ARCHIVED - Department of Finance Canada

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Debt Payments on Behalf of Poor Countries to International Organizations (Vote 5)

Start date: 2004

End date: 2054

Description: Payments for Canada's commitment to the G8-led Multilateral Debt Relief Initiative

Expected results: Payments to international organizations consistent with Government of Canada commitments under the Multilateral Debt Relief Initiative

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Compensation to Canadian Agencies or Entities Established by an Act of Parliament for Reduction of Debts of Debtor Countries (Vote 5)

Start date: 1991–92

End date: Ongoing

Description: Compensation to Export Development Canada and the Canadian Wheat Board for reduction of debts of debtor countries

Expected results: Payments to Canadian creditors consistent with Government of Canada commitments

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Toronto Waterfront Revitalization Initiative (Vote 5)

Start date: April 2001

End date: March 31, 2011

Description: The Toronto Waterfront Revitalization Initiative (TWRI) is both an infrastructure and an urban renewal investment. The goals of the initiative include positioning Canada, Ontario, and Toronto in the new economy, thereby ensuring Canada's continued success in the global economy. This includes increasing economic growth and development opportunities; recognizing the intrinsic links between economic, social, and environmental health; enhancing the quality of life in Toronto; and encouraging sustainable urban development.

Expected results: Sustainable urban development and infrastructure renewal in Toronto's waterfront area, including increased accessibility to and use of the waterfront area and a revitalized urban infrastructure

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Harbourfront Centre Funding Program (Vote 5)

Start date: March 2006

End date: March 31, 2011

Description: The primary objective of the Harbourfront Centre Funding Program is to provide operational funding support to the Harbourfront Centre until March 31, 2011. Such support will assist the Harbourfront Centre in covering its fixed operational costs. The funding program will also facilitate the Harbourfront Centre's ability to leverage funding from other levels of government and pursue other revenue-generating strategies that allow the organization to provide the general public with continued access to cultural, recreational, and educational programs and activities held in Toronto's waterfront area.

Expected results: A self-reliant and financially viable organization that supports the economic, social, and cultural development of Toronto's waterfront area

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Payments to the International Development Association

Start date: 1960

End date: Ongoing

Description: This program provides encashment of demand notes to allow the International Development Association (IDA) to disburse concessional financing for development projects and programs in the world's poorest countries.

Expected results: Payments to international organizations consistent with Government of Canada commitments

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Fiscal Equalization (Part I—Federal-Provincial Fiscal Arrangements Act)

Start date: 1957

End date: Ongoing

Description: Formula-based Equalization payments are made to eligible provincial governments to enable them to provide reasonably comparable levels of public services at reasonably comparable levels of taxation. Equalization payments are unconditional.

Expected results: Timely and accurate administration of Equalization payments to provinces

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Territorial Formula Financing (Part I.1—Federal-Provincial Fiscal Arrangements Act)

Start date: 1985

End date: Ongoing

Description: Territorial Formula Financing payments are made to all territorial governments to provide the resources they need to deliver services that are comparable to those delivered by provincial governments, taking into account the high costs and unique challenges in the North.

Expected results: Timely and accurate administration of payments to territories

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Canada Health Transfer (Part V.1—Federal-Provincial Fiscal Arrangements Act)

Start date: 2004

End date: Ongoing

Description: The Canada Health Transfer (CHT) provides equal per-capita support for health care through cash and tax transfers to provincial and territorial governments. The CHT supports the government's commitment to maintain the Canada Health Act'snational criteria (comprehensiveness, universality, portability, accessibility, and public administration), conditions, and prohibitions against user fees and extra-billing.

Expected results: Timely and accurate administration of CHT payments to provinces and territories

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Canada Social Transfer (Part V.1—Federal-Provincial Fiscal Arrangements Act)

Start date: 2004

End date: Ongoing

Description: The Canada Social Transfer (CST) provides equal per-capita cash support and tax transfer support to provincial and territorial governments to assist them in financing social programs, post-secondary education, and programs for children. The CST gives provinces and territories the flexibility to allocate payments to those areas according to their own priorities and supports the government's commitment to prohibit minimum residency requirements for social assistance.

Expected results: Timely and accurate administration of CST payments to provinces and territories

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Statutory Subsidies (Constitution Act,1867; Constitution Act,1982; and other statutory authorities)

Start date: 1867

End date: Ongoing

Description: The statutory subsidies provide a source of funding to provinces in accordance with terms of entry into Confederation.

Expected results: Timely and accurate administration of payments to provinces and territories for targeted support

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Youth Allowances Recovery (Federal-Provincial Fiscal Revision Act, 1964)

Start date: 1964

End date: Ongoing

Description: The Youth Allowances Recovery is a recovery from the Province of Quebec for an additional tax point transfer (three points) above and beyond the Canada Health Transfer and Canada Social Transfer tax point transfers. In the 1960s, Quebec chose to use the federal government's contracting-out arrangements for certain federal-provincial programs. Taken together, the Alternative Payments for Standing Programs and the Youth Allowances Recovery are known as the "Quebec Abatement" These arrangements ensure that all provinces and territories are treated the same through cash and tax transfers in support of health and social programs.

