Federal-Provincial Fiscal Arrangements Regulations, 2007

32 An application referred to in subsection 6(7) of the Act shall be signed by the province’s Minister of Finance or Treasurer and contain the following information:

• (a) a statement that indicates the total amount of the provincial personal income taxes that are payable as the result of assessments or reassessments made in each of the calendar years that begin in the fiscal year and in the immediately preceding fiscal year, as determined in accordance with subsection 34(1), and the amount of each element referred to in that subsection that is used in determining that total amount;

• (b) a statement that indicates the total amount of the provincial corporation income taxes that are payable as the result of assessments or reassessments made in each of the calendar years that begin in the fiscal year and in the immediately preceding fiscal year, as determined in accordance with subsection 34(1.1), and the amount of each element referred to in that subsection that is used in determining that total amount;

• (c) a statement that indicates the total revenues of the province for the fiscal year and for the immediately preceding fiscal year from the revenue source described in subparagraph 7(1)(b)(ii);

• (d) [Repealed, SOR/2023-45, s. 1]

• (e) a statement of the total revenues of the province for the fiscal year and for the immediately preceding fiscal year from each of the revenue sources described in paragraphs 7(1)(c) to (y), (z.1) to (z.3) and (z.5);

• (f) a statement that provides a further breakdown of the revenues from any of the revenue sources referred to in paragraphs (a) to (e) into component taxes, fees, levies, premiums or royalties if there was a change in the rates or structures at which those component taxes, fees, levies, premiums or royalties were levied during the fiscal year or during that part of the immediately preceding fiscal year after its first day;

• (g) a statement that describes any change in the rates or structures at which a provincial tax, fee, levy, premium or royalty was levied during the fiscal year or during that part of the immediately preceding fiscal year after its first day and that indicates the effective date of the change;

• (h) a statement that estimates the change in revenues in the fiscal year from the immediately preceding fiscal year from each of the changes described in the statement referred to in paragraph (g); and

• (i) a statement that describes any change in the accounting practices in the public accounts of the province from those of the immediately preceding fiscal year.