Sentences with phrase «on nominal gross domestic product»
Not exact matches
On December 19, 2011, the federal Minister of Finance announced that the federal government had decided that, beginning in 2017 - 18 and through to 2023 - 24, the annual increase in the Canada Health Transfer (CHT) would be linked to a three - year moving average in nominal Gross Domestic Product (GDP).
http://www.3dpolicy.ca/
This was based on real GDP growth of 2.0 % and nominal gross domestic product growth of 1.6 % in 2015.
In addition, PBO's forecast for nominal gross domestic product (GDP)-- the broadest measure of the federal tax base - is considerably lower than the average of the private sector economists» forecasts released by the Minister of Finance on October 29, 2012.
Nominal gross domestic product, the broadest measure of the tax base for federal revenue, is projected to be about 6 per cent higher in 2010 than in 2009, which should impact positively on federal revenues.
Based on IMF (International Monetary Fund) stats, Canada is placed at 17th in terms of nominal gross domestic product (GDP) constructed on purchasing power parity (PPP).