1The following definitions apply in this Act.
“balanced budget” means a budget for a fiscal year in which the total amount of expenses for that year do not exceed the total amount of revenue for that year.(budget équilibré)
“expenses” , in relation to a particular fiscal year, means the expenses of the Province for that fiscal year as reported in the most recent Public Accounts. (charges)
“first fiscal period” means the period of five fiscal years commencing on April 1, 2014, and ending on March 31, 2019. (première période financière)
“fiscal period” means the first fiscal period or a subsequent fiscal period, as the case may be. (période financière)
“fiscal year” means the period commencing on April 1 in one year and ending on March 31 in the next year. (exercice financier)
“GDP” , in relation to a particular year, means the nominal Gross Domestic Product for the Province as set out for that year in the most recent version of the Provincial and Territorial Economic Accounts published by Statistics Canada under the authority of the Statistics Act (Canada) or, if that figure is not available, the projected Gross Domestic Product published by the Department of Finance in its most recent fiscal update. (PIB)
“general election” means a general election as defined in the Political Process Financing Act.(élection générale)
“Minister” means the Minister of Finance. (ministre)
“net debt” , in relation to a particular fiscal year, means the net debt of the Province in that fiscal year as reported in the most recent Public Accounts. (dette nette)
“publish” means to make public by or through any media.(publier)
“revenue” , in relation to a particular fiscal year, means the revenue of the Province for that fiscal year as reported in the most recent Public Accounts. (recettes)
“scheduled general election” means a scheduled general election as defined in the Elections Act.(élections générales programmées)
“subsequent fiscal period” means a period consisting of five consecutive fiscal years with the first such period commencing on April 1, 2019, and ending on March 31, 2024, and each successive period commencing on the day following completion of the preceding period. (période financière subséquente)