For goodness sakes, I am not a Liberal, never have been and don’t expect to ever be. I have never had a membership in the Liberal party and can’t imagine I ever will.
However I am a Canadian. I do not think of myself as an Albertan even though I happen to live in Alberta. I have a Canadian flag on the side of our house, not an Alberta flag.
Total federal revenues for 2005 are projected to be 195 billion dollars. All of that money was sourced from one province or another. I do not recall seeing statistics showing federal revenues broken down by province but if Albertans and corporations in this province paid 9.3 or 10 billion in federal taxes that would not seem like a lot when compared to 195 billion country wide.
The Government of Canada provides financial support to the provincial and territorial governments most notably through the Canada Health Transfer (CHT), the Canada Social Transfer (CST), Equalization and Territorial Formula Financing (TFF).
Alberta does get federal transfer payments for health care, agriculture and so on exceeding 4 billion annually but not equalization payments. Just like Ontario although Ontario got more transfer payments than any other province even without equalization. If anyone is willing to look at the facts here are what the provinces received in total federal transfers in 2004-2005:
Alberta 4.3 Billion
BC 6.1 Billion
Yukon .5 Billion
NWT 0.7 Billion
Nunavut 0.8 Billion
Newfoundland and Labrador 1.3 Billion
PEI 0.4 Billion
Nova Scotia 2.4 Billion
New Brunswick 2.2 Billion
Quebec 13.8 Billion
Ontario 16.7 Billion
Manitoba 3.0 Billion
Saskatchewan 2.8 Billion
See:
http://www.fin.gc.ca/FEDPROV/fedprov-e.html
Equalization is just what it takes to make Canada work.
I think the oil and gas revenues will decline in the very foreseeable future. Alberta collected equalization payments prior to the 1970s and likely we will again.
However I am a Canadian. I do not think of myself as an Albertan even though I happen to live in Alberta. I have a Canadian flag on the side of our house, not an Alberta flag.
Total federal revenues for 2005 are projected to be 195 billion dollars. All of that money was sourced from one province or another. I do not recall seeing statistics showing federal revenues broken down by province but if Albertans and corporations in this province paid 9.3 or 10 billion in federal taxes that would not seem like a lot when compared to 195 billion country wide.
The Government of Canada provides financial support to the provincial and territorial governments most notably through the Canada Health Transfer (CHT), the Canada Social Transfer (CST), Equalization and Territorial Formula Financing (TFF).
Alberta does get federal transfer payments for health care, agriculture and so on exceeding 4 billion annually but not equalization payments. Just like Ontario although Ontario got more transfer payments than any other province even without equalization. If anyone is willing to look at the facts here are what the provinces received in total federal transfers in 2004-2005:
Alberta 4.3 Billion
BC 6.1 Billion
Yukon .5 Billion
NWT 0.7 Billion
Nunavut 0.8 Billion
Newfoundland and Labrador 1.3 Billion
PEI 0.4 Billion
Nova Scotia 2.4 Billion
New Brunswick 2.2 Billion
Quebec 13.8 Billion
Ontario 16.7 Billion
Manitoba 3.0 Billion
Saskatchewan 2.8 Billion
See:
http://www.fin.gc.ca/FEDPROV/fedprov-e.html
Equalization is just what it takes to make Canada work.
I think the oil and gas revenues will decline in the very foreseeable future. Alberta collected equalization payments prior to the 1970s and likely we will again.
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