Letters to Provinces and Territories: Québec 2019
Mr. Éric Girard
Minister of Finance
Government of Quebec
12 St-Louis Street
Québec City, QC G1R 5L3
Dear Colleague:
I am pleased to provide you with Quebec's transfer payment amounts for 2020–21 in accordance with the Federal-Provincial Fiscal Arrangements Act (the Act) and relevant regulations.
Total major transfers to Quebec for 2020–21 will round to $26,058 million, an increase of $527 million from 2019–20. The first estimates of your province's Canada Health Transfer and Canada Social Transfer payments for 2020–21 are $9,423.7 million and $3,381.3 million respectively. In accordance with the legislated formula under the Act and its regulations, your province's Equalization payment for 2020–21 will be $13,252.6 million.
Enclosed for your information is a table presenting the 2020–21 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 2019 Finance Ministers' Meeting.
I look forward to working collaboratively with you to advance our shared priorities that matter to Canadians.
Yours sincerely,
The Honourable Bill Morneau, P.C., M.P.
Jurisdiction | Equalization | Territorial Formula Financing* | Canada Health Transfer | Canada Social Transfer | Total 2020-21 |
---|---|---|---|---|---|
NL | 569 | 204 | 773 | ||
PEI | 454 | 177 | 63 | 694 | |
NS | 2,146 | 1,081 | 388 | 3,614 | |
NB | 2,210 | 860 | 309 | 3,379 | |
QC | 13,253 | 9,424 | 3,381 | 26,058 | |
ON | 16,271 | 5,838 | 22,109 | ||
MB | 2,510 | 1,521 | 546 | 4,576 | |
SK | 1,302 | 467 | 1,769 | ||
AB | 4,877 | 1,750 | 6,628 | ||
BC | 5,651 | 2,028 | 7,679 | ||
YK | 1,055 | 45 | 16 | 1,116 | |
NWT | 1,413 | 49 | 18 | 1,479 | |
NU | 1,713 | 44 | 16 | 1,772 | |
TOTAL | 20,573 | 4,180 | 41,870 | 15,023 | 81,646 |
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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