Quote:
Originally Posted by ScottFromCalgary
Couldn't have said it any better. Anyone who has read the first chapter of a basic book on economics could tell you that large subsidies (equalization payments) are going to create massive inefficiences all around. Equalization is only preventing the free flow of labour and capital around the country to places where it is needed most (Alberta, BC, Ontario). By providing incentives for governments and citizens to maintain the status quo of horrible economic growth, low incomes, and deficit budgeting, everyone ends up being worse off.
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Really? What does that say for Alberta then?
Even though Ottawa still requires this province to compensate for the rest of the 'have-not' provinces (which I understand how that can be a real pain in the ass), do you think that Alberta would give up the opportunity to be in the financial position it is currently in to offset this issue/problem by becoming a have-not province?
I know I don't.
It's easy for Alberta to say "oh, trust us, you don't want to be in our position", and maybe Manitoba shouldn't be in that exact position, but again, Manitoba needs to beef up it's economic potential to become a more prominent and prosperous province. Just my opinion.