a return to sanity
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.
Get the Best of Maclean’s straight to your inbox.
Sign up for news, commentary and analysis. Join 60,000+ Canadian readers.