Payments

Payments in Canada

Definition of Equalization Payments

The Canada social science dictionary [1] provides the following meaning of Equalization Payments: Funds transferred from the government of Canada to some of the provinces to compensate them for having a smaller per capita tax base than other provinces. The intent of the payments is to support a comparable level of provincial government services across all of Canada. Historically, Ontario has been the chief net contributor, via federal taxation, and Quebec the chief net beneficiary. The Atlantic provinces, Manitoba and, from time to time, Saskatchewan are also recipients, while Alberta and British Columbia have been net contributors.

Equalization Payments: Resources

Notes and References

  1. Drislane, R., & Parkinson, G. (2016). (Concept of) Equalization Payments. Online dictionary of the social sciences. Open University of Canada

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(2017, 05). Payments lawi.ca Retrieved 09, 2017, from https://lawi.ca/
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  • Article Name: Payments
  • Author: Michael Mac Neil
  • Description: Definition of Equalization Payments The Canada social science dictionary [1] provides the following meaning of [...]


This entry was last updated: May 21, 2017

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Caution: This Canadian legal encyclopedia contains clearly written statements of Canadian legal principle based on common law and legislation regarding Payments and other areas of law in Canada . But, legal information is not the same as legal advice (which involves applying laws, about Payments and other topics, to particular individuals and organizations and their particular circumstances). It is always a good idea to consult with an attorney to obtain advice as to how the law (in relation to Payments and other legal subjects) should be interpreted in light of the particularities of your situation. Also, you should be aware that legal aspects impacting Payments may change over time and, as such the information contained in this Canadian legal encyclopedia may become out of date.

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