equalization transfers

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Heavy reliance on Ottawa puts Atlantic Canada’s finances at risk

The three Maritime provinces rely more heavily on federal transfers than any other province.

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

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During 10-year period, major federal transfers to Ontario rose from $10.9 billion to $20.4 billion—an increase of 87.8 per cent.

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In a recent drive from Saint John to St. Andrews, New Brunswick, I marvelled at the mostly four-lane highway that connected the two points on the map and how empty it was on a Friday evening on a long weekend.  I compared it with much of the TransCanada highway in British Columbia, four-laned in portions where it should be six, and often only two-laned where it should be four, as well as to the regularly packed four-lane highway between Edmonton and Calgary.