The Tender For Law

Volume 5

Mar 30, 2014 7:59 PM

David Vilaca

From April 1 to October 31, 2013, budgetary revenue amounts to $39.3 billion, $1.6 billion more than as at October 31, 2012.

� Own-source revenue stands at $29.7 billion, $673 million more than last year.

� Federal transfers amount to $9.6 billion, up $906 million compared to October 31, 2012. They take into account $605 million stemming from the payment by the federal government of $1 467 million1 corresponding to the second portion of the financial compensation arising from the harmonization of the Qu�bec sales tax (QST) with the federal goods and services tax (GST).