In 2019, equalization represented 15.5 per cent of provincial revenue in Nova Scotia.
Albertans contributed $2.9 billion more to the CPP than they consumed in 2017.
The fiscal capacity gap between “have” and "have-not" provinces has shrunk from 27 per cent to 6 per cent.
The equalization program will cost nearly $20 billion this year.
Closing the income gap with the rest of Canada will require Quebec’s government to work to attract more investment.
Quebec has received equalization every year since the program’s inception in 1957.
The two biggest automatic stabilizers from Ottawa are income taxes and employment insurance payments.