TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

LEGISLATED FORMULA [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1999-03-24

English

Subject field(s)
  • Financial and Budgetary Management
  • Public Sector Budgeting
CONT

Equalization transfers are determined on the basis of a legislated formula. First, the amount of revenue that each province could raise (if it applied national average tax rates) is calculated for each kind of revenue that provinces and their local governments typically levy. Second, each province's overall ability to raise revenues from these sources is compared to that of the five provinces making up a representative standard: Quebec, Ontario, Manitoba, Saskatchewan and British Columbia.

OBS

Terminology found in the 1999 Federal Budget.

French

Domaine(s)
  • Gestion budgétaire et financière
  • Budget des collectivités publiques
CONT

Les paiements de péréquation sont calculés selon une formule établie par la loi. Premièrement, les recettes que chaque province pourrait obtenir (au taux national moyen d'imposition) sont calculées pour chaque assiette fiscale des administrations provinciales et locales. Deuxièmement, la capacité globale de chaque province de générer des recettes de ces assiettes est comparée à une norme représentative constituée des cinq provinces suivantes : le Québec, l'Ontario, le Manitoba, la Saskatchewan et la Colombie-Britannique.

OBS

Terminologie extraite du Budget 1999.

Spanish

Save record 1

Copyright notice for the TERMIUM Plus® data bank

© Public Services and Procurement Canada, 2025
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Display options

Change the order of display of the official languages of Canada
Option to display the non-official languages (Spanish or Portuguese)
Display definitions, contexts, etc., on records

Features

Language Portal of Canada

Access a collection of Canadian resources on all aspects of English and French, including quizzes.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: