equalization program

3:18PM
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New report notes ‘over-equalizing’ nature of equalization program

Currently, equalization payments increase in line with nominal GDP growth.


11:12AM
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Maritime provinces vulnerable to any future changes to equalization program

In 2019/20, equalization comprised 21 per cent of provincial government revenue in Prince Edward Island.


11:54AM
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Heavy reliance on Ottawa puts Atlantic Canada’s finances at risk

The three Maritime provinces rely more heavily on federal transfers than any other province.


4:03PM
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Maritime provinces could soon see smaller slice of equalization pie

As a share of the province’s total government revenue, New Brunswick’s equalization payments fell from 23.7 per cent to 19 per cent.


10:12AM
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Equalization is broken and needs fixing now

The fiscal capacity gap between “have” and "have-not" provinces has shrunk from 27 per cent to 6 per cent.


9:29AM
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It’s time to let equalization shrink

The equalization program will cost nearly $20 billion this year.