Marginal note:Consumer Price Index
17 (1) A fee is adjusted in each fiscal year — on the anniversary of a date that is selected by the responsible authority with respect to the fee before the first adjustment — by the percentage change over 12 months in the April All-items Consumer Price Index for Canada, as published by Statistics Canada under the Statistics Act, for the previous fiscal year.
Marginal note:Exception
(2) A fee is not adjusted by operation of subsection (1) in a fiscal year if
(a) the fee is fixed in that fiscal year before the adjustment date; or
(b) the percentage change described in subsection (1) for that fiscal year is less than 1%.
Marginal note:Adjustment — subsequent fiscal year
(3) If paragraph (2)(b) applies with respect to a fiscal year, the percentage change referred to in that paragraph is carried forward to the subsequent fiscal year. If the combined percentage change is less than 1%, the fee is not adjusted for that subsequent fiscal year and the combined percentage change is carried forward to the next subsequent fiscal year.
Marginal note:Adjustment of fee — round down
(4) The responsible authority may, in accordance with Treasury Board policies or directives, round down a fee after an adjustment under subsection (1) in a given fiscal year.
Marginal note:Anniversary date — change
(5) Despite subsection (1), the responsible authority may change the anniversary date selected in respect of a fee in accordance with Treasury Board policies or directives.
- 2017, c. 20, s. 451 “17”
- 2023, c. 26, s. 274
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