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- The Transfers Story - plain text version - 

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A significant amount of its own funding is transferred by the federal government to the provinces and territories to support important social investments, such as health care and education. These are called transfers. Finance Canada administers these transfers. The key transfer programs are: 

• the Canada Health and Social Transfer (CHST), which goes to all provinces and territories and is used to fund health care, post-secondary education and social assistance and social services;
• Equalization, which ensures that less prosperous provinces can provide reasonably comparable public services without their taxes being out of line with those of more affluent provinces; and
• Territorial Formula Financing (TFF) which provides territorial governments with funding to support public services, in recognition of the higher cost of living in the north.

	Federal Transfers to Provinces and Territories: the details (February 2002).

Related Links

	The Fiscal Balance in Canada: The Facts (January 2002)
	Provincial and Territorial Departments of Finance (HotLinks).