
Both provinces are using this method as a means to extract money from the west. A never ending effort by the eastern provinces!!!

Well, I think there are other ways as well. We just have to get creative!!

I don't think Equalization was ever meant to support a welfare province on to eternity. More like helping get over a rough time period.

The equalization formula is partly based on the success of the most lucrative provinces.
Since Alberta has a crapton of oil to extract, it will be inherently successful. If you really want to hijack the effort to help other provinces, you need to reduce your economic output as well.

As you can see from the chart above, Quebec has been taking the lions share of equalization payments. Quebec has adjusted their life style and governance to rely on these Equalization like they are entitled to it without question. Ontario has now also learned to adopt the culture of entitlement as a way to support their socialistic lifestyle.
Both provinces are using this method as a means to extract money from the west. A never ending effort by the eastern provinces!!!
With proper governance, both provinces can be weined from this welfare handout, but they will not allow themselves to be weined from this handout as its just too lucrative and it is the only means they have available to them to extract funds from the west.

It's probably best you stay out of these conversations as you clearly have no idea what's good for the economy, lol

That's the problem MF - you really don't 'say' much of anything. Today is pretty much the only time that I've actually seen your opinion on something. By in large, all you do is post egregious, one-sided 'reports' and articles that bemoan the private sector and seek to tax the sh*t out of people and companies.
What am I to assume MF?

I was asking your opinion MF... I understand that providing an opinion is a foreign practice for you, but give it a try, you might actually start to think about the things you post before you hit the submit button.

Chart or no chart before the late forties Alberta was a nowhere province filled with
people who didn't whine about their privileged lot in life. Since then except during
Don Getty's term in office all they have done is paid and complained. Don at least
had some class. Today we have a bunch of simplistic whiners and the current
Prime Minister who is living a failed dream of the 1980's still making changes on
issues that have already passed on the world stage. Building new expensive and
debt ridden prisons while the serious crime rate is actually going down. They are
still complaining about pensions, and now instead of taking care of MP pensions
which are a drop in the bucket when compared to the real fiscal problems of the
country, they are now content with dragging everyone Else's pension down to the
lowest level. What has this to do with equalization? It is the fuel of the whining
mind set many of these people have. Somehow they are above everyone else.
Oh they live in Canada and they are Canadian, but instead of being part of a
national family they behave like some rich uncle who believes some are more
equal than others.
No I do not hate Albertans, I have lived there a few times but I prefer not to stay
for long periods of time. I liked Red Deer and I liked Edmonton and even Peace
River, but the South no thanks. That seems to be the source of the problem.
Maybe its the water in the Bow River or something. I just wish they would be a
part of the national fabric of Canada and stop with the we are victims and look
a how much we contribute. Charts mean nothing in terms of family. Good God
if I took that attitude in our family things would be chaotic. We have 24 grand
kids now, a new one a month ago, and every time I help the older ones out with
something I teach them about how money works and how to develop a work
ethic. I never whine about having to help them. A national family is no different
than a close family.
yes Albertans are a part of the Canadian family I just want them to behave like it.