Supplementary Fiscal Equalization Payments 1982-87 Act

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Sections13

• 1Short title

  This Act may be cited as the Supplementary Fiscal Equalization Payments 1982-87 Act.

• 2Payments authorized

  In addition to the fiscal equalization payment amounts payable for the period April 1, 1982 to March 31, 1987 to each province entitled to a fiscal equalization payment under Part I of the Federal-Provincial Fiscal Arrangements and Federal Post-Secondary Education and Health Contributions Act, 1977, the Minister of Finance shall pay to each such province as a supplementary fiscal equalization payment, the following amounts:

• 2(a)

  in respect of the fiscal year commencing on April 1, 1985,

• 2(a)(i)

  one hundred and ten million dollars to the Province of Quebec,

• 2(a)(ii)

  fifty million dollars to the Province of Manitoba,

• 2(a)(iii)

  twenty million dollars to the Province of Nova Scotia,

• 2(a)(iv)

  twenty million dollars to the Province of New Brunswick,

• 2(a)(v)

  fifteen million dollars to the Province of Newfoundland, and

• 2(a)(vi)

  five million dollars to the Province of Prince Edward Island; and

• 2(b)

  in respect of the fiscal year commencing on April 1, 1986, sixty-five million dollars to the Province of Manitoba.

• 3Payments out of C.R.F.

  The amounts authorized to be paid by section 2 shall be paid out of the Consolidated Revenue Fund

• 3(a)

  in respect of the fiscal year commencing on April 1, 1985, within thirty days after the coming into force of this Act; and

• 3(b)

  in respect of the fiscal year commencing on April 1, 1986, within thirty days after the commencement of that year.