2.1 For the purpose of paragraph 12(1)(b) of the Act, “per capita net debt” for a province as of March 31, 2012 is the amount determined by the Minister in accordance with the following formula:
(A – B – C – D) × E
where
- A
- is the amount for the province, as of March 31, 2012, for the “liabilities” category of the provincial and territorial general government sub-sector of the Financial Management System, as determined by Statistics Canada;
- B
- is the amount for the province, as of March 31, 2012, for the “other liabilities” category of the provincial and territorial general government sub-sector of the Financial Management System, as determined by Statistics Canada;
- C
- is the amount for the province, as of March 31, 2012, for the “liabilities to pension plans” category of the provincial and territorial general government sub-sector of the Financial Management System, as determined by Statistics Canada;
- D
- is the amount for the province, as of March 31, 2012, for the “financial assets” category of the provincial and territorial general government sub-sector of the Financial Management System, as determined by Statistics Canada; and
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