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Originally posted by Ericthenewbie
reply to post by peck420
Good thing you won't have to wait that long...2012-2013 is the end date (accept Atlantic provinces)...Regretfully Ontario may be in the running for the biggest payment moving forward
Originally posted by Ericthenewbie
For those Canadians who would like to see Quebec separate from Canada because they feel that they are nothing but freeloaders...you may want to refresh yourself on the current economics within Canada;
The economy of Quebec represents 20.36% of the total GDP of Canada. Like most industrialized countries, the economy of Quebec is based mainly on the services sector. Quebec's economy has traditionally been fueled by abundant natural resources, a well-developed infrastructure, and average productivity. The provincial GDP in 2010 was C$ 319,348 billion, which makes Quebec the second largest economy in Canada.
en.wikipedia.org...
If that's the case why does the rest of Canada regularly send Quebec billions in equalization payments?
Originally posted by DarthMuerte
No, instead you punish the taxpaying citizens.
Originally posted by Ericthenewbie
reply to post by ATS23
If that's the case why does the rest of Canada regularly send Quebec billions in equalization payments?
Your statement is misleading, Quebec although this year is entitled to the largest payment, it isn't the only province receiving equalization payments, so to imply that "the rest of Canada" is sending only Quebec money is inaccurate. Here's the real breakdown of "have" and "have not" provinces (PEI actually benefits the most on per capita basis for 2012-2013 payments);
"Have" provinces;
Alberta
Saskatchewan
Newfoundland and Labrador
British Columbia
"Have not" provinces;
Quebec
Ontario
Manitoba
New Brunswick
Nova Scotia
Prince Edward Island
Equalization payments in Canada
Originally posted by ATS23
Originally posted by Ericthenewbie
reply to post by ATS23
If that's the case why does the rest of Canada regularly send Quebec billions in equalization payments?
Your statement is misleading, Quebec although this year is entitled to the largest payment, it isn't the only province receiving equalization payments, so to imply that "the rest of Canada" is sending only Quebec money is inaccurate. Here's the real breakdown of "have" and "have not" provinces (PEI actually benefits the most on per capita basis for 2012-2013 payments);
No argument, but one would think with the second largest GDP percentage vs National GDP that they would be able to stand on their own two feet by now, but no, there they are, year after year bellying up to the public trough.
edit on 24-9-2012 by ATS23 because: (no reason given)
Originally posted by Ericthenewbie
"Have" provinces;
Alberta
Saskatchewan
Newfoundland and Labrador
British Columbia
"Have not" provinces;
Quebec
Ontario
Manitoba
New Brunswick
Nova Scotia
Prince Edward Island
Equalization payments in Canada