ALBERTA PREMIER JASON KENNEY wants Canada’s equalization formula adjusted to be fairer to Albertans.
When it comes to equalization payments to provinces, Albertans think that there must be a mistake. They see themselves as contributors to Quebec at a time when Quebec’s economy is on a roll and Alberta’s is in the dumps.
Kenney is being disingenuous when he claims that the current formula is unfair. His government was the author of the current formula in 2009 when he was a cabinet minister under the Harper Conservatives.
Kenney surely knows that one of the reasons Alberta pays more into equalization is that the province has more high-income earners. While only 11 per cent of Canadians live in Alberta, 21 per cent of Canada’s $100,000-plus earners live there.
David Charbonneau is a retired TRU electronics instructor who hosts a blog at http://www.eyeviewkamloops.wordpress.com.