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Finance committee  Yes. That's the purpose of those transfers. What happens is that we compare transfers in 2011-12 and make sure that they don't decline from the prior year. The amount of $952 million fills that gap for the provinces. No province has seen a decline in that year of their major tran

December 1st, 2011Committee meeting

Chantal Maheu

Finance committee  Yes it is--very much so, actually. A lot of the supplementary estimates are amendments to the main estimates for the transfers. So the major amounts were announced in the main estimates and now we're making minor adjustments to those.

December 1st, 2011Committee meeting

Chantal Maheu

Finance committee  If you look under vote 1b starting in the middle of page 51, you'll see the list of the major transfers starting with the CHT at $26.9 billion...equalization. The list is there; I could read it to you.

December 1st, 2011Committee meeting

Chantal Maheu

Finance committee  Yes, they have increased. There are statutory increases in three major transfers. So for the Canada health transfer, it grows at 6%, and it has been growing at 6% every year since 2004-05. The Canada social transfer grows at 3%, and equalization grows at the average GDP growth ra

December 1st, 2011Committee meeting

Chantal Maheu

Finance committee  The money is coming back to the federal government. It's paid by Quebec. The reason they're returning funding to the federal government is that in the 1960s we transferred tax points. Quebec accepted tax points, and so they're raising these revenues for a set of programs. Now we'

December 1st, 2011Committee meeting

Chantal Maheu

December 1st, 2011Committee meeting

Chantal Maheu

December 1st, 2011Committee meeting

Chantal Maheu

Finance committee  Of that $151 million, $150 million will go to Ontario, and $1 million to P.E.I.

December 1st, 2011Committee meeting

Chantal Maheu