CBH99:
I'm all for tough measures if governments disagree and, for some reason, can't come up with a solution that both parties can accept. But deliberately making the lives of fellow Canadians difficult, and making them suffer financially - especially when it's the lower to middle class that will be affected the most - isn't very noble, honourable, or Canadian.
Canadian provincial governments should not be deliberately targeting & financially hurting other Canadians, just because they happen to reside in a different province.
I live in BC now, the Okanagan Valley. What the government of BC is doing is targeting Canada. Where do you think the equalization payments paid to 'have not" provinces come from in part? How do you think that revenue is generated? Have you read how much AB oil is discounted? Have you read how much tax revenue and how much the Canadian economy loses because we cannot get our products to other markets? Also, Quebec supports BC's position and stopped the Energy East project.
Have you heard of the BC Speculation Tax (https://news.gov.bc.ca/releases/2018FIN0009-000501) ? 1% for
Canadian citizens and permanent residents who do not live in British Columbia. Thus if you are from
e.g. Alberta and own a vacation or future retirement home in Kelowna, besides annual property taxes on your $700K house you will pay annually an additional $7000.
A lot of Albertans own houses in the OK valley. A $700K house is not a luxury property. Of course, to the NDP, nobody should own two properties. Tax the rich, (unlike the federal Liberals tax anything and everything and spend, spend, spend).
I hope AB shuts off POL to BC.
,
http://calgaryherald.com/opinion/columnists/morton-equalization-payments-have-always-been-about-keeping-quebec-happy
Morton: Equalization payments have always been about keeping Quebec happy - 7 Apr 18
Extract: In 2018-19, equalization payments will rise to a new high of $19 billion. Sixty-two per cent will go to Quebec, while Alberta taxpayers will contribute about $3 billion. This amount is actually only a portion of approximately $20 billion of net federal transfers out of Alberta this year. Two other federal programs — the Canada Health Transfer and Canada Social Transfer — have a transfer effect. The same is true for federal benefit programs such as employment insurance, Old Age Security and the Canada Pension Plan.
Each year, Albertans collectively pay in much more in that we receive back. Understanding the transfer effects of these other federal programs explains how it is that between 2007 and 2015, Alberta’s net contribution to the federal government was $221 billion, or an average of over $24 billion a year.
https://en.wikipedia.org/wiki/Equalization_payments_in_Canada
Quebec will receive the most from equalization payments in the 2018-2019 year.[1] However, per capita, PEI benefits the most.
In the 2018–2019 year, the following provinces will receive equalization payments:[1]
Quebec ($11.732 billion)
Manitoba ($2.037 billion)
Nova Scotia ($1.933 billion)
New Brunswick ($1.874 billion)
Ontario ($963 million)
Prince Edward Island ($419 million)
Equalization per citizens 2016-2017
Provinces / Per Citizen / Total
PEI / $2,573 / $380 million
NB / $2,259 / $1.708 billion
NS / $1,822 / $1.722 billion
Manitoba / $1,328 / $1.736 billion
Quebec / $1,206 / $10.03 billion
Ontario / $166 / $2.304 billion
Source: Government of Canada (http://blogues.radio-canada.ca/geraldfillion/tag/perequation/)
The following provinces will not qualify for equalization payments in 2018–2019:[1]
Alberta
British Columbia
Newfoundland and Labrador
Saskatchewan