Federal-Provincial Fiscal Arrangements Act

Marginal note:Powers of the Minister

4.2 The Minister may determine, in respect of a territory for a fiscal year,

• (a) the amount of the gross expenditure base adjustment, in order to reflect

  • (i) a transfer of responsibilities between Canada and the government of a territory or the government of a territory and an aboriginal government,

  • (ii) the signing of land claims, comprehensive land claims or self-government agreements with aboriginal governments, and

  • (iii) personal income tax room sharing agreements between the government of Yukon and an aboriginal government in Yukon; and

• (b) the amount of the yield adjustment, in order to reflect

  • (i) personal income tax room sharing agreements between the government of Yukon and an aboriginal government in Yukon,

  • (ii) federal statutory limitations on territo-rial revenue raising capacity, and

  • (iii) any fiscal capacity adjustments made, in respect of the Northwest Territories, for the fiscal years in the period beginning on April 1, 2004 and ending on March 31, 2006.