Equalization Payments for 2012


gerryh
#31
Quote: Originally Posted by DurryView Post


--------------------
Well, we can sure see who the losers are.
Not too many winners to carry all the losers!!


Aren't selfish, self centered people wonderful?
 
CDNBear
+2
#32


Got my cigarette lighter, now where did I put my smokes?
 
JLM
+1
#33
Quote: Originally Posted by DurryView Post

--------------------
Well, we can sure see who the losers are.
Not too many winners to carry all the losers!!

Maybe it's time some of the "losers" (individually speaking anyway) tried "carrying" themselves.
 
SLM
#34
Quote: Originally Posted by CDNBearView Post



Got my cigarette lighter, now where did I put my smokes?

No worries, we can always buy more.
 
CDNBear
+1
#35
Quote: Originally Posted by SLMView Post

No worries, we can always buy more.

Good point. I won't even go to the res and use my status card to pick them up for $20 a carton. We can just buy them for $80 a carton at the corner store.
 
captain morgan
+2
#36
Quote: Originally Posted by SLMView Post

No, other than to say that if you're navigating by beers, Dude pull over, we'll come get ya, you shouldn't be driving.

I was planning on getting one of the hookers to do the actual driving.

Quote: Originally Posted by SLMView Post

Awesome, although co-ordinate with Durka on the hookers as he mentioned them earlier. After all, you wouldn't want to bring the same party favours as another guest, that would be quite the faux pas.


Good point. Maybe he has a frequent 'flyer' card too... Always got to keep your eyes open for a deal ya know.
 
lone wolf
#37
Quote: Originally Posted by CDNBearView Post

Good point. I won't even go to the res and use my status card to pick them up for $20 a carton. We can just buy them for $80 a carton at the corner store.

Twenty Bucks? Brand names or bagged?
 
CDNBear
#38
Quote: Originally Posted by lone wolfView Post

Twenty Bucks? Brand names or bagged?

Bagged. Duty free Blue Ribbon, with a nice consistency, are $10. I like GoldLeaf myself, at bagged, at $20. Brand names are a little more, ranging between $30 to $40/carton. Or $27 to $37/bag.
 
SLM
+2
#39
Quote: Originally Posted by CDNBearView Post

Good point. I won't even go to the res and use my status card to pick them up for $20 a carton. We can just buy them for $80 a carton at the corner store.

Or you could and just give the guy a $60 tip. The important part is, spend the money.

Quote: Originally Posted by captain morganView Post

I was planning on getting one of the hookers to do the actual driving.

Good foresight, clever planning. We could use a guy like you on the party planning side of things.

Quote:

Good point. Maybe he has a frequent 'flyer' card too... Always got to keep your eyes open for a deal ya know.

Deals, pffft. Welcome to Ontario.
 
lone wolf
#40
Have no idea of brand or type - but not American-tasting - not dusty though at $14/bag nearby....
 
CDNBear
#41
Quote: Originally Posted by lone wolfView Post

Have no idea of brand or type - but not American-tasting - not dusty though at $14/bag nearby....

Oh I hate that Yankee flavour too.

Do they have a blue or gold ribbon around the filter?
 
lone wolf
#42
Quote: Originally Posted by CDNBearView Post

Oh I hate that Yankee flavour too.

Do they have a blue or gold ribbon around the filter?

Lights (white tips - which I hate 'cuz I always burn at least one filter) do. Brown-tipped - no stripe. They all carry the Surgeon General warning ... so they're "imported".
 
CDNBear
#43
Quote: Originally Posted by lone wolfView Post

Lights (white tips - which I hate 'cuz I always burn at least one filter) do. Brown-tipped - no stripe. They all carry the Surgeon General warning ... so they're "imported".

Likely Rainbow Tobacco Company, out of Kahnawake. They use Canadian tobacco for the most part, but sell heavily State side, so they tend to use US packaging. Sounds like you have one of the their DuMaurier knock offs. Not a bad product though.
 
taxslave
#44
Quote: Originally Posted by captain morganView Post

does that really matter?

