Quote:
Originally Posted by dmacc
If Winnipeg was given access to 18% of the equalization payments from the Feds, it would make up the per capita shortfall in Winnipeg is missing. Imagine what we could do with an extra ~$450 Mil?
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Maybe? But Provinces are the recipients of equalization payments, not municipalities, so I don't think any city in Canada directly gets access to equalization payments. One could also argue the city indirectly gets equalization payments from the Province via the operating grants it receives. If the Province were to hand over some portion of equalization payments, they would just reduce operating grants so the net change would be ambiguous.
In any case, it's not really fair to compare Winnipeg to what is likely the most fiscally prosperous major city in Canada. Calgary has the amazing ability to keep property taxes somewhat low (just slightly above Winnipeg's on average) and expenditures high, mostly due to the energy sector which provides high-paying jobs, valuable office towers, and spinoff industries that enable them to have a wealth of public luxuries that most other Canadian cities couldn't think about at Calgary's tax rate.
Instead of being envious about what commodities are or are not available underneath the ground in our province, we are better off creating a more equalized tax system between the City and Province which involves raising property taxes to approach the Canadian average and reducing income taxes on middle and low earners, forcing new developments to pay some of their growth costs, and finding transportation solutions that suit our fiscal and geographical reality as opposed to shiny over-built systems we don't need yet or shoddy under-built systems that are penny-wise and pound-foolish.