Beyond Equalization: Examining Fiscal Transfers in a Broader ContextJason Clemens, Niels Veldhuis The authors of this book have worked independently and opinions expressed by them are, therefore, their own, and do not necessarily reflect the opinions of the supporters or the trustees of The Fraser Institute. [...] She is co-author of the An Empir- ical Comparison of Labour Relations Laws in Canada and the United States (2006), Union Disclosure in Canada and the United States (2006), Fiscal Per- formance Index (2006), Tax Freedom Day (2006), Canadian Provincial In- vestment Climate Report (2006), Transparency of Labour Relations Boards in Canada and the United States (2005), and the State of the Urban Air in [...] We would like to acknowledge all of the scholars who provided peer review of this study: Professor Ron Knee- bone of the University of Calgary, Professor Richard Bird of the University of Toronto, Professor Barry Cooper of the University of Calgary, Gordon Gibson who is a Senior Fellow of the Fraser Institute, Professor Bev Dahlby of the University of Alberta and a member of the Fraser Institute's [...] In addition, we would like to thank Nadeem Esmail, the Director of Health Performance Studies at the Fraser Institute and Fred McMahon the Director of Globalization and Trade at the Fraser Institute and the author of 2 books on the topic of fiscal balance and equalization for their review of a number of working drafts. [...] Figure 1.2 illustrates the nominal net fiscal balance (surplus or deficit) for the federal government and all of the provincial and territorial governments (consolidated) between 1990/91 and 2005/06. The federal government begins the period with an enormous deficit of $32.4 billion while the provinces had a much lower, collective deficit of $7.6 billion. |
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adjusted Advisory Panel Alberta assessment Atlantic Canada Atlantic Institute average benefits billion BNA Act Brian Lee C.D. Howe Institute Canada Health Transfer Canada Social Transfer Canadian CHT and CST Constitution Act cost Council Court debt economic efficiency equaliza Equalization and Territorial equalization calculations equalization payments equalization program equity federal and provincial federal government federal spending power federal taxes federal transfers federal-provincial fiscal capacity Fraser Institute funds goals incentives inclusion rate increase Institute for Market macro approach Macro Formula Market Studies ment natural resource revenues Newfoundland and Labrador Nova Scotia Ontario Panel on Equalization Parliament partial inclusion per-capita principle Professor Courchene Professor Feehan Professor Usher argued provincial governments provincial revenues public services Quebec recipient provinces reduce reforms regional Representative Tax System Saskatchewan Statistics Canada tax bases tax rates Tax System RTS taxation Territorial Formula Financing tion Transfer CST Unemployment Insurance vertical fiscal imbalance