(W1 × P1) + (W2 × P2) + (W3 × P3) + (W4 × P4)] / (W × P)}+ M
where
- A
- is the total wages and salaries excluding supplementary labour income, as determined by Statistics Canada for the purpose of its System of Macroeconomic Accounts, paid in the province in the calendar year that ends in the fiscal year, other than the wages and salaries paid by
[...]
- P
- is the gross dollar value, before deductions, of the payrolls of all employers in the province for the calendar year that ends in the fiscal year, as determined by Statistics Canada on the basis of its Survey of Employment, Payrolls and Hours, other than the payrolls of
- P1, P2, P3 and P4
- are equal to the amount determined for P minus an amount that is the aggregate of the payrolls of all employers in the province whose payrolls are below a threshold dollar amount and minus an amount that is the product of the threshold dollar amount and the number of employers whose payrolls are above the threshold dollar amount, with the threshold dollar amount being the statutory amount of an employer’s payroll that is exempt from provincial payroll tax as of June 1 of the fiscal year
[...]
- M
- is military pay and allowances, excluding supplementary labour income, paid in the province in the calendar year that ends in the fiscal year, as determined by Statistics Canada for the purpose of its System of Macroeconomic Accounts;
-
(z) in the case of provincial and local government property taxes, described in paragraph 7(1)(z), the weighted sum of four sub-bases, determined by the formula
(B1 × 0.288) + (B2 × 0.406) + (B3 × 0.018) + (B4 × 0.288)
where
- B1
- is the market value residential sub-base, determined by the formula
- B2
- is the commercial-industrial sub-base as determined by the formula
- B3
- is the farm sub-base as determined by the formula
- B4
- is the multi-concept residential sub-base as determined by the formula
-
(z.1) in the case of race track taxes described in paragraph 7(1)(z.1), the gross amount wagered in the province in the calendar year that ends in the fiscal year at pari-mutuel tracks on harness and running horse races, as determined by the Canadian Pari-Mutuel Agency;
-
(z.2) in the case of revenues from lottery ticket sales, described in paragraph 7(1)(z.2), the product of 1,000,000 and the sum of
-
[...]
-
(ii) the product of household disposable income in the province for the calendar year that ends in the fiscal year, as determined by Statistics Canada for the purpose of its Provincial and Territorial Economic Accounts, and a fraction whose numerator is 0.1 and whose denominator is the aggregate, over all provinces, of that household disposable income, and
-
(z.3) in the case of revenues described in paragraph 7(1)(z.3), the product of 1,000,000 and the sum of
-
[...]
-
(ii) the product of household disposable income in the province for the calendar year that ends in the fiscal year, as determined by Statistics Canada for the purpose of its Provincial and Territorial Economic Accounts, and a fraction whose numerator is 0.4 and whose denominator is the aggregate, over all provinces, of that household disposable income, and
-
[...]
-
(z.5) in the case of revenues that are shared by the Government of Canada with the provinces derived from the revenue sources described in paragraph 7(1)(z.5)(i), (ii) and (iii), respectively,
