Excerpts from the agreement:
Canada has determined the following maximum amounts, which will be allocated among territories and provinces under this initiative on an equal transfer per capita basis for the period commencing on April 1, 2006, and terminating on March 31, 2010:
a. $650 million for the fiscal year commencing on April 1, 2006
b. $1.15 billion for the fiscal year commencing on April 1, 2007
c. $1.15 billion for the fiscal year commencing on April 1, 2008
d. $1.15 billion for the fiscal year commencing on April 1, 2009
The final annual amount to be paid to Québec will be calculated by multiplying the total amount of federal funding paid for that fiscal year as listed above by the quotient obtained by dividing the population of Québec for that fiscal year by the total population of all territories and provinces for that fiscal year.
For 2006 to 2010, funding will be transferred directly to the Government of Québec. Québec having the objective of increasing to 200,000 the number of child care spaces at reduced parental contribution by 31 March, 2006, it may invest federal funds provided through this agreement in related objectives for the well-being of families. Québec agrees to incorporate into its current public reporting cycles information concerning its priorities and financing provided by Canada according to the terms of this Agreement.
Québec will provide Canada with the information and reports it prepares on its educational child care system and supplies to non-governmental organizations and the public. Québec agrees to allow Canada to distribute them and make them available to other provincial/territorial governments.