"The 2004 deal – covering the health, social and equalization transfer programs – expires in 2013-14. The deal included annual 6 per cent increases for health transfers and 3 per cent increases to the social transfer. Mr. Flaherty announced that while the social transfer will continue at 3 per cent, the health transfer will move toward a formula based on economic growth."

(Source 1)

"The provinces already know that Ottawa is looking to cut growth in health-care funding from the current level of 6 per cent annually to something like the nominal increase in gross domestic product – say about 4 per cent – after 2016. Ontario Finance Minister Dwight Duncan figures that would cost the provinces $25-billion over 10 years in lost health transfers."

(Source 2)

"Canada's Conservative government has announced that it is raising the retirement age to 67 from 65 for pension benefits as the finance minister introduced a federal budget features the biggest cutbacks since the mid-1990s."

(Source 3)