Quote:
Originally Posted by darklord700
Not again, more taxes! Fiscal problems can easily be addressed by reducing the transfer payments to Quebec subsidizing their daycare program or Maritimes subsidizing their EI.
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Equalization payments
do not involve wealthy provinces making payments to poor provinces
As an example, a wealthy citizen in New Brunswick, a so-called "have not" province, pays more into equalization than a poorer citizen in Alberta, a so-called "have" province. However, because of Alberta's greater population and wealth, the citizens of Alberta as a whole are net contributors to Equalization, while the citizens of New Brunswick are net receivers of Equalization payments.