Expected results: Timely and accurate administration of payments to provinces and territories for targeted support

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Alternative Payments for Standing Programs (Part VI—Federal-Provincial Fiscal Arrangements Act)

Start date: 1977

End date: Ongoing

Description: The Alternative Payments for Standard Programs is a recovery from the Province of Quebec for an additional tax point transfer (13.5 points) above and beyond the Canada Health Transfer and Canada Social Transfer tax point transfers. In the 1960s, Quebec chose to use the federal government's contracting-out arrangements for certain federal-provincial programs. Taken together, the Alternative Payments for Standing Programs and the Youth Allowances Recovery are known as the "Quebec Abatement." These arrangements ensure that all provinces and territories are treated the same through cash and tax transfers in support of health and social programs.

Expected results: Timely and accurate administration of payments to provinces and territories for targeted support

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Wait Times Reduction Transfer (Part V.1—Federal-Provincial Fiscal Arrangements Act)

Start date: 2004–05

End date: 2013–14

Description: As part of the 10-Year Plan to Strengthen Health Care, the Government of Canada committed support to the provinces and territories to help reduce wait times in the health care system—primarily in support of human resources and tools to manage wait times. A total of $4.25 billion was provided through a third-party trust fund in 2004 and was notionally allocated over 5 years, from 2004–05 to 2008–09. This amount has been paid in full. From 2009–10 to 2013–14, annual funding of $250 million will be provided to the provinces and territories through a transfer.

Expected results: Timely and accurate administration of payments to provinces and territories for targeted support

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Payment to Ontario Related to the Canada Health Transfer (Budget Implementation Act, 2009)

Start date: 2009–10

End date: 2010–11

Description: Direct payments are made to the Government of Ontario to ensure its per-capita cash entitlements in relation to the Canada Health Transfer are the same as for other Equalization-receiving provinces.

Expected results: Timely and accurate administration of payments to provinces and territories for targeted support

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Incentive for Provinces to Eliminate Taxes on Capital (Part IV—Federal-Provincial Fiscal Arrangements Act)

Start date: 2007–08

End date: 2010–11

Description: Financial incentive to encourage provinces to eliminate provincial capital taxes or restructure an existing capital tax on financial institutions into a minimum tax

Expected results: Increase the competitiveness of Canadian businesses by strengthening Canada's business tax advantage

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Canadian Securities Regulation Regime Transition Office (Canadian Securities Regulation Regime Transition Office Act)

Start date: 2009–10

End date: 2011–12

Description: In Budget 2009, the Government of Canada committed to move forward quickly with willing provinces and territories to establish a Canadian securities regulator that respects regional interest and expertise as well as constitutional jurisdiction. The Transition Office will lead the development of draft legislation and work with willing partners to establish an appropriate framework for moving forward. These funds will be used to finance the Transition Office's operations.

Expected results: Development of the new Federal Securities Act and establishment of a Canadian securities regulator, which will serve to create a more efficient and streamlined regulatory system that reinforces financial stability, strengthens enforcement, protects investors, and is more accountable

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Establishment of a Canadian Securities Regulation Regime and Canadian Regulatory Authority (Budget Implementation Act, 2009)

Start date: 2009–10

End date: 2010–11

Description: In Budget 2009, the Government of Canada committed to move forward quickly with willing provinces and territories to establish a Canadian securities regulator that respects regional interest and expertise as well as constitutional jurisdiction. These funds will be used to compensate participating provinces and territories for matters relating to the transition toward a Canadian securities regulator. 

Expected results: Establishment of a Canadian securities regulator, which will serve to create a more efficient and streamlined regulatory system that reinforces financial stability, strengthens enforcement, protects investors, and is more accountable

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Debt Payments on Behalf of Poor Countries to International Organizations pursuant to section 18(1) of the Economic Recovery Act

Start date: 2010

End date: 2054

Description: Payments for Canada's commitment to the G8-led Multilateral Debt Relief Initiative

Expected results: Payments to international organizations consistent with Government of Canada commitments

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.

Strategic outcome: A strong and sustainable economy, resulting in increasing standards of living and improved quality of life for Canadians

Program activity: Transfer and Taxation Payment Programs

Name of transfer payment program: Transitional Assistance to Provinces Entering into the Harmonized Value-Added Tax Framework (Part III.1—Federal-Provincial Fiscal Arrangements Act)

Start date: 2010

End date: 2011

Description: The Governments of Canada and Ontario entered into a Comprehensive Integrated Tax Coordination Agreement in respect of Ontario's decision to adopt the harmonized value-added tax framework. The Agreement was entered into under the authority of Part III.1 of the Federal-Provincial Fiscal Arrangements Act. As part of the Agreement, Canada has committed to providing Ontario with $4.3 billion in transitional assistance, in two payments, to help offset transition costs and to facilitate economic growth and job creation.

Expected results: Introduction of the harmonized value-added tax in Ontario starting July 1, 2010

Link to transfer payment program plan: A summary of the Department of Finance Canada's Three-Year Plan for Transfer Payment Programs can be found on the department's website.