“It’s when you hear people seriously suggesting that Portugal should fiddle its official statistics, so that we are still rated poor enough to qualify for European subsidies, that you wonder if this has gone too far” – The Economist looks at the debilitating effects of regional aid… obvious parallels in Canada…
In searching for analysis of comparative models of fiscal equalization between federal and state governments in a federation, the review commissioners looked to the award winning equalization initiative done jointly by 3 independent Canadian think tanks.
The federal equalization program — which distributes dollars to poorer provinces based on their ability to raise revenues — is rather simple in theory and noble in intent.
Fresh from winning a prestigious international prize for their innovative work on Canada’s equalization programme.
New Brunswick is usually thought of as successful in economic terms since a more vibrant private sector emerged during your oversight of that province.
A conference hears evidence that equalization allows the receiving provinces to not focus on the basics of good public policy like creating an attractive tax and regulatory environment.
A special joint publication of the Frontier Centre, AIMS and the Montreal Institute