Search results
Results from the WOW.Com Content Network
A formal system of equalization payments was first introduced in 1957. [7] [ Notes 1]. The original program had the goal of giving each province the same per-capita revenue as the two wealthiest provinces, Ontario and British Columbia, in three tax bases: personal income taxes, corporate income taxes and succession duties (inheritance taxes).
On October 18, 2021, a referendum was held in Alberta, Canada on two questions, whether equalization payments should be eliminated from the Constitution of Canada, and whether the province should observe daylight saving time year-round. [1] The referendum was held as part of the 2021 Alberta municipal elections and the Senate nominee election ...
The Alberta Sovereignty Within a United Canada Act, commonly known as the Alberta Sovereignty Act, is an act introduced on November 29, 2022, the first day of the fall sitting of the 4th Session of the 30th Alberta Legislature by the Premier of Alberta, Danielle Smith, and passed on December 8, 2022.
Official results showed 61.7% of voters supporting removing the principle of equalization from the constitution. Vote in Alberta referendum reopens debate over how Canada divvies up wealth among ...
Until the 2009–2010 fiscal year, Ontario was the only province to have never received equalization payments; in 2009-2010 Ontario received 347 million dollars, [7] while Newfoundland, which has received payments since the program's creation, is now a so-called "have" province, and is now a net contributor and does not receive payments.
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.
Alberta municipal elections, Alberta Senate nominee election, 2021 Alberta equalization payments referendum and 2021 Alberta daylight saving time referendum; Municipal by-election in Westport, Ontario [77] October 19: Northwest Territories municipal elections (taxed communities; excluding Yellowknife) October 21: Yukon municipal elections ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!