Bill C-17: An Act to amend the Federal-Provincial Fiscal Arrangements Act and to authorize certain payments to be made out of the Consolidated Revenue Fund

R.S., c. F-8; 1995, c. 17, s. 45 Federal-Provincial Fiscal Arrangements Act 1 The Federal-Provincial Fiscal Arrangements Act is amended by adding the following after section 24.72: Total payment of $2 billion 24. 73 The Minister may pay an additional cash payment equal to (a) for Ontario, $775,500,000; (b) for Quebec, $450,006,000; (c) for Nova Scotia, $51,800,000; (d) for New Brunswick, $41,238,000; (e) for Manitoba, $72,437,000; (f) for British Columbia, $272,434,000; (g) for Prince Edward Island, $8,574,000; (h) for Saskatchewan, $61,759,000; (i) for Alberta, $232,332,000; (j) for Newfoundland and Labrador, $27,227,000; (k) for Yukon, $2,244,000; (l) for the Northwest Territories, $2,387,000; and (m) for Nunavut, $2,062,000. Federal-Provincial Fiscal Arrangements Act Clause 1 : New. Payments in Relation to Transit and Housing Maximum payment of $750 million 2 (1) The Minister of Finance may make payments to the provinces, the total of which may not exceed $750 million, for the purpose of addressing municipal and other transit shortfalls and needs and improving housing supply and affordability. The amount of each payment is to be determined by the Minister of Finance. Payments out of C.R.F. (2) Any amount payable under subsection (1) may be paid by the Minister of Finance out of the Consolidated Revenue Fund at the times and in the manner, and on any terms and conditions, that the Minister of Finance considers appropriate.