Author Topic: Reforming Canada's Equalization Program  (Read 57 times)

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Offline SirJohn

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Re: Reforming Canada's Equalization Program
« on: February 02, 2017, 12:10:07 pm »
Reforming something like that is a complicated undertaking. All I know is that the Atlantic provinces have been getting huge amounts of transfer payments for about as long as I've been alive and it doesn't seem to have done anything but make them dependent on those transfers. They've done nothing to improve their economies. If you took the transfers from other provinces away all four provinces would be in bankruptcy. There is an old axiom that says if you give a man a fish he'll eat for a day but if you teach him how to fish he'll eat for a lifetime. It seems to me transfers are giving them fish, and they've done nothing to teach them how to fish.
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