Buy custom Who should own Revenues from natural resources in Canada
Essay's paper info
Topic: |
Philosophy
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Number of pages / Number of words: |
6 / 1461 |
Essay's paper body
The program ensures the transfer of revenues, and equality across provincial boarders from the "have" to the "have-not" provinces (Boadway, 1983). Equalization payments are unconditional ? receiving provinces are free to spend the funds on public services according to their own priorities (Department of Finance Canada, 2005)...
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These payments are made to ensure what is termed horizontal equity where equals (anyone in Canada) are treated equally. That is to say that two people, with the same income before government interaction, will be ensured the same income after government interaction, despite geographic location (Musgrave, 1959)...
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