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Federal-Provincial Fiscal Arrangements Act

Version of section 24.702 from 2009-03-12 to 2010-07-11:


Marginal note:Payments to Ontario

 The Minister may pay to Ontario an additional cash payment equal to

  • (a) for the fiscal year beginning on April 1, 2009, the amount of $489,058,000; and

  • (b) for the fiscal year beginning on April 1, 2010, the amount determined by the formula

    -1 × A × B

    where

    A
    is the amount determined for Ontario under subparagraph 24.7(1.2)(b)(i) for that fiscal year, and
    B
    is the population of Ontario for that fiscal year.
  • 2009, c. 2, s. 390
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