Letters to Provinces and Territories: Newfoundland and Labrador

The Honourable Tom Osborne, M.H.A.
Minister of Finance
Government of Newfoundland and Labrador
Confederation Building
Main Floor, East Block
Prince Philip Parkway
P.O. Box 8700
St. John's, NL   A1B 4J6

Dear Colleague:

I look forward to welcoming you to the December 2018 Federal, Provincial and Territorial Finance Ministers' Meeting in Ottawa.

In the meantime, I am pleased to provide you with Newfoundland and Labrador's transfer payment amounts for 2019-20 in accordance with the Federal-Provincial Fiscal Arrangements Act (the Act) and relevant regulations.

Total major transfers to Newfoundland and Labrador for 2019-20 will round to $767 million, an increase of $17 million from 2018-19.  The first estimates of your province's Canada Health Transfer and Canada Social Transfer payments for 2019-20 are $563.7 million and $203.6 million respectively.  In accordance with the legislated formula under the Act and its regulations, Newfoundland and Labrador does not qualify for an Equalization payment for 2019-20.

Enclosed for your information is a table presenting the 2019-20 major transfer amounts for each province and territory.  The table will be provided to your officials and posted on the Department of Finance's website in the context of the December 2018 Finance Ministers' Meeting.

I look forward to continuing our work on behalf of all Canadians.

Yours sincerely,

The Honourable Bill Morneau, P.C., M.P.

Major Transfer Payments for 2019-20 ($ millions)1
Jurisdiction Equalization Territorial Formula Financing* Canada Health Transfer Canada Social Transfer Total 2019-20
           
NL     564 204 767
PEI 419   167 60 647
NS 2,015   1,039 376 3,430
NB 2,023   833 301 3,157
QC 13,124   9,117 3,294 25,536
ON     15,652 5,655 21,307
MB 2,255   1,474 533 4,262
SK     1,264 457 1,720
AB     4,694 1,696 6,390
BC     5,434 1,963 7,397
YK   997 44 16 1,058
NWT   1,309 48 17 1,375
NU   1,642 42 15 1,699
TOTAL 19,837 3,948 40,373 14,586 78,744
1 Totals may not add due to rounding
* Includes transition payments of $1,270,000 to Yukon and $1,744,000 to the Northwest Territories (Budget 2018)