Letters to Provinces and Territories: Québec 2018

Mr. Éric Girard
Minister of Finance
Government of Quebec
12 St-Louis Street
Québec City, QC G1R 5L3

Dear Colleague:

I look forward to welcoming you to the 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 2019–20 in accordance with the Federal-Provincial Fiscal Arrangements Act (the Act) and relevant regulations.

Total major transfers to Quebec for 2019–20 will round to $25,536 million, an increase of $1,859 million from 2018–19. The first estimates of your province's Canada Health Transfer and Canada Social Transfer payments for 2019–20 are $9,117.4 million and $3,293.9 million respectively. In accordance with the legislated formula under the Act and its regulations, your province's Equalization payment for 2019–20 will be $13,124.4 million.

Enclosed for your information is a table presenting the 2019–20 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 the context of our December 2018 Finance Ministers Meeting.

I look forward to working with you during and after this meeting, to advance our priorities on behalf of Canadians.

Yours sincerely,

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