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He said that "[s]ince equalization was created (in 1957), Alberta has received 0.02% of all payments, the last of which was in 1964–1965." [35] Kenney was previously a member of the Stephen Harper federal government which implemented the current as of 2020 equalization formula.
The Canadian federal government announced in 2023-24, $94.6 billion to transfer to the provinces and territories through major transfers (Canada Health Transfer, Canada Social Transfer, Equalization and Territorial Formula Financing), direct targeted support and trust funds), a $7 billion increase from the previous year, 2022-23.
Successive Alberta governments and popular opinion in the province have decried the equalization formula, noting that Alberta has not received funding under the equalization program since 1965. [7] The current equalization formula was implemented shortly after Stephen Harper 's Conservative Party of Canada formed a minority government after the ...
Equalization payments do not, technically, involve wealthy provinces making payments to poor provinces, although in practice this is what happens, via the federal treasury. As an example, a wealthy citizen in New Brunswick, a so-called "have not" province, pays more into equalization than a poorer citizen in Alberta, a so-called "have" province.
Since 1921, the governing interpretation of s. 121 has come from Gold Seal Ltd. v. Alberta (Attorney-General), which considers that it only bars the levying of customs duties on goods moving between provinces. This interpretation has been sustained in subsequent cases.
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Canada Health Transfer payments by year since FY2005. Unlike Equalization payments, which are unconditional, the CHT is a block transfer; the funds must be used by provinces and territories for the purposes of "maintaining the national criteria" for publicly provided health care in Canada (as set out in the Canada Health Act).
Canada Assistance Plan (CAP) a cost-sharing program to fund social services and social assistance. The Equalization program which was renewed unchanged for five years prior to the 1995 budget. The budget announced that the first two programs are to be combined into a single block transfer called the Canada Health and Social Transfer (CHST) [ b ...