E-12.00002 - Balanced Budget Act

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5. The Government may anticipate a budget deficit as a result of
(1)  a disaster having a major impact on revenue or expenditure;
(2)  a significant deterioration of economic conditions; or
(3)  a change in federal programs of transfer payments to the provinces that would substantially reduce transfer payments to the Government.
2023, c. 30, s. 29.