| bouzane said: As a Newfoundlander I dislike how the government of Canada allowed us to suffer through an economic depression my entire life and as soon as we generate some oil revenue they start crying how we are a "have province" and that we should make greater normalization payments to them. The unemployment rate here is about 13% and they were never here to help us yet they are here with their hands out when we finally start generating oil revenue. We're just a cash cow producing tax dollars and readily available workers. |
I wanted to avoid this but I just couldn't let this go unanswered.
as long as I can remember the west (have provinces) have been making equalization payments to prop up the atlantic (have not) provinces so it only makes sense that as soon as you become a have province you start contributing.
talking facts per person newfoundland is now fourth in gdp. It took british columbias spot.
Gross Domestic Product per capita by province - 2005
($ per capita)
| NL | PE | NS | NB | QC | ON | MB | SK | AB | BC | Average | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDP per capita | $41,802 | $30,166 | $33,484 | $32,152 | $36,009 | $42,812 | $35,500 | $43,330 | $66,644 | $39,658 | $42,374 |
| Ratio to mean | 98.6 | 71.2 | 79.0 | 75.9 | 85.0 | 101.0 | 83.8 | 102.3 | 157.3 | 93.6 | 100.0 |
but yet B.C. gets no equalization money and newfoundland recieves $938 per person.
Equalization payments in Canada – 2007-08
($ millions)
| NL | PE | NS | NB | QC | MB | SK | BC | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Equalization | 477 | 294 | 1,465 | 1,477 | 7,160 | 1,826 | 226 | - | 12,925 |
| Per capita | $938 | $2,118 | $1,564 | $1,968 | $931 | $1,543 | $230 | $0 | - |
