In 15 of the last 25 years, one or more provinces with higher living standards received equalization while a province with lower living standards did not, according to a new Fraser Institute study.
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Canada’s multi-billion-dollar equalization program - sold to taxpayers as a noble way to help “have-not” provinces punch at the same weight - is fundamentally broken. That’s not rhetoric. That’s the conclusion from hard data released today by the Fraser Institute.
In a new study, analysts Tegan Hill and Joel Emes examined 44 years of equalization payment…
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