Thank you, Madam Chair. Just to explain the way Canada health and social transfer works, there are two components to the transfer. A cash transfer, which is recorded here, and what's known as the tax point transfer, which is related to the value of a portion of personal income tax and corporate income tax that each province and territory receives. So the federal government has determined a total of CHST entitlement. It then subtracts the value of the tax point transfer and determines the cash transfer. So CHST changes as our personal and corporate income tax estimates change. It also depends on prior year adjustments to corporate income tax which is then reflected in a current year's CHST. It's a very complicated determination of the cash transfer amount. I guess that's the short answer to the question.
Ms. Melhorn on Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 19th, 2004. See this statement in context.
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
March 18th, 2004
Page 96
Melhorn
See context to find out what was said next.