fiscal transfers

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Alberta key reason for Canada’s pre-COVID fiscal strength

Between fiscal years 2014/15 and 2018/19, Alberta’s net contribution to Confederation was $94.9 billion.


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In Ontario, federal transfers increased by 87.8 per cent over 10-year period.


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Imagine you’re a German asked to pay for the lifestyle of a Greek through ever-more transfers to the European Union or through bailouts for Greek debt. Imagine you, as a German, know the average age for a German retiree is 62 while the average Greek is in his retirement villa at age 60. That knowledge explains why northern Europeans may not wish to indulge Greek lifestyles much longer.


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Since the early 1980s, Canada’s immigration selection policies have focussed on the principal applicant’s highest educational achievements and language skills, explicitly to ensure that immigrants would be suitable for employment and economically successful once they arrived.