The three Maritime provinces rely more heavily on federal transfers than any other province.
As a share of the province’s total government revenue, New Brunswick’s equalization payments fell from 23.7 per cent to 19 per cent.
Alberta’s fiscal capacity dropped by an estimated 45.1 per cent between 2007 and this year.
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.