Ontario's Reaction to News of Federal Transfers Update 2016-2017


mentalfloss
#1
We're such smart, good people.

I blame the teachers.


Ontario's Reaction to the Federal Government's Release of Transfer Entitlements for 2016-17

Today, the federal government released 2016-17 provincial entitlements for major transfers, including the Canada Health Transfer, the Canada Social Transfer and Equalization.

While transfers are important in the federation, Ontario is focused on having productive and collaborative discussions at the upcoming meeting of Canadian Finance Ministers on issues such as creating jobs and growing the economy, ensuring retirement income security, improving child benefit programs and investing in public infrastructure.

On Equalization specifically, it is important to note Ontario's place in the federation. Ontario has long been a net contributor to the federation. In 2009-10, when Ontario first received Equalization, the gap between what the people of Ontario paid in federal taxes versus what they received in federal transfers and services was about $11 billion. Ontarians continue to be net contributors to the Equalization program itself, the highest among provinces.

The Ontario economy is expected to outpace national growth for the next two years, and we continue to deliver high quality services with the lowest program spending per person compared to all other provinces. Ontario is committed to continue to be a collaborative partner in the federation, and Ontarians recognize the long-standing, important role that Ontario plays as a contributor to the federation.

A collaborative approach to federalism is part of the government's plan to build Ontario up. The four-part plan includes investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic, innovative environment where business thrives, and building a secure retirement savings plan.

Quick Facts

Ontario’s Transfer Entitlements for 2016-17 are $13.9 billion for the Canada Health Transfer, $5.1 billion for the Canada Social Transfer and $2.3 billion from Equalization.

In 2015-16, Ontarians will contribute approximately $6.7 billion to the Equalization program while the province will only receive roughly $2.4 billion in return — representing a net contribution of $4.4 billion — the highest of all provinces.

Of those provinces that receive Equalization, Ontario is the only one that is a net contributor to the program.

Equalization is governed by a formula defined by the federal government.

Provinces and territories have identified a need to modernize the transfer system to better address the challenges facing the federation, and to build a stronger economic union.

https://news.ontario.ca/mof/en/2015/...r-2016-17.html
Last edited by mentalfloss; Dec 21st, 2015 at 08:25 AM..
 
lone wolf
Free Thinker
+2
#2  Top Rated Post
Interesting how your link leads directly to the Ministry of Propaganda
 
mentalfloss
#3
Is the information provided incorrect?
 
lone wolf
Free Thinker
+2
#4
Your boldened paragraph is rather doubtful - and credibility of management leaves much to be desired
 
Jinentonix
No Party Affiliation
+1
#5
Quote: Originally Posted by lone wolf View Post

Your boldened paragraph is rather doubtful - and credibility of management leaves much to be desired

Quote:

and we continue to deliver high quality services with the lowest program spending per person compared to all other provinces




Oh for sure. Almost $1 billion to not have computerized medical records. Paying over $1 billion to not build some gas plants. Delisting medical services, selling a majority of OUR public utility, blowing $2.5 billion on some third rate, drug-riddled athletic competition. ORNGE, although that problem didn't start under the Liberals, they just let it continue. Just about the highest hydro rates in the industrialized world while paying other jurisdictions to take excess generation off our hands. Permitting illegals to access govt services. Provincial contact numbers that just give you a pre-recorded runaround with no hope of speaking to an actual person.


Oh yeah, this Liberal party has got it going on all right.
 
taxslave
Free Thinker
+1
#6
Quote: Originally Posted by mentalfloss View Post

We're such smart, good people.

I blame the teachers.


Ontario's Reaction to the Federal Government's Release of Transfer Entitlements for 2016-17

Today, the federal government released 2016-17 provincial entitlements for major transfers, including the Canada Health Transfer, the Canada Social Transfer and Equalization.

While transfers are important in the federation, Ontario is focused on having productive and collaborative discussions at the upcoming meeting of Canadian Finance Ministers on issues such as creating jobs and growing the economy, ensuring retirement income security, improving child benefit programs and investing in public infrastructure.

