Letters to Provinces and Territories: Nunavut 2018

The Honourable George Hickes, M.L.A.
Minister of Finance
Government of Nunavut
Legislative Assembly Building
P.O. Box 2410
926 Federal Road
Iqaluit, NU X0A 0H0

Dear Colleague:

I look forward to welcoming you to the December 2018 Federal, Provincial and Territorial Finance Ministers' Meeting in Ottawa and wish to congratulate you once again on being sworn in as Minister of Finance.

In the meantime, I am pleased to provide you with Nunavut'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 Nunavut for 2019-20 will round to $1,699 million, an increase of $65 million from 2018-19. The first estimates of your territory's Canada Health Transfer and Canada Social Transfer payments for 2019-20 are $41.7 million and $15.1 million respectively. In accordance with the legislated formula under the Act and its regulations, your territory's Territorial Financing payment for 2019-20 will be $1,641.7 million.

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 working collaboratively with you in this meeting and beyond to advance our shared priorities that matter to Canadians.

Yours sincerely,

The Honourable Bill Morneau, P.C., M.P.