Territorial Formula Financing
From Wikipedia, the free encyclopedia
Territorial Formula Financing (TFF) is an annual unconditional transfer from Canada's federal government to the three territorial governments of Yukon, the Northwest Territories, and Nunavut to support the provision of public services.
A significant portion of the financial resources of the territorial governments comes from the Canadian federal government through the TFF grant – in 2005-06, TFF was approximately 61 per cent of Yukon’s, 66 per cent of the Northwest Territories’ and 81 per cent of Nunavut’s total financial resources.
Total TFF payments were roughly $2 billion in 2005-06.
