Equalization program is anything but equal

The formula used to calculate equalization payments is skewed to benefit provinces like Quebec

In 2016 the ‘have not’ provinces in Canada will receive increased equalization payments from Ottawa, while the ‘have’ provinces (such as B.C.) will continue to pay for this largess while receiving nothing.  Quebec will receive over $10 billion this year alone.

Since the equalization program started Quebec has received over $200 billion.  That’s enough money to make every person in Victoria a millionaire.  Quebec uses this money to provide rich social programs for its citizens such as the least expensive daycare and post-secondary education in North America. Quebec is a large province with a wealth of resources, much like B.C.  It doesn’t deserve the wealth redistribution that the equalization program provides.  B.C. (with its higher cost of living) doesn’t deserve the wealth confiscation this program requires.

The formula used to calculate equalization payments is skewed to benefit provinces like Quebec.  You would have thought that with the drop in the price of oil, and corresponding drop in federal revenues, equalization payments would be scaled back.  Instead, they have increased.  In case you were wondering, struggling Alberta doesn’t qualify for equalization payments this year.

You may want to address the inequities of the equalization program with your MP.  Don’t be surprised if they are champions for the program if their party benefits from the ‘have not’ vote.

Jeff St.Gelais

 

Saanich

 

 

Just Posted

Esquimalt gives six-storey rental complex the green light

A new apartment building is set to go up on Admirals Road

Colwood field lacrosse camp aims to get more kids involved

Victoria Field Youth Lacrosse hopes to inspire future athletes

Light up August with a lantern building workshop in Sidney

ArtSea workshops in preparation for Aug. 24 Salish Sea Lantern Festival

WATCH: Our Place Therapeutic Recovery Community turns into a ‘place of healing’

500 volunteers, 120 businesses worked to transform View Royal community

A party for 11 pups and their adoptive families in Beckwith Park in Saanich

The coonhound siblings reunited at a barbeque on Saturday

Rich the Vegan scoots across Canada for the animals

Rich Adams is riding his push scooter across Canada to bring awareness to the dog meat trade in Asia

Alberta judge denies B.C.’s bid to block ‘Turn Off the Taps’ bill

He said the proper venue for the disagreement is Federal Court

Canadian high school science courses behind on climate change, says UBC study

Researchers found performance on key areas varies by province and territory

Six inducted into BC Hockey Hall of Fame

The 26th ceremony in Penticton welcomed powerful figures both from on and off the ice

RCMP investigate two shootings in the Lower Mainland

Incidents happened in Surrey, with a victim being treated at Langley Memorial Hospital

CRA program to help poor file taxes yields noticeable bump in people helped

Extra money allows volunteer-driven clinics to operate year-round

Recall: Certain Pacific oysters may pose threat of paralytic shellfish poisoning

Consumers urged to either return affected packages or throw them out

How a Kamloops-born man helped put us on the moon

Jim Chamberlin did troubleshooting for the Apollo program, which led to its success

Most Read