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Old Posted Jul 28, 2020, 6:28 PM
thenoflyzone thenoflyzone is online now
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Join Date: May 2015
Location: Montreal, Quebec
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This year, for the first time since 1965, federal revenues in Alberta will be lower than their expenditures, thanks to transfers allocated to the provinces because of COVID-19. Federal spending will increase by more than $ 6,700 per Albertan, while the national average will be just over $ 6,300.

When a province's economy is strong and its revenues are high, it will naturally contribute more than other provinces. The reverse is true when conditions deteriorate. And what do you know, conditions right now are pretty bad, and here Alberta is benefiting the most from the Federal, since it's economy has been impacted the most.

It shows the value of the federal government and of the federation. Now is the system perfect? Absolutely not. But it has its benefits.
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