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Taking Resource Revenue out of Equalization


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So, Newfoundland and Nova Scotia have cut a deal with the feds to essentially take resource revenue out of the equalization calculation.

And now Saskatchewan and the NWT want the same treatment so they can get equalization dollars AND keep resource revenue.

I think that if the "have-not" provinces deserve this, we should treat the "haves" the same way.

Let's take resource revenue out of the "revenue capacity" determination of Alberta and Ontario too. This would reduce the amount of money available for equalization meaning the feds could spend it more evenly across the country. Meaning that Alberta could pay less into equalization...

Sounds fair to me.

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