equalization

3:54PM
Printer-friendly version

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


7:25AM
Printer-friendly version
Equalization is not to blame—Alberta is

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


10:19AM
Printer-friendly version

Equalization makes for a handy scapegoat, but successive Alberta governments have no one to blame but themselves for the province’s fiscal problems.


11:37AM
Printer-friendly version
Removing resource revenue from equalization would do nothing for Alberta

Jason Kenney, leadership candidate for Alberta’s United Conservative Party, called for reform to Canada’s equalization program.


6:00AM
Printer-friendly version

In a year when two heavyweight provinces, Ontario and Alberta, which together constitute 55 per cent of Canada’s GDP, are running substantial deficits, there are three ways to reduce the red ink.


10:00AM
Printer-friendly version

With the plunge in oil prices over the last six months (and already soft natural gas prices), it’s not headline news to note that provinces heavily dependent on energy-related revenues are suffering.


10:00AM
Printer-friendly version
Canada’s federal equalization program is motivated by good intentions. However, the program has unintended consequences, and creates perverse incentives that have allowed at least two “have-not” provinces to shun sensible economic opportunities.

6:00AM
Printer-friendly version
From the fur trade to fisheries and forests, Canada was built on the toil and sweat of those who wanted to prosper. But these days, it’s harder to create opportunity. And sometimes, government is to blame. The latest example comes from Nova Scotia.