Federal-Provincial Fiscal Arrangements Regulations, 2007

30 (1) If any information that is required to make a calculation referred to in section 29 is incorrect or is not set out in the applicable certificate the Minister shall

• (a) if that information is required to determine the revenue to be equalized from a revenue source for a fiscal year, estimate that revenue on the basis of any information that is available to the Minister at the time of the calculation; and

• (b) if that information is required to calculate a revenue base for a fiscal year, estimate that revenue base, by substituting in the calculation of the base the information for the latest fiscal year or calendar year, as the case may be, that is prior to the fiscal year and for which information for the revenue base is set out in the certificate.

(2) If the Minister makes an estimate under paragraph (1)(b) of a revenue base referred to in paragraph 19(1)(a), (c), (d) or (f), the revenue base shall be replaced by the product of the estimate and a fraction

• (a) whose numerator is one plus a fraction whose numerator is the territory’s percentage of the population of all 10 provinces and three territories for the fiscal year and whose denominator is that percentage for the prior fiscal year for which information for the revenue base is set out in the certificate; and

• (b) whose denominator is two.

(3) If a revenue base for a fiscal year is estimated, in accordance with paragraph (1)(b), or replaced, in accordance with subsection (2), on the basis of information from an earlier fiscal year, the Minister may adjust that revenue base to take into account economic factors or trends that could change the territorial share of that revenue base between that earlier fiscal year and the fiscal year.

(4) If any of the information that is required to calculate a revenue base for a fiscal year is incorrect in the certificate, or is not set out in it, and the Minister is unable to estimate, in accordance with paragraph (1)(b), or replace, in accordance with subsection (2), the revenue base the Minister shall, after consulting with Statistics Canada, estimate that revenue base on the basis of any information that is available to the Minister.

(5) If an aggregate of the revenues of two or more revenue sources is provided on a certificate under paragraph 28(3)(d), the Minister shall determine the portion of the aggregate that is to apply to each of those revenue sources.