Common use of Fiscal Arrangements Clause in Contracts

Fiscal Arrangements. The parties are committed to the improvement of federal-provincial fiscal arrangements. Both parties agree to promote better fiscal balance, both vertical and horizontal, in the Canadian federation. To this end, the parties share the joint goals of strengthening the Equalization Program and restoring the federal government’s contribution to social program funding to more adequate levels. The parties agree to share information on the state of federal-provincial fiscal arrangements and to co-operate as appropriate in the development and articulation of common positions as they relate to this issue.