Thank you, Mr. Speaker. Mr. Speaker, in this year's federal budget, they announced that we were going to get an additional $1.7 million toward our formula financing as a result of the negative impacts of the review of the territorial formula financing that they just completed. The current deal expires on April 9th. The Member is correct. We are getting renewed for the next five years, and my understanding is for the next five years we should get incremental increases, actually, to our budget, to offset the negative impacts of the review. Thank you, Mr. Speaker.
Robert C. McLeod on Question 255-18(3): Renewal of Territorial Formula Funding
In the Legislative Assembly on March 13th, 2018. See this statement in context.
Question 255-18(3): Renewal of Territorial Formula Funding
Oral Questions
March 13th, 2018
Page 3827
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