Federal-Provincial Fiscal Arrangements Act

Marginal note:Payments to trust

• 24.71 (1) The Minister may make direct payments, in an aggregate amount of not more than $700 million, to a trust established to provide the provinces with funding for the purpose of assisting them to invest in early learning and child care in accordance with four key principles: quality, universal inclusiveness, accessibility and development.

• Marginal note:Share of a province

  (2) The amount that may be provided to a province under this section is to be determined in accordance with the terms of the trust indenture establishing the trust.

• Marginal note:Payments out of the C.R.F.

  (3) Despite section 24.8, any amount payable under this section may be paid by the Minister out of the Consolidated Revenue Fund at the times and in the manner that the Minister considers appropriate.