Equalization Payments for 2012

Equalization Payments for 2012

Durry

#1Feb 3rd, 2012

Source: Statistics Canada

Quebec and Ontario will receive the most from equalization payments in the 2012-2013 year.[3]
However, per capita, PEI benefits the most. In the 2012-2013 year, the following provinces will receive equalization payments:[3]

Quebec ($7.391 billion)
Ontario ($3.261 billion)
Manitoba ($1.671 billion)
New Brunswick ($1.495 billion)
Nova Scotia ($1.268 billion)
Prince Edward Island ($337 million)

The following provinces will not qualify for equalization payments in 2012-2013:
Alberta
Saskatchewan
Newfoundland and Labrador
British Columbia

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

Cliffy

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by Durry

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

I bet you starch your underwear, don't you. You probably give yourself pep talks in front of the mirror in the morning: "I am the greatest, I am a winner, no one can compare to my greatness!" Then stroke your penis for good luck.

DurkaDurka

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by Durry

Source: Statistics Canada

Quebec and Ontario will receive the most from equalization payments in the 2012-2013 year.[3]
However, per capita, PEI benefits the most. In the 2012-2013 year, the following provinces will receive equalization payments:[3]

Quebec ($7.391 billion)
Ontario ($3.261 billion)
Manitoba ($1.671 billion)
New Brunswick ($1.495 billion)
Nova Scotia ($1.268 billion)
Prince Edward Island ($337 million)

The following provinces will not qualify for equalization payments in 2012-2013:
Alberta
Saskatchewan
Newfoundland and Labrador
British Columbia

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

You know, your post wasn't all that bad until you added your idiotic comment to it. Also, if you think of your self as a "winner", you're sorely mistaken.

IdRatherBeSkiing

+3 / -1

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by Durry

Source: Statistics Canada

Quebec and Ontario will receive the most from equalization payments in the 2012-2013 year.[3]
However, per capita, PEI benefits the most. In the 2012-2013 year, the following provinces will receive equalization payments:[3]

Quebec ($7.391 billion)
Ontario ($3.261 billion)
Manitoba ($1.671 billion)
New Brunswick ($1.495 billion)
Nova Scotia ($1.268 billion)
Prince Edward Island ($337 million)

The following provinces will not qualify for equalization payments in 2012-2013:
Alberta
Saskatchewan
Newfoundland and Labrador
British Columbia

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

Payback for all the years Ontario carried the west and east.

DurkaDurka

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by IdRatherBeSkiing

Payback for all the years Ontario carried the west and east.

I can guess his response in his broken English. "You loosers welfare bums take my alberta money i earn from my being a janitor and i'm sick of it! U Eastern LOOOOSERS"

I've already spent my equalization cheque on hookers and blow, I hope Durry approves.

darkbeaver

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by Durry

Source: Statistics Canada

Quebec and Ontario will receive the most from equalization payments in the 2012-2013 year.[3]
However, per capita, PEI benefits the most. In the 2012-2013 year, the following provinces will receive equalization payments:[3]

Quebec ($7.391 billion)
Ontario ($3.261 billion)
Manitoba ($1.671 billion)
New Brunswick ($1.495 billion)
Nova Scotia ($1.268 billion)
Prince Edward Island ($337 million)

The following provinces will not qualify for equalization payments in 2012-2013:
Alberta
Saskatchewan
Newfoundland and Labrador
British Columbia

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

Nova Scotia is a powerful nation you just keep the money coming and we won't have to come and get it from you.

TenPenny

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by Durry

Source: Statistics Canada

Quebec and Ontario will receive the most from equalization payments in the 2012-2013 year.[3]
However, per capita, PEI benefits the most. In the 2012-2013 year, the following provinces will receive equalization payments:[3]

Quebec ($7.391 billion)
Ontario ($3.261 billion)
Manitoba ($1.671 billion)
New Brunswick ($1.495 billion)
Nova Scotia ($1.268 billion)
Prince Edward Island ($337 million)

The following provinces will not qualify for equalization payments in 2012-2013:
Alberta
Saskatchewan
Newfoundland and Labrador
British Columbia

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

I know that you don't understand the concept of equalization, but I hope you notice that Newfoundland and Labrador are on the 'not qualify' list for a change. Care to think about how that change happened?

lone wolf

Re: Equalization Payments for 2012

Feb 3rd, 2012

If it wasn't for oil you'd still be following cows.

SLM

#9 Top Rated Post

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by DurkaDurka

I can guess his response in his broken English. "You loosers welfare bums take my alberta money i earn from my being a janitor and i'm sick of it! U Eastern LOOOOSERS"

Now be fair, you forgot "HAHAHA!!!!" and/or "LOL!!!!"

Quote:

I've already spent my equalization cheque on hookers and blow, I hope Durry approves.

Now that's a shame. See Bear and I have discovered that if we pool all of Durry's money we can throw wild, elaborate, 'hookers and blow' all inclusive parties on a yacht. We burn cash to stay warm, it makes a hell of a fire.

Ron in Regina

#10

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by SLM

Now be fair, you forgot "HAHAHA!!!!" and/or "LOL!!!!"

Now that's a shame. See Bear and I have discovered that if we pool all of Durry's money we can throw wild, elaborate, 'hookers and blow' all inclusive parties on a yacht. We burn cash to stay warm, it makes a hell of a fire.

Must be the Ink. I hear it burns hotter when it's fresh.

SLM

#11

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by Ron in Regina

Must be the Ink. I hear it burns hotter when it's fresh.

