Regulations amending the Federal-Provincial Fiscal Arrangements Regulations, 2007

Enabling act: Federal-Provincial Fiscal Arrangements Act

Description

The proposed amendments to the Federal-Provincial Fiscal Arrangements Regulations, 2007 would complete the implementation of the modernization of the Fiscal Stabilization program announced in the Fall Economic Statement 2020 by aligning the regulatory framework with the new legislative framework implemented by the Budget Implementation Act, 2021, No. 1.

Regulatory cooperation efforts (domestic and international)

N/A

Potential impacts on Canadians, including businesses

These regulations do not impose any new administrative burden on individuals or businesses.

Consultations

A consultation draft of the regulatory changes was shared with provinces and territories and a detailed discussion of the proposed regulatory changes was held with federal-provincial-territorial officials.

Further information

N/A

Departmental contact information

Suzanne Kennedy, Senior Director
Equalization and TFF Policy
Federal-Provincial Relations Division
Finance Canada
Email: Suzanne.Kennedy@fin.gc.ca