Quote:
Originally Posted by redforever
Read on page 2 where it says
“With the exception of natural resource revenues, the equalization formula estimates fiscal capacity in each of the above categories by determining how much per capita revenue each province could generate if all provinces had identical tax rates. In the case of natural resource revenues, because of the wide range of resources and royalty structures across the provinces, instead of creating a national average tax rate to measure fiscal capacity, actual resource revenues are used”
http://www.parl.gc.ca/Content/LOP/ResearchPublications/prb0820-e.pdf |
Thanks. Now can somebody provide a source for the allegation that Quebec purposely sells its hydro-electricity to large corporations at significantly below market rates in order to lower their equalization "revenue score" and thus recieve more in the way of equalization transfers?
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