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Setting the record straight on equalization
Thursday, January 12th, 2012
Jan. 11, 2012
McMillan clarifies some common misconceptions and makes a valuable contribution to informed debate about fiscal federalism. The first misconception is that people in equalization-receiving provinces get more public services than in nonrecipient provinces… Using 2008 data… people in recipient and non-recipient provinces receive approximately the same level of services… At the current annual cost of $14 billion, equalization represents about 5.5 per cent of federal spending. This share has remained roughly constant for 35 years…
Tags: budget, ideology, standard of living, tax
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