It's great news whenever a region/jurisdiction gets their economy moving and clearly there are times when that lapse in activity needs to be supported, but the fact remains, there are regions that are chronic under performers.

You could fix most of the problem by changing the equalization system to be one where the feds distribute the cash as a long-term low (or no) interest loan... Too many regions consider transfer payments as a part of their revenue stream and have developed a complete dependency on it.

has quebec ever been a contributer?

Quote: Originally Posted by mentalflossView Post

Equalization payments?

We're such commies.

Speak for your self. I was never asked if I wanted my hard earned money shipped east to support social programs that we in BC do not have ourselves.
 
JLM
#45
Quote: Originally Posted by taxslaveView Post

has quebec ever been a contributer?



.

To our culture, you should be grateful for that!
 
taxslave
#46
Quote: Originally Posted by JLMView Post

To our culture, you should be grateful for that!

Yea Trudeau was SOOOO good to the west. Come to think of it lyin brian & creten were not all that much good to us either.
 
JLM
#47
Quote: Originally Posted by taxslaveView Post

Yea Trudeau was SOOOO good to the west. Come to think of it lyin brian & creten were not all that much good to us either.

Yeah, Trudeau gave us "the finger".
 
gerryh
#48
Quote: Originally Posted by JLMView Post

Yeah, Trudeau gave us "the finger".


who's "us"? You have worms?
 
Ron in Regina
#49
Quote: Originally Posted by taxslaveView Post

has quebec ever been a contributer?

Quote: Originally Posted by JLMView Post

To our culture, you should be grateful for that!


In what way? I mean contributed to our culture in what way, & not
we should be grateful in what way...
 
JLM
+1
#50
Quote: Originally Posted by Ron in ReginaView Post

In what way? I mean contributed to our culture in what way, & not
we should be grateful in what way...

Just a little sarcasm.
 
Tonington
#51
Quote: Originally Posted by JLMView Post

I notice none of the three territories are mentioned but due to their relatively low population I would imagine they are huge contributers, being all natural resource based. Anyone have figures on them?

No, they are huge receivers... In 2012-13 (external - login to view) the Northwest Territories will receive $1.1 billion, of which $1.07 billion is from the Territorial Formula Financing program. Nunavut will get $1.3 billion, $1.273 being from the Territorial Formula Financing program. Yukon will get $810 million, with $767 million from the Territorial Formula Financing program.

Per capita, northern residents are subsidized the most.
 
captain morgan
+1
#52
Quote: Originally Posted by taxslaveView Post

has quebec ever been a contributer?

I'd imagine that they have been in the (distant) past.

Quote: Originally Posted by taxslaveView Post

Speak for your self. I was never asked if I wanted my hard earned money shipped east to support social programs that we in BC do not have ourselves.

Funny how that works, eh?

$7/day for daycare in Quebec is entirely a pipe dream in any other province - and here I thought that transfer payments were supposed to keep things relatively 'equal'.
 
JLM
#53
Quote: Originally Posted by ToningtonView Post

No, they are huge receivers... In 2012-13 (external - login to view) the Northwest Territories will receive $1.1 billion, of which $1.07 billion is from the Territorial Formula Financing program. Nunavut will get $1.3 billion, $1.273 being from the Territorial Formula Financing program. Yukon will get $810 million, with $767 million from the Territorial Formula Financing program.

Per capita, northern residents are subsidized the most.

That's amazing, I know the N.W.T. has a couple of diamond mines.
 
SLM
#54
Quote: Originally Posted by JLMView Post

That's amazing, I know the N.W.T. has a couple of diamond mines.

I may be wrong but I'm fairly certain they do not keep any of the revenue from it or if they do it is miniscule. Don't forget they are a territory and not a province.
 
Tonington
#55
Quote: Originally Posted by JLMView Post

That's amazing, I know the N.W.T. has a couple of diamond mines.

It's not really amazing...the transfers don't consider diamond mines...they consider the cost for the territorial governments to offer services compared to that offered by provincial governments at similar levels of taxation.

It's far more expensive up North. That's not shocking at all.
 
JLM
#56
Quote: Originally Posted by ToningtonView Post

It's not really amazing...the transfers don't consider diamond mines...they consider the cost for the territorial governments to offer services compared to that offered by provincial governments at similar levels of taxation.

It's far more expensive up North. That's not shocking at all.

To me it is, it works out to $27,000 per man woman and child.
 
Cannuck
#57
Quote: Originally Posted by JLMView Post

To me it is, it works out to $27,000 per man woman and child.

Have you ever spent time up north?
 
Tonington
+1
#58
Quote: Originally Posted by JLMView Post

To me it is, it works out to $27,000 per man woman and child.

Yes that's the cost to be at parity with say BC or NB. Why are you shocked by this? Do you imagine it would cost the same amount to purchase and install a new MRI machine at the IWK in Halifax, as it would at the Baffin hospital?

How about road construction?

Everything up North is expensive, hence the large beneficiaries of Federal transfer money.

Like Captain Morgan said, the population could not be supported in the North without the added dough.

On another note, this is a good example of the public commons financed by tax payers for which the wealthy derive benefits. In JLM's thread about why the rich should be taxed higher...well they benefit more from the $3 billion in federal transfers. How much profit leaves the Territories by corporations who mine the minerals, the oil, and the gas? Could you have workers up there without the government spending tax dollars to keep a minimum level of essential services? If not, then you can't extract the commodities.

The GDP of NWT is about $76000 per capita, and it requires about a third as much from the Federal transfers to fund the necessary services to keep people living there.
 
Cannuck
#59
Quote: Originally Posted by ToningtonView Post

On another note, this is a good example of the public commons financed by tax payers for which the wealthy derive benefits. In JLM's thread about why the rich should be taxed higher...well they benefit more from the $3 billion in federal transfers. How much profit leaves the Territories by corporations who mine the minerals, the oil, and the gas? Could you have workers up there without the government spending tax dollars to keep a minimum level of essential services? If not, then you can't extract the commodities.

Just don't confuse "the wealthy" with "corporations". My pension plans has money invested in companies with operations in the north. Ultimately, there is only one taxpayer. The real issue is whether (or how much of) the wealth is leaving the country. If company XYZ is operating in the north and the government is subsidizing it's operations indirectly through varies transfer payment schemes, does the value the company brings to the community offset the wealth it takes out. The key is to maintain balance.
 
JLM
#60
Quote: Originally Posted by ToningtonView Post

Yes that's the cost to be at parity with say BC or NB. Why are you shocked by this? Do you imagine it would cost the same amount to purchase and install a new MRI machine at the IWK in Halifax, as it would at the Baffin hospital?

How about road construction?

Everything up North is expensive, hence the large beneficiaries of Federal transfer money.

Like Captain Morgan said, the population could not be supported in the North without the added dough.

On another note, this is a good example of the public commons financed by tax payers for which the wealthy derive benefits. In JLM's thread about why the rich should be taxed higher...well they benefit more from the $3 billion in federal transfers. How much profit leaves the Territories by corporations who mine the minerals, the oil, and the gas? Could you have workers up there without the government spending tax dollars to keep a minimum level of essential services? If not, then you can't extract the commodities.

The GDP of NWT is about $76000 per capita, and it requires about a third as much from the Federal transfers to fund the necessary services to keep people living there.

While it's not a subject that I am particularly knowledgable about, I do know in other jurisdictions road construction for resource roads, costs are partly borne by the industry, often in a 50/50 partnership with Gov't. What we do need is a bigger population up north (where apparently there is lots of work) so maybe an incentive is needed to get able bodied welfare recipients from the south to get up there and start contributing.
 

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