Thursday, May 04, 2006
Funding Support to Provinces and Territories to Address Immediate Pressures
Numbers are messed up you might wanna just follow the link if your interested.
Funding Support to Provinces and Territories to Address Immediate Pressures
The Government has made commitments with respect to post-secondary education, public transit and affordable housing. This budget confirms the immediate actions the Government is taking with regard to international assistance and arrangements with provinces and territories to provide one-time additional funding to address short-term pressures, using the existing authority under Bill C-48 (An Act to authorize the Minister of Finance to make certain payments).
Contingent on the federal surplus for 2005–06 being greater than $2 billion, and after providing up to $320 million for international assistance commitments, the Government will provide provinces and territories with up to $3.3 billion for post-secondary education, public transit, affordable housing, Northern housing and off-reserve Aboriginal housing (more details can be found in the sections entitled "Opportunity" and "Families and Communities").
The amounts designated to each of the supported areas will be paid into five third-party trusts for the benefit of provinces and territories once the federal books are closed, likely in September 2006. The Government will account for the amounts in 2005–06. Provinces and territories will have the flexibility to draw down funds as they require up to the end of the lifespan of each individual trust.
Table 3.15
Funding Support to Provinces and
Territories to Address Immediate Pressures
Province/territory Post-secondary education infrastructure Public transit capital Affordable housing Northern housing Off-reserve Aboriginal housing Total
(millions of dollars)
Newfoundland and
Labrador
15.8
14.1
12.6
8.2
50.6
Prince Edward Island 4.3 3.8 3.4 0.7 12.2
Nova Scotia 28.8 25.8 23.0 7.8 85.4
New Brunswick 23.1 20.7 18.4 6.7 68.9
Quebec 234.5 210.8 187.4 38.2 670.9
Ontario 390.0 351.5 312.3 80.2 1,134.1
Manitoba 36.3 32.6 29.0 32.5 130.4
Saskatchewan 30.3 27.2 24.2 26.4 108.1
Alberta 101.3 91.3 81.1 48.4 322.2
British Columbia 132.3 119.3 106.0 50.9 408.5
Yukon 0.95 0.85 0.76 50.0 52.57
Northwest Territories 1.35 1.21 1.08 50.0 53.64
Nunavut 0.92 0.83 0.74 200.0 202.49
Total 1,000 900 800 300 300 3,300
Notes: Population based on Statistics Canada data. Population shares for Aboriginal people living off reserve based on 2001 Census. Funding is contingent on sufficient funds being available from the federal surplus in 2005–06, and after providing up to $320 million for international assistance commitments. Precise amounts designated to each supported area will be deposited in third-party trusts upon confirmation of the 2005–06 final financial outcome for the Government of Canada. Totals may not add due to rounding.
Funding Support to Provinces and Territories to Address Immediate Pressures
The Government has made commitments with respect to post-secondary education, public transit and affordable housing. This budget confirms the immediate actions the Government is taking with regard to international assistance and arrangements with provinces and territories to provide one-time additional funding to address short-term pressures, using the existing authority under Bill C-48 (An Act to authorize the Minister of Finance to make certain payments).
Contingent on the federal surplus for 2005–06 being greater than $2 billion, and after providing up to $320 million for international assistance commitments, the Government will provide provinces and territories with up to $3.3 billion for post-secondary education, public transit, affordable housing, Northern housing and off-reserve Aboriginal housing (more details can be found in the sections entitled "Opportunity" and "Families and Communities").
The amounts designated to each of the supported areas will be paid into five third-party trusts for the benefit of provinces and territories once the federal books are closed, likely in September 2006. The Government will account for the amounts in 2005–06. Provinces and territories will have the flexibility to draw down funds as they require up to the end of the lifespan of each individual trust.
Table 3.15
Funding Support to Provinces and
Territories to Address Immediate Pressures
Province/territory Post-secondary education infrastructure Public transit capital Affordable housing Northern housing Off-reserve Aboriginal housing Total
(millions of dollars)
Newfoundland and
Labrador
15.8
14.1
12.6
8.2
50.6
Prince Edward Island 4.3 3.8 3.4 0.7 12.2
Nova Scotia 28.8 25.8 23.0 7.8 85.4
New Brunswick 23.1 20.7 18.4 6.7 68.9
Quebec 234.5 210.8 187.4 38.2 670.9
Ontario 390.0 351.5 312.3 80.2 1,134.1
Manitoba 36.3 32.6 29.0 32.5 130.4
Saskatchewan 30.3 27.2 24.2 26.4 108.1
Alberta 101.3 91.3 81.1 48.4 322.2
British Columbia 132.3 119.3 106.0 50.9 408.5
Yukon 0.95 0.85 0.76 50.0 52.57
Northwest Territories 1.35 1.21 1.08 50.0 53.64
Nunavut 0.92 0.83 0.74 200.0 202.49
Total 1,000 900 800 300 300 3,300
Notes: Population based on Statistics Canada data. Population shares for Aboriginal people living off reserve based on 2001 Census. Funding is contingent on sufficient funds being available from the federal surplus in 2005–06, and after providing up to $320 million for international assistance commitments. Precise amounts designated to each supported area will be deposited in third-party trusts upon confirmation of the 2005–06 final financial outcome for the Government of Canada. Totals may not add due to rounding.
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