Letters to Provinces and Territories: Alberta 2018
The Honourable Joe Ceci, M.L.A.
Minister of Finance
Government of Alberta
323 Legislature Building
10800 - 97th Avenue
Edmonton, AB T5K 2B6
Dear Colleague:
I look forward to welcoming you to the December 2018 Federal, Provincial and Territorial Finance Ministers' Meeting in Ottawa.
In the meantime, I am pleased to provide you with Alberta's transfer payment amounts for 2019-20 in accordance with the Federal-Provincial Fiscal Arrangements Act (the Act) and relevant regulations.
Total major transfers to Alberta for 2019-20 will round to $6,390 million, an increase of $260 million from 2018-19. The first estimates of your province's Canada Health Transfer and Canada Social Transfer payments for 2019-20 are $4,693.9 million and $1,695.8 million respectively. In accordance with the legislated formula under the Act and its regulations, Alberta does not qualify for an Equalization payment for 2019-20.
Enclosed for your information is a table presenting the 2019-20 major transfer amounts for each province and territory. The table will be provided to your officials and posted on the Department of Finance's website in the context of the December 2018 Finance Ministers' Meeting.
I look forward to continuing our work on behalf of all Canadians.
Yours sincerely,
The Honourable Bill Morneau, P.C., M.P.
Major Transfer Payments for 2019-20 ($ millions) 1
| Jurisdiction | Equalization | Territorial Formula Financing* | Canada Health Transfer | Canada Social Transfer | Total 2019-20 |
|---|---|---|---|---|---|
| NL | 564 | 204 | 767 | ||
| PEI | 419 | 167 | 60 | 647 | |
| NS | 2,015 | 1,039 | 376 | 3,430 | |
| NB | 2,023 | 833 | 301 | 3,157 | |
| QC | 13,124 | 9,117 | 3,294 | 25,536 | |
| ON | 15,652 | 5,655 | 21,307 | ||
| MB | 2,255 | 1,474 | 533 | 4,262 | |
| SK | 1,264 | 457 | 1,720 | ||
| AB | 4,694 | 1,696 | 6,390 | ||
| BC | 5,434 | 1,963 | 7,397 | ||
| YK | 997 | 44 | 16 | 1,058 | |
| NWT | 1,309 | 48 | 17 | 1,375 | |
| NU | 1,642 | 42 | 15 | 1,699 | |
| TOTAL | 19,837 | 3,948 | 40,373 | 14,586 | 78,744 |
| 1 Totals may not add due to rounding * Includes transition payments of $1,270,000 to Yukon and $1,744,000 to the Northwest Territories (Budget 2018) |
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