Alberta has run nearly uninterrupted deficits since 2008/09.
Government Spending & Taxes
Eliminating “overpayments" could reduce regional tensions.
Quebec banned shale gas fracking and tightened rules for oil and gas drilling.
For as long as equalization has existed (since 1957), Quebec has always received the largest payment.
Closing the income gap with the rest of Canada will require Quebec’s government to work to attract more investment.
The Notley government’s failure to restrain spending is quickly growing Alberta’s debt burden.
Burlington spent nearly 17 per cent of tax-financed expenditure on “general government.”
Ontario spends about nine per cent of all revenue on government debt-service payments.
The expanded CPP’s overall rate of return for workers is a meagre 2.5 per cent.
Between 2008 and 2016, 98.6 per cent of all net job-creation in Ontario took place in Toronto and Ottawa.