Order Respecting the Remission of Fiscal Stabilization Overpayments Made to Certain Provinces Under the Federal-Provincial Fiscal Arrangements Act

Contents

Her Excellency the Governor General in Council, considering that it is in the public interest to do so, on the recommendation of the Minister of Finance and the Treasury Board, pursuant to subsection 23(2.1) of the Financial Administration Act, makes the annexed Order Respecting the Remission of Fiscal Stabilization Overpayments Made to Certain Provinces Under the Federal-Provincial Fiscal Arrangements Act.^note^note

Remission

1Fiscal stabilization overpayments#

Remission is granted to a province set out in column 1 of the schedule of the amount set out in column 2 in respect of the fiscal stabilization overpayments made by the Minister of Finance under the Federal-Provincial Fiscal Arrangements Act, for the fiscal year beginning April 1, 2015 and ending March 31, 2016, to avoid any negative impact on the province’s fiscal situation.

Coming into Force

2Registration#

This Order comes into force on the day on which it is registered.

(Section 1)

Column 1 | Column 2Province | AmountAlberta | $3,066,900Newfoundland and Labrador | $23,747,670

Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.