What is the Government doing to help provinces and territories?
Provinces and territories can continue to count on long-term, growing support from this Government. In 2010–11, major federal transfers to provinces and territories will total an all-time high of nearly $53.6 billion, an increase of $2.1 billion over 2009–10. In 2010–11, this support includes an additional: • $1.4 billion in the Canada Health Transfer (CHT) for a total of $25 billion. This funding is legislated to grow at 6 per cent annually until 2013–14; • $321 million in the Canada Social Transfer (CST) for a total of $11.2 billion, growing at 3 per cent annually until 2013–14; • $187 million in Equalization for a total of $14.4 billion. Support through the Equalization program has grown by 32 per cent over the last five years and will continue to grow in line with the economy; and • $166 million in Territorial Formula Financing (TFF) for a total of $2.7 billion. In addition, $525 million will be provided through one-time payments to ensure provinces are protected from any decline i
