Premiers Jason Kenney and Scott Moe want to re-open equalization. It’s one of the prairie premiers’ core demands for a “new deal” with Canada. But that’s super messy. And besides, the equalization formula isn’t the problem; it’s more or less operating as intended, helping to ensure all provinces have equivalent capacity to fund similar levels of public services. Alberta has plenty of revenue capacity to fund its public programs. As the latest Alberta budget itself boasts, if Alberta taxed individuals and corporations at rates comparable to other provinces, it would have “at least $13.4 billion more in taxes.”
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