ECON 318 Lecture 42: Econ 318_F2016_Chapter_042_Canadas Health Social Transfers Programs
12 Nov 2016
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Econ 318: canadian economic policy & institutions 2016-2017. The government of canada provides significant financial support to provincial and territorial governments on an ongoing basis to assist them in the provision of programs and services. There are four main transfer programs: the canada health transfer (cht, the canada social transfer (cst, equalization, and, territorial formula financing (tff) The cht and cst are federal transfers which support specific policy areas. The cht is intended for use in the area of health and incorporates the former canada assistance. Plan (cap) and the established program financing (epf), which were essentially merged and changed in the 1995 budget. The cst is directed to third level education and social welfare. Until 2004, these programs were under the same umbrella called canada health and social. The cht & cst are distributed on an equal per capita basis. The equalization and tff programs are unconditional transfers to the provinces and territories.
