Federal-Provincial Fiscal Arrangements Regulations, 2007 — 8
rvested from that land multiplied by the regional price of industrial roundwood, other than industrial roundwood referred to in clauses (A) to (D), and (F) the net marketable volume of fuelwood and firewood harvested from that land multiplied by the regional price of fuelwood and firewood, and (ii) from private land in the province, the value of production from logging on that land in the calendar year that ends in the fiscal year, which is the sum of the products referred to in clauses (i)(A) to (F), for each of which the net merchantable volume is determined by Natural Resources Canada’s Canadian Forest Service for the purpose of its National Forestry Database , Table 5.1, Net Merchantable Volume of Roundwood Harvested by Category, Ownership, and Province/Territory ; (m) in the case of oil revenues described in paragraph 7(1)(m), the product of (i) the total value of the marketable production of new oil from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by the Minister based on relevant data, less the value of the sum of the parts of that marketable production whose value is described in subparagraph (o)(i) and paragraph (p), and (ii) the adjustment factor for oil referred to in subsection (3); (n) in the case of oil revenues described in paragraph 7(1)(n), the product of (i) the total value of the marketable production of crude oil from hydrocarbon deposits in the province in a calendar year that ends in the fiscal year, as determined by Statistics Canada on the basis of its survey Oil and Gas Extraction , less the value of the parts of that marketable production described in subparagraphs (m)(i) and (o)(i), paragraph (p) and subparagraphs (q)(i) and (r)(i), and (ii) the adjustment factor for oil referred to in subsection (3); (o) in the case of heavy oil revenues described in paragraph 7(1)(o), the product of (i) the total value of the marketable production of crude oil, having a density of 935 kg/m 3 or greater, from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by the Minister based on relevant data, less the value of the sum of the parts of that marketable production described in paragraph (p) and subparagraph (r)(i), and (ii) the adjustment factor for oil referred to in subsection (3); (p) in the case of mined oil revenues described in paragraph 7(1)(p), the total value of the marketable production of synthetic petroleum from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by Statistics Canada on the basis of its survey Oil and Gas Extraction ; (q) in the case oil revenues referred to in paragraph 7(1)(q), the product of (i) the total value of the marketable production of third tier oil from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by the Minister based on relevant data, less the value of the sum of the parts of that marketable production described in paragraph (p) and subparagraph (r)(i), and (ii) the adjustment factor for oil referred to in subsection (3); (r) in the case of oil revenues described to in paragraph 7(1)(r), the product of (i) the total value of the marketable production of third tier oil, having a density of 935 kg/m 3 or greater, from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by the Minister based on relevant data, less the value of the part of that marketable production described in paragraph (p), and (ii) the adjustment factor for oil referred to in subsection (3); (s) in the case of revenues from domestically sold natural gas and exported natural gas, described in paragraph 7(1)(s), the product of (i) the total value of the marketable production of gas and gas by-products from hydrocarbon deposits in the province in the calendar year that ends in the fiscal year, as determined by Statistics Canada on the basis of its