1. Equalization payment
... of making equalization payments to ensure that provincial governments have sufficient revenues to provide reasonably comparable levels of public services at reasonably comparable levels of taxation. (Constitution Act, 1982, section 36(2).) The Constitution Act of 1982 enshrines the principle of equalization payments from "have" to "have not" provinces to ensure that Canadians, no matter where they live, ... Boadway listed three prominent sources from which net fiscal benefit differentials across provinces may arise. The first one is from the differences in source-based tax revenues. Un...
- Word Count: 2179
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate