Common use of Financial Provisions Clause in Contracts

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan Priorities Canada Community Housing2 2019-2020 $9,677,900 $5,888,500 2020-2021 $6,205,100 $11,850,000 2021-2022 $5,249,000 $13,122,000 2022-2023 $5,222,100 $15,965,900 2023-2024 $5,221,400 $18,025,100 2024-2025 $4,827,800 $22,066,400 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 and will be allocated to SHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,400; 2026-2027 $31,437,700; 2027-2028: $37,311,500. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan British Columbia Priorities Canada Community Housing2 2019-2020 $9,677,900 31,613,900 $5,888,500 5,623,300 2020-2021 $6,205,100 20,269,600 $11,850,000 14,138,500 2021-2022 $5,249,000 17,146,200 $13,122,000 19,828,500 2022-2023 $5,222,100 17,058,600 $15,965,900 25,930,700 2023-2024 $5,221,400 17,056,300 $18,025,100 31,740,800 2024-2025 $4,827,800 15,770,500 $22,066,40041,340,200 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 238,029,200 and will be allocated to SHC BCHMC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,400$ 53,713,400; 2026-2027 $31,437,700$ 73,061,100; 2027-2028: $37,311,500$ 88,487,800. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. agreed to by CMHC and BCHMC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌apply.

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan Yukon Priorities Northern housing2 Canada Community Housing2 Housing3 2019-2020 $9,677,900 1,658,600 $5,888,500 2,400,000 $52,500 2020-2021 $6,205,100 1,063,400 $11,850,000 2,400,000 $177,600 2021-2022 $5,249,000 899,600 $13,122,000 2,400,000 $238,900 2022-2023 $5,222,100 895,000 $15,965,900 2,400,000 $326,500 2023-2024 $5,221,400 894,900 $18,025,100 2,400,000 $801,100 2024-2025 $4,827,800 827,400 $22,066,4002,400,000 $1,125,600 2 The notional amount of CMHC Funding for the Northern Housing Initiative by Fiscal Year, following the years in the table set out in section 3.1 above is as follows: 2025-2026: $2,400,000; 2026-2027 $2,400,000; 2027-2028: $2,400,000. These notional amounts are included in the maximum amount of CMHC Funding set out in section 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $ 1,640,600; 2026-2027 $ 2,962,900; 2027-2028: $ 3,201,200. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 16,199,200 and will be allocated to SHC YHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC YHC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,400; 2026-2027 $31,437,700; 2027-2028: $37,311,500. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌apply.

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan Northwest Territories Priorities Northern Housing2 Canada Community Housing2 Housing3 2019-2020 $9,677,900 1,937,700 $5,888,500 3,600,000 $531,600 2 The notional amount of CMHC Funding for the Northern Housing Initiative by Fiscal Year, following the years in the table set out in section 3.1 above is as follows: 2025-2026: $3,600,000; 2026-2027 $3,600,000; 2027-2028: $3,600,000. These notional amounts are included in the maximum amount of CMHC Funding set out in section 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $6,860,100; 2026-2027 $8,645,200; 2027-2028: $10,577,200. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 2020-2021 $6,205,100 1,242,400 $11,850,000 3,600,000 $1,352,500 2021-2022 $5,249,000 1,050,900 $13,122,000 3,600,000 $2,363,100 2022-2023 $5,222,100 1,045,600 $15,965,900 3,600,000 $3,370,600 2023-2024 $5,221,400 1,045,400 $18,025,100 3,600,000 $3,805,300 2024-2025 $4,827,800 966,600 $22,066,4003,600,000 $5,523,200 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 38,277,900 and will be allocated to SHC NWTHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC NWTHC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,400; 2026-2027 $31,437,700; 2027-2028: $37,311,500. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌apply.

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out belowbelow for the initial period beginning on April 1, 2019 to March 31, 2022: Saskatchewan Priorities Canada ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Community Housing2 2019-2020 $9,677,900 1,937,700 $5,888,500 3,600,000 $531,600 2020-2021 $6,205,100 1,242,400 $11,850,000 3,600,000 $1,352,500 2021-2022 $5,249,000 1,050,900 $13,122,000 2022-2023 3,600,000 $5,222,100 $15,965,900 2023-2024 $5,221,400 $18,025,100 2024-2025 $4,827,800 $22,066,4002,363,100 3.2. CMHC Funding for during the period from Fiscal Years 20252022-2026 2023 to 2027-2028 is the maximum amount of $101,644,200 64,834,600 and will be allocated to SHC NWTHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC NWTHC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 1 The notional amount of CMHC Funding for the Northern Housing Initiative by Fiscal Year, following the three years in the table set out in section 3.1 above is as follows: 2022-2023: $3,600,000; 2023-2024: $3,600,000; 2024-2025: $3,600,000; 2025-2026: $3,600,000; 2026-2027 $3,600,000; 2027-2028: $3,600,000. These notional amounts are included in the maximum amount of CMHC Funding set out in section 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six three years in the table set out in subsection section 3.1 above is as follows: 2022-2023: $3,370,600; 2023-2024: $3,805,300; 2024-2025: $5,523,200; 2025-2026: $25,925,4006,860,100; 2026-2027 $31,437,7008,645,200; 2027-2028: $37,311,50010,577,200. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection section 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than beyond March 31, 20452042), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌apply.

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan New Brunswick Priorities Canada Community Housing2 2019-2020 $9,677,900 8,214,100 $5,888,500 1,636,100 2020-2021 $6,205,100 5,266,600 $11,850,000 4,722,000 2021-2022 $5,249,000 4,455,000 $13,122,000 7,178,100 2022-2023 $5,222,100 4,432,300 $15,965,900 10,288,500 2023-2024 $5,221,400 4,431,700 $18,025,100 11,830,000 2024-2025 $4,827,800 4,097,600 $22,066,40014,964,600 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 68,069,000 and will be allocated to SHC NBHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC NBHC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,40016,975,700; 2026-2027 2027: $31,437,70021,323,100; 2027-2028: $37,311,50023,854,700. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌apply.

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan Newfoundland and Labrador Priorities Canada Community Housing2 2019-2020 $9,677,900 7,171,600 $5,888,500 2,783,000 2020-2021 $6,205,100 4,598,100 $11,850,000 7,735,900 2021-2022 $5,249,000 3,889,600 $13,122,000 8,242,600 2022-2023 $5,222,100 3,869,700 $15,965,900 8,939,600 2023-2024 $5,221,400 3,869,200 $18,025,100 9,270,500 2024-2025 $4,827,800 3,577,500 $22,066,40011,787,800 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 59,575,800 and will be allocated to SHC NLHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $14,060,900; 2026-2027 $19,035,200; 2027-2028: $21,315,000. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC NLHC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,400; 2026-2027 $31,437,700; 2027-2028: $37,311,500. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌apply.

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan Ontario Priorities Canada Community Housing2 Housing3 2019-2020 $9,677,900 84,384,300 $5,888,500 33,159,200 2020-2021 $6,205,100 54,103,900 $11,850,000 81,044,800 2021-2022 $5,249,000 45,767,000 $13,122,000 112,125,600 2022-2023 $5,222,100 45,533,100 $15,965,900 147,316,100 2023-2024 $5,221,400 45,526,900 $18,025,100 182,485,700 2024-2025 $4,827,800 42,095,000 $22,066,400235,458,400 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 1,035,854,900 and will be allocated to SHC MHO in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC MHO in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 3 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,400274,768,100; 2026-2027 $31,437,700333,968,000; 2027-2028: $37,311,500366,348,900. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament.. GV230418-NB- CV180518(NB)-2 CV300518-3-SV260618NB-GV040322 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan Nunavut Priorities Northern Funding2 Canada Community Housing2 Housing3 2019-2020 $9,677,900 1,542,800 $5,888,500 24,000,000 $831,200 2020-2021 $6,205,100 989,200 $11,850,000 24,000,000 $2,840,800 2021-2022 $5,249,000 836,700 $13,122,000 24,000,000 $4,188,700 2022-2023 $5,222,100 832,500 $15,965,900 24,000,000 $5,011,000 2 The notional amount of CMHC Funding for the Northern Housing Initiative by Fiscal Year, following the years in the table set out in section 3.1 above is as follows: 2023-2024: $24,000,000; 2024-2025: $24,000,000; 2025-2026: $24,000,000; 2026-2027 $24,000,000; 2027-2028: $24,000,000. These notional amounts are included in the maximum amount of CMHC Funding set out in section 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $5,137,000; 2026-2027 $6,997,700; 2027-2028: $8,601,600. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 2023-2024 $5,221,400 832,400 $18,025,100 24,000,000 $4,426,400 2024-2025 $4,827,800 769,600 $22,066,40024,000,000 $4,669,500 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 117,847,300 and will be allocated to SHC NHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC NHC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,400; 2026-2027 $31,437,700; 2027-2028: $37,311,500. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌apply.

