Which Two Components Resulted from the Split in 2004 of the Block-Funding

question 20

Multiple Choice

Which two components resulted from the split in 2004 of the block-funding grant called the Canada Health and Social Transfer (CHST) ?

• A) separate transfers for health and postsecondary education
• B) medicare and an education transfer
• C) the Canada Health Transfer and the Canada Social Transfer
• D) a health funding transfer and a social assistance funding transfer

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Definitions:

Taxes

Mandatory financial charges or levies imposed by a government on individuals or organizations to fund public expenditures.

Transfers

Movements of resources, goods, or funds from one place, person, or entity to another, often without receiving something in return.

Households

Units of individuals living together, making decisions regarding consumption, savings, and investments, playing a key role in the economic system.

Total Income

The sum of all earnings received by an individual or entity, including wages, salaries, and investment returns.