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Old 10-04-2011, 10:47 AM   #535
SeoulFire
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Quote:
Originally Posted by THE SCUD View Post
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.
Wow...that is awesome. Using the passage word for word from wikipedia without citation. By the way, why did you cut off the sentence before your quote?

Quote:
Equalization payments do not, technically, involve wealthy provinces making payments to poor provinces, although in practice this is what happens, via the federal treasury.
http://en.wikipedia.org/wiki/Equaliz...ayments#Canada

Bottom line is net outward flow is massive.
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