Quote:
Originally Posted by thurmas
Equalization is basically just resource revenue redistribution. Nothing Alberta or Sask is doing makes a lick of difference as they waste money too or have terrible tax policies that just benefit the wealthy they were just blessed with what was in the ground thats all.
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Alberta's main complaint. is in the past 60 years, they have a net gain of $600 billion, only second to Ontario- $800 billion, but when we factor per-capita amount, Alberta is far and away Canada's biggest "have" province. Yet, all of that money is sent to prop up provinces running a deficit.
OTOH, 7 of the 10 province have been net losers, and ahve had to rely on equalisation payments. Quebec has taken the most equalisation payment, with Manitoba, Nova Scotia, Saskatchewan, New Brunswick, Newfoundland, and PEI all classified as "have-not" provinces.
Alberta's beef is that why they should continue to subsidise other provinces, especially Quebec, as they feel Ottawa favours Ontario and Quebec over the West.
PS....there is less tax in Alberta than anywhere else in Canada.