Tuesday, November 08, 2005
Newfoundland and Labrador, Canada's poorest Territory!
http://www.releases.gov.nl.ca/releases/2005/fin/1027n09.htm
It's pretty obvious according to this chart that NL is a victim of its size.
Equalization and TFF Amounts for 2006–07
($ millions)
Newfoundland and Labrador 687,000,000.00
Prince Edward Island 280,000,000.00
Nova Scotia 1,379,000,000.00
New Brunswick 1,432,000,000.00
Quebec 5,354,000,000.00
Ontario –
Manitoba 1,690,000,000.00
Saskatchewan –
Alberta –
British Columbia 459,000,000.00
Total Equalization 11,282,000,000.00
Newfoundland and Labrador 687,000,000.00
Northwest Territories 738,000,000.00
Nunavut 827,000,000.00
Yukon 506,000,000.00
Total TFF 2,070,000,000.00
Update:
http://www.canadainfolink.ca/canmap.htm
Canada's population 31,752,842 as of January, 2004.
Newfoundland and Labrador 519,570
Prince Edward Island 137,941
Nova Scotia 936,878
New Brunswick 750,460
Quebec 7,503,502
Ontario 12,280,731
Manitoba 1,164,135
Saskatchewan 995,003
Alberta 3,164,400
British Columbia 4,158,649
Yukon 31,371
Northwest Territories 42,040
Nunavut 29,357
Update:
Correct me if I'm wrong but I believe the $800,000,000.00$ Quebec receives from the Upper Churchill isn't even include in Quebecs GDP?
GDP to follow.
It's pretty obvious according to this chart that NL is a victim of its size.
Equalization and TFF Amounts for 2006–07
($ millions)
Newfoundland and Labrador 687,000,000.00
Prince Edward Island 280,000,000.00
Nova Scotia 1,379,000,000.00
New Brunswick 1,432,000,000.00
Quebec 5,354,000,000.00
Ontario –
Manitoba 1,690,000,000.00
Saskatchewan –
Alberta –
British Columbia 459,000,000.00
Total Equalization 11,282,000,000.00
Newfoundland and Labrador 687,000,000.00
Northwest Territories 738,000,000.00
Nunavut 827,000,000.00
Yukon 506,000,000.00
Total TFF 2,070,000,000.00
Update:
http://www.canadainfolink.ca/canmap.htm
Canada's population 31,752,842 as of January, 2004.
Newfoundland and Labrador 519,570
Prince Edward Island 137,941
Nova Scotia 936,878
New Brunswick 750,460
Quebec 7,503,502
Ontario 12,280,731
Manitoba 1,164,135
Saskatchewan 995,003
Alberta 3,164,400
British Columbia 4,158,649
Yukon 31,371
Northwest Territories 42,040
Nunavut 29,357
Update:
Correct me if I'm wrong but I believe the $800,000,000.00$ Quebec receives from the Upper Churchill isn't even include in Quebecs GDP?
GDP to follow.
Comments:
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Geeze the big winner is la belle Province - by a landslide. Funny how that works isn't it.
Nothing funny about it at all: Quebec is the equalization-receiving province with the largest population. Equalization is a function of (standard-MINUS-fiscal-capacity) TIMES (population).
On a per-capita basis, only BC and SK get less equalization than Quebec.
All four Atlantic provinces, and Manitoba, get more.
Nothing funny about it at all: Quebec is the equalization-receiving province with the largest population. Equalization is a function of (standard-MINUS-fiscal-capacity) TIMES (population).
On a per-capita basis, only BC and SK get less equalization than Quebec.
All four Atlantic provinces, and Manitoba, get more.
The point I was trying to make was highlight how NL being such a large land mass with such a sall and widely spread out population is more like a territory than it is a province.
Look at the Equalization the Territories get.
As for Quebec? Hard to put it in words.
I lived in Quebec for two 2 years and believe me I didn't see any reason for equalization. It had to be one of the richest provinces I've had the pleasure to live in.
Free out door concerts all summer.
Best of the best roads.
When you fly over Quebec it's like flying over a sea because there are that many back yard pools.
Was a great place to live if the animosity towards English Canada wasn't there.
No sir IMHO it's time not to let Quebec separate but rather kick them out!
NB gets Gaspe peninsula South side of Saint Lawrence and Labrador becomes a Territory with the lower North shore.
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Look at the Equalization the Territories get.
As for Quebec? Hard to put it in words.
I lived in Quebec for two 2 years and believe me I didn't see any reason for equalization. It had to be one of the richest provinces I've had the pleasure to live in.
Free out door concerts all summer.
Best of the best roads.
When you fly over Quebec it's like flying over a sea because there are that many back yard pools.
Was a great place to live if the animosity towards English Canada wasn't there.
No sir IMHO it's time not to let Quebec separate but rather kick them out!
NB gets Gaspe peninsula South side of Saint Lawrence and Labrador becomes a Territory with the lower North shore.
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