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MINISTER DION CONFIRMS THAT THE DIFFERENCE BETWEEN THE OCTOBER
2002 AND THE FEBRUARY 2003 ESTIMATES OF THE EQUALIZATION AMOUNTS RECEIVED BY THE
GOVERNMENT OF QUEBEC IS INDEED $59 MILLION
OTTAWA, (ONTARIO), February 19, 2003 – Following statements made by the
Quebec Deputy Premier and Minister of Finance, Economy and Research,
Pauline Marois, on the subject of equalization, the Minister of
Intergovernmental Affairs, Stéphane Dion, highlighted that the October 2002
official estimates of equalization payments for Quebec indicated that it should
receive $5.294 billion for 2000-01, $4.822 billion for 2001-02 and $4.678
billion for 2002-03.
Official estimates for February 2003 reveal that these are now $5.329 billion
for 2000-01, $4.707 billion for 2001-02 and $4.699 billion for 2002-03.
For the three years in question, there is thus a downward revision of $59
million between the October 2002 estimates and those of February 2003.
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For information :
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André Lamarre
Senior Advisor
Telephone: (613) 943-1838
Fax: (613) 943-5553
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