Federal-Provincial Fiscal Arrangements Act

Marginal note:Provincial share of cash contribution established under paragraph 14(b)

• 15 (1) The cash contribution established under paragraph 14(b) that may be provided to a province for each of the fiscal years in the period beginning on April 1, 1999 and ending on March 31, 2004 is the amount determined by the formula

  F × [(G × H/J) + (1 - G) × K/L] - M

  where

  F

  is the total of the amounts established under paragraphs 14(a) and (b) for the fiscal year;

  G

  is

  • (a) 0.3 for the fiscal year beginning on April 1, 1999,

  • (b) 0.25 for the fiscal year beginning on April 1, 2000, and

  • (c) 0.0 for each of the fiscal years in the period beginning on April 1, 2001 and ending on March 31, 2004;

  H

  is the product obtained by multiplying

  • (a) the total entitlements referred to in subparagraph 15(4)(b)(i), as it read on March 31, 1999, in respect of the province

  by

  • (b) the quotient obtained by dividing

  • (i) the population of the province for the fiscal year

  by

  • (ii) the population of the province for the fiscal year beginning on April 1, 1995;

  J

  is the total of all the values of H for the fiscal year in respect of all provinces;

  K

  is the population of the province for the fiscal year;

  L

  is the total of the population of all provinces for the fiscal year; and

  M

  is the total equalized tax transfer applicable to the province for the fiscal year, as determined in accordance with subsection 16(1).

• Marginal note:Northwest Territories and Nunavut

  (2) The total entitlements of H in the formula in subsection (1) are

  • (a) in respect of the Northwest Territories, the total entitlement referred to in subparagraph 15(4)(b)(i), as it read on March 31, 1999, in respect of the Northwest Territories multiplied by 0.56843; and

  • (b) in respect of Nunavut, the total entitlement referred to in subparagraph 15(4)(b)(i), as it read on March 31, 1999, in respect of the Northwest Territories multiplied by 0.43157.

• Marginal note:Provincial share of cash contribution established under paragraph 14(c)

  (3) The cash contribution established under paragraph 14(c) that may be provided to a province shall be determined in accordance with the terms of the trust indenture establishing the trust referred to in section 16.1.

• Marginal note:Provincial share of cash contribution established under paragraph 14(d)

  (4) The cash contribution established under paragraph 14(d) that may be provided to a province for each of the fiscal years in the period beginning on April 1, 2000 and ending on March 31, 2004 is the amount determined by multiplying the amount set out for that fiscal year in that paragraph by the quotient obtained by dividing

  • (a) the population of the province for the fiscal year

  by

  • (b) the total of the population of all provinces for the fiscal year.

• Marginal note:Provincial share of cash contribution established under paragraph 14(e)

  (5) The cash contribution established under paragraph 14(e) that may be provided to a province shall be determined in accordance with the terms of the trust indenture establishing the trust referred to in section 16.2.