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Old 01-18-2011, 11:37 PM   #65
Julio
First Line Centre
 
Join Date: Aug 2004
Location: Olympic Saddledome
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A couple notes on the overall discussion:

-Equalization is a small part of the overall 'transfer' between have and have not provinces. The total in the entire equalization payments is about 13.5 billion for fiscal 10-11. The total intergovernmental transfer of money from the feds to the provinces is about 55.7 billion dollars. Almost half of that is for health care. Per person that's $1635 or so.

-Different provincial governments get different amounts, and one of the factors in the differences is equalization. Per person numbers:

Newfoundland: $1988 per person...down almost $1000 per person in the past 5 years thanks to oil revenues.
NS: $2809
PEI: $3466...paying for provincial infrastructure for a pop below 200,000 is costly.
NB: $3334...mentioned because of the discussion above.
Quebec: $2206...about half of this is equalization
Ontario: $1197...up since they are now getting some equalization payments
Manitoba: $2746...yep, just below what NS gets and more than Quebec. Manitoba gets a ton of equalization, partly because the formula includes provincial revenue from stuff like O&G, but excludes hydro power sales.
Sask: $1153...former have not province hasn't got equalization since 07-08
Alberta: $883...lowest in country, but up about 25% more per person than 5 years ago.
BC: $1142...nips out Sask for second place.

Most of this info is from here: http://www.fin.gc.ca/fedprov/mtp-eng.asp

There are also personal transfers, such as EI and CPP payments. For example, somebody that worked and payed into the system with taxes and EI/CPP in Alberta in, say 2008 might have lost their job and moved back to Nova Scotia, where they then took EI in 2009, thus being a contributor here and a taker there in consecutive years.

Last edited by Julio; 01-18-2011 at 11:42 PM. Reason: Added website
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