Canada’s equalization program flawed: report

The gap between richer and poorer provinces has shrunk, yet program costs keep rising: Fraser Institute

Canada’s equalization program flawed: reportBy Troy Media Canada’s equalization program has cost taxpayers – including those in ‘have’ provinces such as Alberta – $2.1 billion more in payments since 2017 due to a program design flaw, according to a report released on Thursday by public policy think-tank the Fraser Institute. The equalization program transfers federal tax dollars to lower-income…

Federal student job program puts Alberta at the back of the class

Study finds no link between the circumstances in the local economy, student unemployment and the level of subsidies handed out. So is it all political?

Federal student job program puts Alberta at the back of the classThose who argue that the Canadian federation exhibits plenty of fiscal and program biases against Prairie Canadians will see further evidence in a recent study from the Halifax-based Atlantic Institute for Market Studies (AIMS). The study, Rethinking Student Job Subsidies, authored by David Murrell and Alan Chan, is subtitled The Case for Regional Equity in…

Anti-Alberta bigotry clothed in environmental clichés and platitudes

Anti-Alberta bigotry clothed in environmental clichés and platitudesDave Yager has spent nearly half a century in Alberta’s oil and natural gas industry and 40 years in journalism, notably with the oilfield trade magazine, The Roughneck. His first book, From Miracle to Menace: Alberta, A Carbon Story, combines his extensive experience in a well-written and fact-centred analysis of the economics, politics and history…

Alberta plays huge role in keeping federal deficit down: report

Even in the depths of recession, the province sent Ottawa $92 billion more than it received between 2014 and 2017: Fraser Institute

Alberta plays huge role in keeping federal deficit down: reportThe federal government’s deficit in 2017 would have reached a staggering $39 billion – instead of the $19 billion recorded – if not for the disproportionate net revenue contributions from Alberta, according to a new study released Thursday by the Fraser Institute. The study, How Albertans Continue to keep Federal Finances Afloat, said that between…

Albertans over contribute to Canada Pension Plan

Alberta paid $27.9 billion more into the Canada Pension Plan than what they received in CPP payments over the past 10 years.

Albertans over contribute to Canada Pension PlanA report from the Fraser Institute says Alberta workers paid $27.9 billion into the Canada Pension Plan over and above what retirees in the province received in CPP payments over the past 10-year period. The report - Albertans Make Disproportionate Contributions to National Programs: The Canada Pension Plan as a Case Study - released Wednesday…

Equalization inequalities must be addressed

Encouraging short-term stability at the expense of economic performance and fairness is folly when alternatives are available

Equalization inequalities must be addressedIn recent years, equalization and other regional subsidies have captured the attention of many Albertans. Much useful research has been done at the University of Calgary and by the former Wildrose Party. There has been extensive comment in Alberta’s media on Canada’s fiscal arrangements, including equalization. Issues connected with regional subsidies are important to all…

Time to rethink the federal transfers system

Atlantic Canada enjoys a level of public spending that far outreaches that of the provinces that contribute most to equalization payments

Time to rethink the federal transfers systemIt is time for a fundamental course change by Atlantic Canadians with respect to equalization and other regional subsidies. I recently made a presentation to independent senators in Ottawa on this subject in which I said that Canada’s regional subsidies were ineffective. We've had a half-century of remarkably large subsidies to Quebec and Atlantic Canada,…

Canadian economy staring into the abyss

We are weeks away from a systemic collapse of large parts of the energy industry in Canada. We need to act quickly and decisively

Canadian economy staring into the abyssJust how close is the Alberta oil patch to catastrophic failure? In an informal and I admit very unscientific review of sentiment in Calgary's oil patch conducted by Alberta Council of Technologies (ABCtech) officers last week, a chilling tale of fear emerged. With Western Canada Select crude (WCS) bottoming out at less than $10 a…

Equalization hurts every Canadian

It’s time to get past political posturing and regional protectionism and reform the national equalization payment program

Equalization hurts every CanadianNational debates on the federal equalization program have been marked by conflict, obscure technical jargon, little research on the impact of the program and excessive vitriol. But we get no closer to fixing the problem. It's time for equalization reform. Many Canadians have tuned out. They can’t deal with discussions that have become inaccessible to…

Alberta can’t blame the equalization system for its economic mess

Undisciplined spending by successive governments is responsible for Alberta’s fiscal problems

Alberta can’t blame the equalization system for its economic messBy Ben Eisen and Steve Lafleur The Fraser Institute In William Shakespeare’s Julius Caesar, one of the conspirators encourages his ally not to blame fate for his misfortunes, but rather to recognize his own responsibility. “The fault, dear Brutus, is not in our stars, but in ourselves,” says Cassius. When it comes to the state…
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