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan Manitoba Priorities Canada Community Housing2 2019-2020 $9,677,900 10,899,500 $5,888,500 2,160,600 2020-2021 $6,205,100 6,988,300 $11,850,000 6,010,300 2021-2022 $5,249,000 5,911,500 $13,122,000 8,608,100 2022-2023 $5,222,100 5,881,300 $15,965,900 13,413,900 2023-2024 $5,221,400 5,880,500 $18,025,100 18,131,400 2024-2025 $4,827,800 5,437,200 $22,066,40023,746,800 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 112,327,500 and will be allocated to SHC MHRC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,40028,426,600; 2026-2027 $31,437,70035,416,000; 2027-2028: $37,311,500$ 40,635,500. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. agreed to by CMHC and MHRC in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌apply.

Financial Provisions. 3.1. Maximum CMHC Funding is available by Initiative and by Fiscal Year as set out below: Saskatchewan Nova Scotia Priorities Canada Community Housing2 2019-2020 $9,677,900 10,746,800 $5,888,500 3,210,800 2020-2021 $6,205,100 6,890,400 $11,850,000 7,889,000 2021-2022 $5,249,000 5,828,700 $13,122,000 9,492,300 2022-2023 $5,222,100 5,798,900 $15,965,900 12,785,600 2023-2024 $5,221,400 5,798,100 $18,025,100 14,364,100 2024-2025 $4,827,800 5,361,000 $22,066,40018,453,200 3.2. CMHC Funding for Fiscal Years 2025-2026 to 2027-2028 is the maximum amount of $101,644,200 90,461,800 and will be allocated to SHC the DMAH in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 3.4. CMHC Funding under this Agreement, including funding under the Canada Community Housing Initiative set out above, will be used to ensure that the same number of Social Housing Units under the SHA and Community Housing Units, as at March 31, 2019, and as agreed to by CMHC and SHC the DMAH in Schedule C, will continue to be offered over the course of this Agreement, as required by the Targets and Outcomes set out in the Action Plan. 2 The notional amount of CMHC Funding for the Canada Community Housing Initiative by Fiscal Year, following the six years in the table set out in subsection 3.1 above is as follows: 2025-2026: $25,925,400$ 23,074,700; 2026-2027 $31,437,700$ 28,348,500; 2027-2028: $37,311,500$ 31,299,200. These notional amounts are included in the maximum amount of CMHC Funding set out in subsection 3.2 above of this Schedule B and remains subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. 3.5. For Cost-Matched Funding the value of in-kind contributions will be the fair market value of the contributions. The value of ongoing CMHC Funding will be the present value of the projected stream of ongoing contributions, for the period of the ongoing contributions (up to a maximum of twenty years from the date of Commitment, but not later than March 31, 2045), discounted at the appropriate Government of Canada benchmark bond yield rate. “Appropriate” means at the closing market price for bonds with a remaining term equal to or nearest to the period, on or most recently before the Commitment is made, as published by the Bank of Canada. Where there is no such remaining term nearer to the period than all the others, the nearest longer remaining term will apply.‌apply.