Archived - Letters to Provinces and Territories: Québec 2017
Mr. Carlos J. Leitão, M.N.A.
Minister of Finance
Government of Quebec
12 St-Louis Street
Québec, Quebec G1R 5L3
Dear Colleague:
I look forward to welcoming you to the annual meeting of Federal, Provincial and Territorial Finance Ministers in Ottawa.
In the meantime, I am pleased to provide you with Quebec's transfer payment amounts for 2018-19 in accordance with the Federal-Provincial Fiscal Arrangements Act (the Act) and relevant regulations.
Total major transfers to Quebec for 2018-19 will round to $23,749 million, an increase of $1,029.2 million from this year. The first estimates of your province's Canada Health Transfer and Canada Social Transfer payments for 2018-19 are $8,791.0 million and $3,226.4 million respectively. In accordance with the legislated formula under the Act and its regulations, your province's Equalization payment for 2018-19 will be $11,732.0 million.
Enclosed for your information is a table presenting the 2018-19 major transfer amounts for each province and territory. It will be provided to your officials and posted on the Department of Finance's website in advance of our December 10-11, 2017 Finance Ministers Meeting.
Together with our colleagues we've already shown what can be accomplished when we work collaboratively in the interest of the people we serve. I look forward to continuing our work on behalf of all Canadians, and rest assured that I remain committed to our Government's goal of ensuring long-term economic growth that starts with a strong and thriving middle class.
Yours sincerely,
The Honourable Bill Morneau, P.C., M.P.
Major Transfer Payments for 2018-19 ($ millions) 1
| Jurisdiction | Equalization | Territorial Formula Financing | Canada Health Transfer | Canada Social Transfer | Total 2018-19 |
|---|---|---|---|---|---|
| NL | 548 | 201 | 750 | ||
| PEI | 419 | 161 | 59 | 638 | |
| NS | 1,933 | 996 | 366 | 3,296 | |
| NB | 1,874 | 792 | 291 | 2,956 | |
| QC | 11,732 | 8,791 | 3,226 | 23,749 | |
| ON | 963 | 14,965 | 5,492 | 21,420 | |
| MB | 2,037 | 1,410 | 518 | 3,965 | |
| SK | 1,224 | 449 | 1,673 | ||
| AB | 4,504 | 1,653 | 6,157 | ||
| BC | 5,066 | 1,859 | 6,925 | ||
| YK | 950 | 40 | 15 | 1,006 | |
| NWT | 1,256 | 46 | 17 | 1,319 | |
| NU | 1,579 | 40 | 15 | 1,634 | |
| TOTAL | 18,958 | 3,785 | 38,584 | 14,161 | 75,488 |
| 1Totals may not add due to rounding | |||||