The contrast between the highway in New Brunswick and British Columbia is symbolic of how the federal equalization program allows recipient provinces to provide above-average benefits at the expense of taxpayers elsewhere, even to "over-equalize" in some cases.
The Minister of Finance for Quebec issued his economic and financial update on March 28,2013. He says there is basically no problem because a loss of tax and royalty revenue is offset by increases in equalization.
TORONTO - Outdated policies that cause Ontario to turn over roughly $11 billion more to the federal government each year than it receives in return are placing an unfair strain on the province, a publ...
After serving nine years as Premier of Ontario, Dalton McGuinty has stunned the country by announcing his intention to step down as Liberal leader. Regardless of one's opinion of the man, he has arguably had a bigger impact on the province than many of his predecessors. There may be much to criticize in his record, but there is also much to laud. Now is a good time to evaluate some of his bigger legislative initiatives -- good and bad.
EDMUNDSTON, N.B. - Prime Minister Stephen Harper says he doesn't anticipate major changes coming to the federal equalization program, which is set to expire in two years.The federal-wealth sharing pro...
OTTAWA - The inner workings of one of the country's biggest government programs need to be de-politicized and handed over to an arm's-length group of neutral technocrats, a new study suggests.The poli...