Equalization’s Negative-Option Agreement; or How Provinces Learned to Stop Developing and Love the Transfer

By John Williamson, Vice-President, Research Under Canada’s equalization program, Ottawa transfers nearly $18-billion to provinces with less-robust economies. Today, the three Maritime Provinces receive $3.8-billion each year. Quebec’s allotment is $10-billion. Provincial governments collect tax and royalty revenues from natural resource development, like drilling for oil or fracking shale gas. Equalization, at one time, was…

Nothing but Flowers

One of our recent radio policy spots a few days ago discussed the  notion  of responsible resource development (Click here to listen). It presented the simple point that one can  protect the natural environment and simultaneously favour resource development and economic growth. By and large,  admitting that there is always room for improvements, development and…