Quote:
Originally posted by Daradon@Dec 24 2004, 02:43 PM
With Fotze on this one. With Four Billion in revenue wouldn't that pretty much get rid of their deficit anyway? It's not like their is a ton of people living there, and that's only ONE source of revenue. Then they have no need for equalization payments.
But I have heard that province who have long been receiving eqaulization payments (esp Quebec) make sure they spend all of their revenue so they can still run a deficit and still get money from the government. So in effect we are paying to put parks in their cities and pave their roads. They get the extras, because they are spending their revenues without balancing their budgets first.
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I'd prefer it if Newfoundland kept the money because the Federal Liberals are just going turn around and give those billion dollars to their fellow pork barrelling buddies and to Quebec.