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Equalization Payments

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Ontario and Equalization Payments: ‘have-not’ actually means ‘has-no-oil’

In the two years since Ontario officially joined the ranks of the ‘have-not’ provinces, the volume of equalization payments received has jumped 534%. That’s right – 534%. From the first payment of $347M to this years whopping $2.2B – Ontario is officially suffering through a massive downturn brought on by the loss of almost 300,000 … Continue reading

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