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 |
Which is bogus, imo. If Quebec doesn't want to produce their natural gas fine, but I don't see why the rest of should pay them extra because they're not going to.