Quote:
Originally Posted by Hakan
Not to mention there are very significant economic efficiency arguments in favour of equalization.
It just doesn't make sense to have vast disparities in services across the federation, economically speaking.
Canada's equalization system is the envy of the world. Policy analysts from all over the world come to Canada to study it. Some Albertans with their 'high horse' attitude make me sick. You won the natural resource lottery.
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No, Canada won the lottery, now Canada needs resources to properly leverage it. See the transfer program polarizes the country (evidence is who is happy about the stupid program ... all it does is create resentment)
You won't find a single economist on this planet that will tell you that artificially proping up a region, without a long term goal whereby the province turns a corner (btw, like alberta did) is good for a country.
Again, it promotes ineffiency and underutilization, to use economist terms.