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Some inconvenient facts about equalization
Monday, May 28th, 2012
May 28, 2012
#1: Canada’s founders didn’t want transfers between governments… #2: Public services are often more generous in “have-not” provinces… #3: Equalization is actually a transfer of wealth from high-cost provinces to low-cost provinces… #4: Transfer programs don’t even work well for have-nots… #5: Equalization, as we know it, is not required by the Canadian constitution… Here are some suggestions for reform in the short-term and, possibly, even the eventual abolishment of equalization.
Tags: budget, economy, ideology, standard of living, tax
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