Could be, sure is a purdy fire though. And not some little

y fire either, I'm talking great big bonfire. Takes loads of cash to keep it going. Which is just as well because we need to do something with the loads of cash sent to us. Stuff just keeps piling up!

Durry

#12

Re: Equalization Payments for 2012

Feb 3rd, 2012

Well it's a typical response from losers!!!
What else can one expect.
Enjoy the bonfire, that's the only enjoyment your capable of getting!!!!

captain morgan

#13

Re: Equalization Payments for 2012

Feb 3rd, 2012

Quote: Originally Posted by SLM

Now that's a shame. See Bear and I have discovered that if we pool all of Durry's money we can throw wild, elaborate, 'hookers and blow' all inclusive parties on a yacht. We burn cash to stay warm, it makes a hell of a fire.

Ok, now I'm having a real problem here... Where they hell is my invite to this?

We've gone way beyond a few beers and party-mix, I definitely need you guys to get my mailing address right.

SLM

#14

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by captain morgan

Ok, now I'm having a real problem here... Where they hell is my invite to this?

We've gone way beyond a few beers and party-mix, I definitely need you guys to get my mailing address right.

Ok, ok. You are officially invited.

Just head east. Go around the big lake. Follow the party music, you'll have no problem finding the place.

Bring party-mix.

taxslave

#15

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by DurkaDurka

You know, your post wasn't all that bad until you added your idiotic comment to it. Also, if you think of your self as a "winner", you're sorely mistaken.

I think he was referring to the provinces that get all the free money as the winners since I don't see how being forced to give away our hard earned money could qualify as winning.

JLM

#16

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by taxslave

I think he was referring to the provinces that get all the free money as the winners since I don't see how being forced to give away our hard earned money could qualify as winning.

Not sure if P.E.I. could be considered a "winner". Steady diet of spuds could be a little depressing!

captain morgan

#17

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by JLM

Not sure if P.E.I. could be considered a "winner". Steady diet of spuds could be a little depressing!

It could be construed that the equalization program is paying people to stay in a location that can't support the existing population.

JLM

#18

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by captain morgan

It could be construed that the equalization program is paying people to stay in a location that can't support the existing population.

I'd agree with you but apparently some of the provinces who used to be footing the bill are now on the receiving end and visy versy.

captain morgan

#19

Re: Equalization Payments for 2012

Feb 4th, 2012

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.

JLM

#20

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by captain morgan

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.

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?

SLM

#21

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by captain morgan

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.

Of course you're right. The entire scheme is convoluted. It's just a merry go round of money, it does nothing to affect real change in any area. It's a short term solution to a long term problem. And, in the interests of full disclosure, I don't actually blame anyone for being fed up with the status quo. It's actually understandable.

Having said that of course I will continue to mock, ridicule and deride anyone who has so much of a chip on their shoulder that it narrows their view to the extent of creating a bigoted attitude towards their fellow Canadians.

Now party starts at eight, don't be late and do not forget the party mix.

TenPenny

#22

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by captain morgan

It could be construed that the equalization program is paying people to stay in a location that can't support the existing population.

That's true, and our EI system is likewise aimed at paying people to stay home, instead of moving to where there are jobs waiting.

mentalfloss

#23

Re: Equalization Payments for 2012

Feb 4th, 2012

Equalization payments?

We're such commies.

JLM

#24

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by TenPenny

That's true, and our EI system is likewise aimed at paying people to stay home, instead of moving to where there are jobs waiting.

E.I. or not can people who are unemployed realistically afford to move to another location on the chance of finding a job. And then there is the matter of choosing between moving H.H. effects or supporting two homes. It would work well enough for single people, but for families it might be quite impractical. I know........... I moved a lot during my working career.

lone wolf

#25

Re: Equalization Payments for 2012

Feb 4th, 2012

EI or not, can anyone afford to walk away from the mortgage they pay on a boomtown-priced house that is now almost worthless since the mines closed? Ask Elliot Lake....

JLM

#26

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by lone wolf

EI or not, can anyone afford to walk away from the mortgage they pay on a boomtown-priced house that is now almost worthless since the mines closed? Ask Elliot Lake....

There is one valid reason why a person is absolutely f*****g crazy to take on a mortgage with 0 or 5% down.

captain morgan

#27

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by SLM

Now party starts at eight, don't be late and do not forget the party mix.

I'm sooo excited - I can hardly wait!

I'll take your directions East to the big lake and look for the party... Any other travel tips like "it's about 3 beers North on Hwy 12 and 1/12 beers East once you see the barking dog".

I won't forget the party-mix, I'll pick it up at Costco just before I get the hookers.

WLDB

#28

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by Durry

Well it's a typical response from losers!!!
What else can one expect.
Enjoy the bonfire, that's the only enjoyment your capable of getting!!!!

I'd love to burn your money.

CDNBear

#29

Re: Equalization Payments for 2012

Feb 4th, 2012

The damn tent rental guys are late. But the beer is cold and the hot tub hot!

SLM

#30

Re: Equalization Payments for 2012

Feb 4th, 2012

Quote: Originally Posted by captain morgan

I'm sooo excited - I can hardly wait!

I'll take your directions East to the big lake and look for the party... Any other travel tips like "it's about 3 beers North on Hwy 12 and 1/12 beers East once you see the barking dog".

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.

Quote:

I won't forget the party-mix, I'll pick it up at Costco just before I get the hookers.

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.

Quote: Originally Posted by WLDB

I'd love to burn your money.

It is a lot of fun.

Quote: Originally Posted by CDNBear

The damn tent rental guys are late. But the beer is cold and the hot tub hot!

Party on!

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