Federal-Provincial Fiscal Arrangements Act

Marginal note:Provincial share — fiscal years 2014–2015 and later

• 24.21 (1) The cash contribution determined under subparagraphs 24.1(1)(a)(iv) or (v), as the case may be, that may be provided to a province for each fiscal year beginning after March 31, 2014 is the amount determined by the formula

  A × B ÷ C

  where

  A

  is the cash contribution determined under the applicable subparagraph for that fiscal year;

  B

  is the population of that province for that fiscal year; and

  C

  is the total of the population of all provinces for that fiscal year.

• Marginal note:Provincial share (qualifying province) — fiscal years 2024–2025 and later

  (2) The cash contribution determined under subparagraph 24.1(1)(a)(vi), (vii) or (viii), as the case may be, that may be provided to a qualifying province for each fiscal year beginning after March 31, 2024 is the amount determined by the formula

  A × B ÷ C

  where

  A

  is the cash contribution determined under the applicable subparagraph for that fiscal year;

  B

  is the population of that province for that fiscal year; and

  C

  is the total of the population of all provinces for that fiscal year.