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Originally Posted by Street Pharmacist
Correct
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One thing I'll also say that I didn't say before, is there is also some demographic destiny tied up in the transfer payment disparity. to the extent that people are more likely to spend their working years in Alberta, then call Newfoundland or BC, or Saskachewan their official home base in retirement, because that is where they are from, and the cost of living is lower, than those people technically contribute to Albertas transfer payment "deficit" and later collect on "Alberta's" transfer payments.
I think it's a small effect, but similar to CPP, where you can see Alberta drawing a lot less than it puts in right now, but because Alberta has a huge share of the population that will actually hit the CPP career maxes, and a rather large 40ish demographic bubble, you can already see a visible horizon where as a province "we" will be pulling a lot more from the fund.