On Equalization specifically, it is important to note Ontario's place in the federation. Ontario has long been a net contributor to the federation. In 2009-10, when Ontario first received Equalization, the gap between what the people of Ontario paid in federal taxes versus what they received in federal transfers and services was about $11 billion. Ontarians continue to be net contributors to the Equalization program itself, the highest among provinces.

The Ontario economy is expected to outpace national growth for the next two years, and we continue to deliver high quality services with the lowest program spending per person compared to all other provinces. Ontario is committed to continue to be a collaborative partner in the federation, and Ontarians recognize the long-standing, important role that Ontario plays as a contributor to the federation.

A collaborative approach to federalism is part of the government's plan to build Ontario up. The four-part plan includes investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic, innovative environment where business thrives, and building a secure retirement savings plan.

Quick Facts

Ontario’s Transfer Entitlements for 2016-17 are $13.9 billion for the Canada Health Transfer, $5.1 billion for the Canada Social Transfer and $2.3 billion from Equalization.

In 2015-16, Ontarians will contribute approximately $6.7 billion to the Equalization program while the province will only receive roughly $2.4 billion in return — representing a net contribution of $4.4 billion — the highest of all provinces.

Of those provinces that receive Equalization, Ontario is the only one that is a net contributor to the program.

Equalization is governed by a formula defined by the federal government.

Provinces and territories have identified a need to modernize the transfer system to better address the challenges facing the federation, and to build a stronger economic union.

https://news.ontario.ca/mof/en/2015/...r-2016-17.html

Your numbers don't add up.I read 21.3 billion going to Ontario while paying only 6.7 billion. Better find a source that can get accurate information.
 
IdRatherBeSkiing
+1
#7
Quote: Originally Posted by taxslave View Post

Your numbers don't add up.I read 21.3 billion going to Ontario while paying only 6.7 billion. Better find a source that can get accurate information.

Certainly the source of the provincial government is not that source. It has been abundantly clear they have not known how to add anything up for some time.
 
petros
+1
#8
Quote:

Provinces and territories have identified a need to modernize the transfer system to better address the challenges facing the federation, and to build a stronger economic union.

In other words paying provinces want ON to stop jacking off the transfer dog to feed the vote buying cat.
 
Retired_Can_Soldier
+2
#9
Quote: Originally Posted by lone wolf View Post

Interesting how your link leads directly to the Ministry of Propaganda

This post is probably one of the best I have read in quite some time. Merry Christmas, lone wolf and thanks for the chuckle.
 
mentalfloss
#10
The spin on here is hilarious.

Omgz this is 1984 all over again!
 
petros
+1
#11
Spin? What spin? Ohhhhh the article. Riiiiiight. Pathetic huh?
 
mentalfloss
#12
Truly.

People from Albertastan and Sasquatchuwan be jealous of Wontario.
 
petros
#13
Jealous of what?
 
mentalfloss
#14
Everything.
 
petros
#15
Like what?
 
mentalfloss
#16
Federal-provincial finance ministers talk about fresh equalization figures | CTV News
 
lone wolf
Free Thinker
+1
#17
Ontarians urged to help province pay off its debt | Toronto Star
 
petros
#18
Quote: Originally Posted by lone wolf View Post

Ontarians urged to help province pay off its debt | Toronto Star

This is thread topic on it's own.


Have a garage sale but don't build an ecofriendly garage as a cover.

BTW, I'd love to help but I'm donating to the environmental causes.
 
Jinentonix
No Party Affiliation
#19
Quote: Originally Posted by mentalfloss View Post

The spin on here is hilarious.

Glad to see you finally recognize your posting history. I guess it does take the pressure off though, when you let your ideology tell you how and what to think. Saves expending any effort on independent, critical thought.
 
mentalfloss
#20
Well at least the other guys gave it a decent shot.
 
Retired_Can_Soldier
+1
#21
Quote: Originally Posted by mentalfloss View Post

Truly.

People from Albertastan and Sasquatchuwan be jealous of Wontario.

You're the only one who keeps whipping his weeny out. Are you that insecure?
 
mentalfloss
#22
Insecure of what?
 

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