Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Tories' reported plan for equalization changes provokes backlash

RedHot25 · 01-17-2007, 09:15 AM

I think that I have some stuff on equalization that I can dig up....I'm pretty sure one article at least specific to Sask.

Anyways, I believe Sask's big resource is potash. Bobble I believe is on the right track with their complaint - the nature of a clawback. From an article from Thomas J. Courchene, a big name in poly sci/economics:

"In fiscal year 2000-01 Sask's energy revenues totalled 1.04 billion, or just over 1 grand per capita. However, these energy revenues trigged even larger decreases in Sask's equalization entitlements, over 1.13 billion, representing an average tax-back rate on Sask's energy revenues of 108 %. As the title of this paper suggests, Canada's equalization program has more than fully confiscated Sask's energy revenues".

I will post more on the Atlantic provs here in a minute...

01-17-2007, 09:15 AM	#9
RedHot25 Franchise Player Join Date: Dec 2003 Location: Probably stuck driving someone somewhere Exp:	I think that I have some stuff on equalization that I can dig up....I'm pretty sure one article at least specific to Sask. Anyways, I believe Sask's big resource is potash. Bobble I believe is on the right track with their complaint - the nature of a clawback. From an article from Thomas J. Courchene, a big name in poly sci/economics: "In fiscal year 2000-01 Sask's energy revenues totalled 1.04 billion, or just over 1 grand per capita. However, these energy revenues trigged even larger decreases in Sask's equalization entitlements, over 1.13 billion, representing an average tax-back rate on Sask's energy revenues of 108 %. As the title of this paper suggests, Canada's equalization program has more than fully confiscated Sask's energy revenues". I will post more on the Atlantic provs here in a minute...