Where Does the Money Come From?
December 2015 Estimate ($Millions)
|Personal Income Tax||$1,299.4||21.3%|
|Health and Social Transfers||$685.1||11.2%|
|Other Provincial Resources||$559.0||9.2%|
|Other Federal Sources||$451.8||7.4%|
|Government Business Enterprises||$363.0||6.0%|
|Corporate Income Tax||$352.5||5.8%|
|Fees and Fines||$170.4||2.8%|
Where does government get its money? The bulk is from taxation. As for offshore royalties, in April 2015 that accounted for 17.4 per cent of the province's revenue. Now? It's only 9.1 per cent.