That Ontario is going to receive some equalization money is not that big of a deal, especially once you consider that it’s basically Ontario residents’ money being returned to them, laundered through the federal treasury. But for some reason, everyone is burying the lede:
That Ontario is going to receive some equalization money is not that big of a deal, especially once you consider that it’s basically Ontario residents’ money being returned to them, laundered through the federal treasury. But for some reason, everyone is burying the lede:
Mr. Flaherty said future payments will be limited to the growth of nominal gross domestic product, which constitutes the increase in economic output and inflation.