equalization payments

10:42AM
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Getting off equalization—a great goal for Quebec, but it’ll take a while

Quebec has received equalization every year since the program’s inception in 1957.


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The two biggest automatic stabilizers from Ottawa are income taxes and employment insurance payments.


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Equalization is not to blame—Alberta is

Successive governments have increased spending faster than the rate of economic growth or inflation-plus-population.


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The federal government will send $21.1 billion to Ontario this year.


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Since the recession, Queen’s Park has failed to take meaningful action to reform and reduce program spending.


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Ontario and Quebec now receive approximately 70 per cent of all equalization payments.


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The Ontario government has never made a secret of its desire to have the federal government help fund Ontario’s provincial budget. It even started its own think-tank with $5 million in 2009, which regularly publishes reports that call on the federal government to rescue Ontario’s provincial finances.