Transfer Payments

TRANSFER PAYMENTS from the federal government to the provinces are of 2 types: equalization payments to the so-called "have not" provinces to counter regional economic disparities, and the Canadian Health Transfer and Canadian Social Transfer to support health care, post-secondary EDUCATION and social assistance programs. Federal allocations to BC declined sharply during the 1990s as Ottawa struggled to lower its overall deficit by reducing expenditures, but they increased again post-2000. In...

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