Equalization by Population

Oh boy! Ontario is going to receive equalization payments next year – free money from other provinces. How much federal pogey can we look forward to, and how does that compare to the other provinces?

  • Ontario, population 12,891,787
    Equalization payment: $347 million
    Per capital equalization: $26.92
  • Quebec, population 7,744,530
    Equalization payment: $8.35 billion
    Per capita equalization: $1078.18
  • Manitoba, population 1,196,291
    Equalization payment: $2.1 billion
    Per capita equalization: $1755.43
  • Prince Edward Island, population 139,407
    Equalization payment: $340 million
    Per capita equalization: $2438.90

(Population data here; Equalization data here)

So PEI, a province with a population roughly the same as Oshawa, is receiving the same sum payment as Ontario. I understand it’s pretty much impossible for the province home to nearly 40% of Canadians to draw much from this program, but those numbers are absurd.

Twenty five bucks per person isn’t going to make a difference to this province’s finances.

(photo credit)

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