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Sunday, August 28, 2005

Next year country 

This National Post story - Klein must share: expert is simply unbelievable. "Thomas Courchene, senior scholar at Montreal's Institute for Research on Public Policy and a professor at Queen's University, said yesterday a portion of Alberta's projected $7-billion surplus should be shared with the other provinces."
Now I haven't checked with anyone because I don't want to ruin my amateur standing, but I think we have a formula for this. It is the federal-provincial equalization formula and it makes sure that the "have" provinces share with the "have-not" provinces.
If Ontario falls into the have-not category, then Alberta will share with them (unlike, say, Newfoundland, who negotiated their own deal outside the formula).
Now, I realize it is contrary to the rules of the universe that Ontario would ever fall into a "have not" category in comparison to Alberta, but take it from me, folks, from a province which has bounced back and forth depending on resource revenues, being a "have not" province is no shame -- its just the way things are that particular year.
There's always next year.

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