Federal-Provincial Fiscal Arrangements Act

Marginal note:Canada Health and Social Transfer

14 The Canada Health and Social Transfer shall consist of

• (a) the sum of the total equalized tax transfers, as determined in accordance with subsection 16(1);

• (b) a cash contribution of $12.5 billion for each fiscal year in the period beginning on April 1, 1999 and ending on March 31, 2004;

• (c) a cash contribution of $3.5 billion for the fiscal year beginning on April 1, 1998, to be paid to the trust referred to in section 16.1;

• (d) a cash contribution, to be provided for the purposes referred to in subsection 13(2), of

  • (i) $1.0 billion for the fiscal year beginning on April 1, 2000,

  • (ii) $2.0 billion for the fiscal year beginning on April 1, 2001, and

  • (iii) $2.5 billion for each fiscal year in the period beginning on April 1, 2002 and ending on March 31, 2004;

• (e) a cash contribution of $2.5 billion for the fiscal year beginning on April 1, 1999, to be paid to the trust referred to in section 16.2;

• (f) a cash contribution of $15.5 billion for each fiscal year in the period beginning on April 1, 2004 and ending on March 31, 2006; and

• (g) a cash contribution of

  • (i) $2.8 billion for the fiscal year beginning on April 1, 2001,

  • (ii) $3.6 billion for the fiscal year beginning on April 1, 2002,

  • (iii) $4.3 billion for the fiscal year beginning on April 1, 2003,

  • (iv) $4.9 billion for the fiscal year beginning on April 1, 2004, and

  • (v) $5.5 billion for the fiscal year beginning on April 1, 2005.