Alberta is seeking $707 million under the federal program for fiscal year 2020\u002D21 while Ottawa calculates Alberta should get $577 million
The note is signed by Freeland endorsing the lower value, and the documents include a three-paragraph draft letter from her to then-Alberta finance minister Travis Toews indicating the federal government’s decision.
The office of current Alberta Finance Minister Nate Horner stated the ministry had anticipated getting credit for the Accelerated Capital Cost Allowance and the non-indexation of the personal income tax system, but was denied. The legislative deadline for the final determination of the claim is Nov. 30, though there is no recourse mechanism that would allow for negotiations of the calculated amount.
Payments had been capped at $60 per capita since 1987 but were raised to $169 per capita when the program was overhauled in 2020. Those changes also raised the maximum payment for Alberta for the 2020-21 fiscal year from $265 million to $748 million.
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