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Fiscal Stabilization Program – Indexing the maximum per capita payment

Published on January 20, 2021 PDF(opens a new window)

In the 2020 Fall Economic Statement, the Government proposed to index the maximum payment of $60 per capita (set in 1987) available to a province each year through the Fiscal Stabilization Program (FSP). This indexation increases the maximum payment to $169.82 per capita for both fiscal years 2019-2020 and 2020-2021 and will grow with the Canadian economy, that is, nominal gross domestic product (GDP) per person, for subsequent years.

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