Thank you, Mr. Chair. The Canada Health Transfer and Canada Social Transfer have two components: a cash portion and what’s referred to as a tax point transfer. What’s shown here is the cash portion. Because the value of income taxes that the GNWT receives goes into the calculations, if our taxes go up, the value of the cash transfer goes down. The total value of the transfers is rising, but because of those adjustments, the cash transfer may go up and down.
Ms. Melhorn on Main Estimates 2008–2009 Department Of Finance
In the Legislative Assembly on June 13th, 2008. See this statement in context.
Main Estimates 2008–2009 Department Of Finance
Consideration in Committee of the Whole of Bills and Other Matters
June 12th, 2008
Melhorn
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