SI/2019-5220197

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FINANCIAL ADMINISTRATION ACTOrder Respecting the Remission of Fiscal Stabilization Overpayments Made to Certain Provinces Under the Federal-Provincial Fiscal Arrangements ActP.C.2019-96220196

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Her Excellency the Governor General in Council, considering that it is in the public interest to do so, on the recommendation of the Minister of Finance and the Treasury Board, pursuant to subsection 23(2.1)a of the Financial Administration Actb, makes the annexed Order Respecting the Remission of Fiscal Stabilization Overpayments Made to Certain Provinces Under the Federal-Provincial Fiscal Arrangements Act.aS.C. 1991, c. 24, s. 7(2)bR.S., c. F-11Remission

Fiscal stabilization overpayments1Remission is granted to a province set out in column 1 of the schedule of the amount set out in column 2 in respect of the fiscal stabilization overpayments made by the Minister of Finance under the Federal-Provincial Fiscal Arrangements Act, for the fiscal year beginning April 1, 2015 and ending March 31, 2016, to avoid any negative impact on the province’s fiscal situation.

Coming into Force

Registration2This Order comes into force on the day on which it is registered.

SCHEDULE(Section 1)Column 1Column 2ProvinceAmountAlberta$3,066,900Newfoundland and Labrador$23,747,670