Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada

Search

Federal-Provincial Fiscal Arrangements Act

Version of section 24.1 from 2003-06-19 to 2005-03-22:


Marginal note:Amount

  •  (1) The Canada Health Transfer is to consist of

    • (a) a cash contribution of

      • (i) $12.65 billion for the fiscal year beginning on April 1, 2004,

      • (ii) $13 billion for the fiscal year beginning on April 1, 2005,

      • (iii) $13.4 billion for the fiscal year beginning on April 1, 2006, and

      • (iv) $13.75 billion for the fiscal year beginning on April 1, 2007; and

    • (b) the portion of the total equalized tax transfer for all provinces that is determined by multiplying the total equalized tax transfer for all provinces by the quotient, rounded to the nearest hundredth, that is obtained by dividing an amount equal to the cash contribution specified in subparagraph (a)(i) by an amount equal to the aggregate of the cash contributions specified in subparagraphs (a)(i) and 24.4(1)(a)(i).

  • Marginal note:Meaning of total equalized tax transfer

    (2) In subsection (1), total equalized tax transfer means the total equalized tax transfer as determined in accordance with subsection 24.7(1).

  • 2003, c. 15, s. 8

Date modified: